The New York Times explored the “sticky pricing” of joint replacement surgeries in America compared with those performed in other developed nations. In economics, “sticky” refers to pricing that resists change — a relevant phenomenon in American healthcare, according to the article. The list price for a total hip implant increased by nearly 300 percent from 1998 to 2011. Rather than dropping, implant prices are sticky by remaining high or increasing over time.
Read the full report on Becker’s Hospital Review.
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