SeraSeal Cost Savings
The rise of health care cost has been steadily rising. Stemming this growth has become a major policy priority, as the government, employers, and consumers increasingly struggle to keep up with health care costs.
SeraSeal®, unlike other hemostatic agents, does not deplete the budgetary funds but adds back other expenditures, allowing more patients to be treated on the same budget.
Examples
Cost Savings Examples: (in U.S. Dollars)
Assume the following:
| Operating Theater | $10 / minute |
| Anesthesia | $5 / minute |
| Blood | $100 / unit |
| Pain medication | $2 / pill |
| Hospital room | $50 / day |
Example I – Mastectomy
| STANDARD | SAVINGS | ||
| OR | 60 minutes | 15 minutes | $150.00 |
| Anesthesia | 60 minutes | 15 minutes | $75.00 |
| Units | 0 | 0 Units | 0 |
| Medication | 15 pills | 3 pills | $6.00 |
| Hospital Room | 4 days | 1 day | $50.00 |
| Sub Total | $281.00 | ||
| SeraSeal Cost | $65 [ 1 ml ] | ||
| Total Savings | $216.00 | ||
Numbers presented are quite conservative. Nevertheless, they represent substantial savings to the patient, hospital or government for each surgical case.
Example II – Hip Replacement
| STANDARD | SAVINGS | ||
| OR | 120 minutes | 30 minutes | $300.00 |
| Anesthesia | 120 minutes | 30 minutes | $150.00 |
| Units | 2-3 | 1 Units | $100.00 |
| Medication | 21 pills | 3 pills | $6.00 |
| Hospital Room | 21 days | 1 day | $50.00 |
| Sub Total | $606.00 | ||
| SeraSeal Cost | $130 [ 2 ml ] | ||
| Total Savings | $476.00 | ||
Numbers presented are quite conservative. Nevertheless, they represent substantial savings to the patient, hospital or government for each surgical case.
Example III – Femoral Popliteal Bypass
| STANDARD | SAVINGS | ||
| OR | 180 minutes | 60 minutes | $600.00 |
| Anesthesia | 180 minutes | 60 minutes | $300.00 |
| Units | 2-3 | 2 Units | $200.00 |
| Medication | 15 pills | 3 pills | $6.00 |
| Hospital Room | 5 days | 1 day | $50.00 |
| Sub Total | $1156.00 | ||
| SeraSeal Cost | $130 [ 1 ml ] | ||
| Total Savings | $1026.00 | ||
Numbers presented are quite conservative. Nevertheless, they represent substantial savings to the patient, hospital or government for each surgical case.