Seeking Alpha

Intuitive Surgical (ISRG -2.7%) takes a hit on comments posted by American Congress of OB/GYN...

Intuitive Surgical (ISRG -2.7%) takes a hit on comments posted by American Congress of OB/GYN president James T. Breeden, MD, saying that he doesn't see robotic surgery as the most cost-efficient procedure for hysterectomies, and that expensive technology for routine surgical care does not improve patient outcomes. Consequently, there is no good data proving that robotic hysterectomy is even as good as — let alone better— than existing, and far less costly, minimally invasive alternatives.
From other sites
Comments (4)
  • Charlieboy Stevens
    , contributor
    Comments (85) | Send Message
    Any dummy knows that a minimally invasive operation is far superior to cutting wide open part of one's body. That my friends is a critical difference in favor of robotic surgery by ISRG. Charles Stevens
    14 Mar 2013, 03:16 PM Reply Like
  • dextrim
    , contributor
    Comments (2) | Send Message
    Laparoscopic surgery is robotic surgery, and has been around for years. In fact, robotic surgery requires larger incisions, and more of them compared to laparoscopic surgery. Intuitive does nothing more than increase costs to the system. Yes, it's cool, and surgeons prefer it because it's cool and they get to sit down. Yet, there is no evidence that robotic surgery is better. Every piece of independent data study states this, yet those who still continually want to compare robotics to open surgery is missing the big picture...laparoscopy. Eventually, surgeons will be measured on efficiency. In other words, hospitals and surgeons will enter into a profit share business agreement. Hospitals will receive a lump sum payment for procedure. For arguments sake, let's use a round number such as 10k. If it's a 70/30 split, the surgeon would receive 3k while hospital receives 7k. If a surgeon chooses to use a device that pushes the procedural cost higher, then that surgeons fee would decrease because surgeon is decreasing profit margin. This move is coming because it's the only way hospitals will survive. The current system allows doc to use whatever he wants, no matter the cost, and hospitals are the only ones losing profit. Look at surgeon owned surgery centers, there you will find efficiency medicine practiced.
    14 Mar 2013, 06:05 PM Reply Like
  • Charlieboy Stevens
    , contributor
    Comments (85) | Send Message
    Robotic surgery is always better because of its fast and small adversity while operating and in recovery. Lets not be too dumb here. That is why I own several shares of ISRG which produces the da vinci robotic operating machine which are now being produced by ohers because of their relevene to a quick recovery. Buy ISRG. Charieboy Stevens
    15 Mar 2013, 01:17 PM Reply Like
  • Seanb23
    , contributor
    Comment (1) | Send Message
    The truth...

    17 Mar 2013, 01:02 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs