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#5- Why are Medical Devices so Expensive?! 3 + 1 REASONS to know why!
Manage episode 363288281 series 3465164
Rodney Moses द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Rodney Moses या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Medical devices are really expensive! With some MRI scans costing over 1 Million US Dollars. 67% of bankruptcies in the USA are caused by medical bills. In today’s episode, Rodney talks about what affects the price of these medical devices, which also impacts overall healthcare costs.
Timestamps
(03:03) Introduction
(03:10) Regulations
(05:14) Research & Development
(07:38) Medical device classification
(08:47) Marketing and Distribution
(10:55) Entry to the Chinese Market
(11:22) Factors affecting drug performance
(12:22) Medical device distribution in USA
(14:46) Manufacturing and Maintenance of medical devices
(16:58) Conclusion
(18:00) Episode Summary
Interesting points to Read:
- Cost of MRI machines (https://www.mripetctsource.com/mri-machine-cost-guide/?amp)
- Medical Bill bankruptcy in USA (https://www.retireguide.com/retirement-planning/risks/medical-bankruptcy-statistics/)
- Ethnic Pharmacokinetics
- Entry to Chinese market (https://www.emergobyul.com/services/china-medical-device-registration-and-approval)
- Cutting the middlemen (https://www.4sighthealth.com/why-cutting-out-the-middleman-can-reduce-healthcare-spending/)
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