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Friday, Feb 3
2012, 7:51 AM
A new government report shines a bright spotlight on the pricing of high-priced medical devices...
A new government report shines a bright spotlight on the pricing of high-priced medical devices with cost variance ranging as much as 50% across different hospitals for the purchases of the same products. The GAO report raises "serious concerns" over the prices hospitals and Medicare pay for medical devices, as well as stoking up Congressional backlash on the issue. Companies that could be impacted by pricing reform include MDT, BAX, COV, SYK, TMO, ISRG, BDX, STJ, EW, BSX, BCR, VAR.