2020-12-18 16:25 By: Xinhua
FUZHOU, Dec. 17 (Xinhua) Coronary stents, used to treat coronary heart disease, were once priced at about 13,000 yuan (1,989 U.S. dollars) each in China. Now they are expected to cost patients only 700 yuan on average.
The massive price slash ensued from the initial round of the Chinese government s centralized procurement program for high-value medical consumables in early November.
The program, which aims to bring down the pricing by large-scale purchasing and squeezing out multiple layers of agent middlemen, owes its origin to Sanming, an industrial city with a permanent population of 2.6 million in east China s Fujian Province.
2020-12-18 02:11:15 GMT2020-12-18 10:11:15(Beijing Time) Xinhua English
Coronary stents, used to treat coronary heart disease, were once priced at about 13,000 yuan (1,989 U.S. dollars) each in China. Now they are expected to cost patients only 700 yuan on average.
The massive price slash ensued from the initial round of the Chinese government s centralized procurement program for high-value medical consumables in early November.
The program, which aims to bring down the pricing by large-scale purchasing and squeezing out multiple layers of agent middlemen, owes its origin to Sanming, an industrial city with a permanent population of 2.6 million in east China s Fujian Province.
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