Does price labelling result in sustained cost awareness?

Author:

Banerjee Tanya SreetaORCID,Chambers Naomi

Abstract

IntroductionPressures on the National Health Service require improvement in quality of care on a reducing budget. Acute trusts spend £6 billion on procurement, an area highlighted in the Carter Report with the potential for up to £2 billion in efficiency savings. Meanwhile, cost awareness of products among clinicians is poor.Case studyA survey of 20 ENT (ear, nose and throat) theatre doctors and nurses was carried out in a North West district general hospital to gauge the level of cost awareness in 2011. This was followed by a 2-month period of price labelling of selected products. A follow-up survey in 2017 looked at any sustained effect of awareness.ResultsWhile individual product prices were not recalled, awareness of price differences and specific expensive items was sustained in 75% of respondents, with influence on product choice also dependent on evidence base and clinical outcome. The remaining 25% included new staff employed post initial survey in 2011.ConclusionA combination of price labelling with education and a clinical evidence base has potential for efficiency savings. Clinicians willingly participate in product selection when shown that change will lower cost and leave patient outcome unaffected or improved.

Publisher

BMJ

Subject

Strategy and Management,Health Policy,Leadership and Management

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