Shelf-price agreements: the next frontier in competitive bidding for coronary intervention supplies.
In an attempt to further reduce operating costs, in 2004 our institution embarked on a novel approach in which we defined the price to be paid for interventional cardiology supplies and challenged vendors to meet that price. The results suggest that this strategy can further reduce supply costs while maintaining collaborative relationships with vendors.
Keast
Robert K
RK
Division of Cardiovascular Medicine, Department of Internal Medicine, University of Michigan Health System, Ann Arbor, MI 48109-0311, USA.
Eagle
Kim A
KA
Goldstein-Dunn
Julie
J
Cox
Douglas
D
Michalak
Catherine Gage
CG
Chetcuti
Stanley
S
Grossman
P Michael
PM
Mukherjee
Debabrata
D
Larin
Linda R
LR
Fetyko
Stephen
S
Denton
T Anthony
TA
Moscucci
Mauro
M
D000046:Academic Medical Centers; D016507:Cardiology Service, Hospital; D003164:Competitive Bidding; D032982:Contracts; D003299:Cooperative Behavior; D004865:Equipment and Supplies, Hospital / Q000191:economics*; D008824:Michigan