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Average Price Trends for Implantable Medical Devices, 2011-2015

doctor examines implantable device with tweezers

This study examines empirical evidence on reported average price trends for several major categories of implantable medical devices (IMDs) over the period 2011 through 2015.

It updates a prior analysis of average pricing trends in the same categories of IMDs over the period 2007 through 2011, which found a decline in inflation-adjusted average prices paid by sampled hospitals (using the medical care CPI) ranged from 17 to 34 percent, depending on the device category.

This study finds that the reported average price paid by hospitals for each type of implantable medical device studied continued to decline during the 2011-2015 period, both on a nominal and inflation-adjusted basis.