HPNonilne.com: Inside the March Issue -
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Published on: 1/31/2005
Last Visited: 1/31/2005
Alex Seifert, director surgery center systems, Arthrex, notes that the two main objectives of the C3 Program are to reduce costs associated with capital equipment and to reduce per procedure costs associated with using disposable and consumable items.
"What we learned in 2004 is that people are really looking at cost containment programs as a means of reaching their own financial objectives especially new construction facilities that don't have a lot of surgeries or existing facilities who may not be as profitable as they need to be or want to be," said Seifert.
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Only the disposable patient tube gets thrown away after each case, which Seifert notes not only saves money, but also saves the exchange time for turning over the pump tubing between cases.
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Seifert explains that instead of charging on a per-case basis, the Olympus contracts work more like an insurance policy, in which the facility is charged a one-time flat fee per scope and camera head that covers the item for the entire year.Seifert estimates that the program can provide a reduced price of as little as 1/20th the cost of standard service contracts."If the product breaks, it's already paid for, and a replacement product is sent within 24-48 hours," he said.