Hospitals Ramp Up Pressure On Medical-Device Prices

BOSTON (Dow Jones)–While hospitals grapple with the economic downturn and the potential effects of health-care reform, they are pushing their financial troubles onto big medical-device companies.

It’s having an effect, according to executives at Johnson & Johnson (JNJ), Boston Scientific Corp. (BSX) and St. Jude Medical Inc. (STJ), all of which have reported signs of mounting pressure. It is not a brand-new phenomenon, but it is one that may worsen as hospitals battle to control costs.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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