PLYMOUTH MEETING, PA - ECRI Institute, an independent nonprofit organization that researches the best approaches to improving patient care, has announced the release of a completely enhanced database for its medical-surgical supply and implant procurement service, PriceGuide™.

With implant and medical-surgical supply costs rising for every hospital at an unsustainable pace, healthcare facilities nationwide use PriceGuide to benchmark prices paid for single-use consumables against the prices paid by other institutions. The medical-surgical supply database helps hospitals identify areas of immediate savings to make well-informed healthcare supply decisions.

Top of the list of PriceGuide's major enhancements is on-demand Spend Analyses. Spend Analyses, a macro-level view of spend by supplier and product category helps member hospitals zero in on areas with the greatest potential for savings. Within the enhanced database, Spend Analyses now generates reports automatically and changes dynamically as users maneuver their data.
Up from 200,000 unique disposable items, the enhanced PriceGuide database also includes twice as much data-more than 400,000 unique items. Other enhancements include:

- Simultaneous view of all data at both the healthcare system and hospital level
- Exportable standardized data and Spend Analyses graphs
- View of all price points paid for a particular item including details on bed size, annual usage, unit of measure, and overall spend with corresponding vendor
- Search capabilities by unique item number

"ECRI Institute continues to enhance PriceGuide to help hospitals identify areas of hard dollar savings with a minimum of effort," says Anthony Montagnolo, Executive Vice President and Chief Operating Officer, ECRI Institute. "Our real-world pricing data coupled with new, easy-to-use targeted savings reports will undoubtedly give our members the tools to reduce their supply spend, often without even changing suppliers."

For more information on the new PriceGuide database, contact priceguide@ecri.org, visit www.ecri.org/priceguide or contact ECRI Institute by telephone at +1 (610) 825-6000, ext. 5891; by fax at +1 (610) 834-1275; or by mail at 5200 Butler Pike, Plymouth Meeting, PA 19462.

About ECRI Institute
ECRI Institute (www.ecri.org), a nonprofit organization, dedicates itself to bringing the discipline of applied scientific research to healthcare to uncover the best approaches to improving patient care. As pioneers in this science for 40 years, ECRI Institute marries experience and independence with the objectivity of evidence-based research. ECRI Institute is designated a Collaborating Center of the World Health Organization and an Evidence-based Practice Center by the U.S. Agency for Healthcare Research and Quality.

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