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#5- Why are Medical Devices so Expensive?! 3 + 1 REASONS to know why!

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Manage episode 363288281 series 3465164
Innhold levert av Rodney Moses. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Rodney Moses eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

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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:

  1. Cost of MRI machines (https://www.mripetctsource.com/mri-machine-cost-guide/?amp)
  2. Medical Bill bankruptcy in USA (https://www.retireguide.com/retirement-planning/risks/medical-bankruptcy-statistics/)
  3. Ethnic Pharmacokinetics
  4. Entry to Chinese market (https://www.emergobyul.com/services/china-medical-device-registration-and-approval)
  5. Cutting the middlemen (https://www.4sighthealth.com/why-cutting-out-the-middleman-can-reduce-healthcare-spending/)

Support the show

Follow or Connect with Rodney Moses:
Instagram | LinkedIn | YouTube |
Donations
Patreon | PayPal

  continue reading

46 episoder

Artwork
iconDel
 
Manage episode 363288281 series 3465164
Innhold levert av Rodney Moses. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Rodney Moses eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Send us a Message

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:

  1. Cost of MRI machines (https://www.mripetctsource.com/mri-machine-cost-guide/?amp)
  2. Medical Bill bankruptcy in USA (https://www.retireguide.com/retirement-planning/risks/medical-bankruptcy-statistics/)
  3. Ethnic Pharmacokinetics
  4. Entry to Chinese market (https://www.emergobyul.com/services/china-medical-device-registration-and-approval)
  5. Cutting the middlemen (https://www.4sighthealth.com/why-cutting-out-the-middleman-can-reduce-healthcare-spending/)

Support the show

Follow or Connect with Rodney Moses:
Instagram | LinkedIn | YouTube |
Donations
Patreon | PayPal

  continue reading

46 episoder

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