Capitated pricing model for stroke thrombectomies: a single center experience across three companies. (16th July 2020)
- Record Type:
- Journal Article
- Title:
- Capitated pricing model for stroke thrombectomies: a single center experience across three companies. (16th July 2020)
- Main Title:
- Capitated pricing model for stroke thrombectomies: a single center experience across three companies
- Authors:
- Shah, Kavit
Brown, Merritt
Desai, Shashvat M
Jovin, Tudor G
Jadhav, Ashutosh P
Gross, Bradley A
Jankowitz, Brian Thomas - Abstract:
- Abstract : Background: With a continued rise in healthcare expenditures, there is a demonstrable focus on curbing expenses. Mechanical thrombectomy (MT) is the standard of treatment for large vessel occlusions (LVOs); however, considerable costs are associated with devices utilized in each procedure. We report our institution's experience with capitation pricing models negotiated with three different companies. Methods: We retrospectively reviewed a prospectively maintained database from February 2018 to August 2019 identifying cases performed under capitation models. We calculated the cost of equipment for each thrombectomy using the cost for individual devices utilized (virtual) and compared this sum to the total derived from cost-negotiated bundled equipment packages. This was compared with real-world cases that did not meet capitation criteria during this study period. Results: 107 cases met the criteria for capitation; 39 cases used company A's models (28 with stentrievers), 44 cases used company B's models (3 with stentrievers), and 24 cases used company C's models (14 with stentrievers). Overall, there was a net savings of $202 370.50 utilizing the capitated model ($689 435 vs $891 805.50), amounting to $1891.31 savings per case. Mean capitation was lower ($6972±2774) compared with virtual ($8794±4614) and real-world non-capitation costs ($7176±3672). Conclusion: The negotiated capitated pricing model yielded total cost savings associated with equipment from eachAbstract : Background: With a continued rise in healthcare expenditures, there is a demonstrable focus on curbing expenses. Mechanical thrombectomy (MT) is the standard of treatment for large vessel occlusions (LVOs); however, considerable costs are associated with devices utilized in each procedure. We report our institution's experience with capitation pricing models negotiated with three different companies. Methods: We retrospectively reviewed a prospectively maintained database from February 2018 to August 2019 identifying cases performed under capitation models. We calculated the cost of equipment for each thrombectomy using the cost for individual devices utilized (virtual) and compared this sum to the total derived from cost-negotiated bundled equipment packages. This was compared with real-world cases that did not meet capitation criteria during this study period. Results: 107 cases met the criteria for capitation; 39 cases used company A's models (28 with stentrievers), 44 cases used company B's models (3 with stentrievers), and 24 cases used company C's models (14 with stentrievers). Overall, there was a net savings of $202 370.50 utilizing the capitated model ($689 435 vs $891 805.50), amounting to $1891.31 savings per case. Mean capitation was lower ($6972±2774) compared with virtual ($8794±4614) and real-world non-capitation costs ($7176±3672). Conclusion: The negotiated capitated pricing model yielded total cost savings associated with equipment from each company. Overall mean capitation costs were lower than virtual and real-world cases. This may serve as a model for other centers in controlling costs for patients undergoing MT for LVO. … (more)
- Is Part Of:
- Journal of neurointerventional surgery. Volume 12:Number 12(2020)
- Journal:
- Journal of neurointerventional surgery
- Issue:
- Volume 12:Number 12(2020)
- Issue Display:
- Volume 12, Issue 12 (2020)
- Year:
- 2020
- Volume:
- 12
- Issue:
- 12
- Issue Sort Value:
- 2020-0012-0012-0000
- Page Start:
- 1157
- Page End:
- 1160
- Publication Date:
- 2020-07-16
- Subjects:
- stroke -- thrombectomy -- catheter -- stent
Nervous system -- Surgery -- Periodicals
Cerebrovascular disease -- Surgery -- Periodicals
617.48 - Journal URLs:
- http://www.bmj.com/archive ↗
http://jnis.bmj.com/ ↗ - DOI:
- 10.1136/neurintsurg-2020-016160 ↗
- Languages:
- English
- ISSNs:
- 1759-8478
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
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- 17987.xml