The central government may soon start “collective bargaining” for medical devices that are used by hospitals for procedures covered under its flagship Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY).
The idea is to procure essential medical devices such as cardiac stents at a lower cost and put them on the Government e-Marketplace (GeM), from where the empanelled hospitals can buy.
At present, PMJAY does not have any system of centralised procurement of medicines or devices. The scheme has a defined annual benefit cover of Rs 5 lakh per family for hospitalisation. It follows an insurance model and aims to cover 10