India: Govt negotiates reasonable procurement prices for expensive medical devices

15 Dec 19: In a bid to make healthcare delivery more cost-effective under Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-PMJAY), the government is negotiating lower procurement prices of medical devices and implants with the industry through Government e-Marketplace (GeM). The government is in conversation with the industry to ease out prices so that the PMJAY scheme can prove to be cost-effective for the government and more beneficial for the patients.