Search results
Results From The WOW.Com Content Network
For the fiscal year 2017, Intuitive Surgical reported earnings of US$660 million, with an annual revenue of US$3.129 billion, an increase of 15.7% over the previous fiscal cycle. Intuitive Surgical's shares traded at over $307 per share, and its market capitalization was valued at over US$58 billion in November 2018. [10]
Laparoscopy (from Ancient Greek λαπάρα (lapára) 'flank, side' and σκοπέω (skopéō) 'to see') is an operation performed in the abdomen or pelvis using small incisions (usually 0.5–1.5 cm) with the aid of a camera.
The system has a cost of $2 million which places it beyond the reach of many institutions. [ 9 ] The manufacturer of the system, Intuitive Surgical, has been criticized [ 10 ] for short-cutting FDA approval by a process known as 510(k) premarket notification instead of entering the market through a more stringent premarket approval process.
The U.S. government intervenes less actively to force down prices in the United States than in other countries. Stanford economist Victor Fuchs wrote in 2014: "If we turn the question around and ask why healthcare costs so much less in other high-income countries, the answer nearly always points to a larger, stronger role for government.
While appendectomy is a standard surgical procedure, its cost has been found to vary considerably in the United States. A 2012 study analyzed 2009 data from nearly 20,000 adult patients treated for appendicitis in California hospitals.
Littleton says that back then, endometriosis “would have been extremely difficult to diagnose” because it required ultrasound and laparoscopy devices, which weren’t routinely used in the 1970s.
Gastric banding is performed using laparoscopic surgery and usually results in a ... Adjustable gastric-band surgery costs about $15,000 in the United States ...
In the United States, the political system creates many "choke points" for diverse interest groups to block or modify government's role in these areas." [57] In December 2011, the outgoing Administrator of the Centers for Medicare & Medicaid Services, Dr. Donald Berwick, asserted that 20% to 30% of health care spending is waste. He listed five ...