2022 March 12
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Small implant with major savings potential.
Innovations in the health sector usually tend to first push costs higher. Some optimisation approaches of this kind only bring benefits after many years or even many decades of use. Not so with MAGNEZIX®: this innovation pays for itself very quickly.
The question all health insurance companies ask themselves: Is innovation affordable? The answer is clear: yes, THIS one is - and has even more benefits:
Estimates reveal that the savings alone from avoiding operations to remove material are worth up to several hundred million Euros in Germany alone. The macro-economic benefits of this new technology are therefore good news for everyone - patients, clinics, doctors and health insurance companies.
Leading health insurance companies in Germany recognized the advantages of the world's first approved metal implants, and are currently setting up pilot projects to determine the satisfaction of patients, doctors and insurance companies.
And in the international arena as well, politicians are endeavouring to use innovations to make their health services more efficient in the long term (for instance, Precision Medicine Initiative in the USA, Continuing Clinical Innovation Scheme in the United Kingdom).
Syntellix's current product portfolio is being continually expanded. The launching of new product lines will give rise to further palpable reductions in costs in future associated with orthopaedic surgery.
Conclusions: from the health insurance companies, employers' liability insurance schemes, army, or other funding agencies - we are here to help you reduce your costs!
We will be happy to put together a comprehensive package of information material for you, as well as present MAGNEZIX® to you personally.
The following facts and figures clearly highlight the savings potential available by using MAGNEZIX®.
Robert Koch-Institute (rki.de), Federal Health Report (gbe-bund.de), Federal Occupational Health and Safety Agency (baua.de), National Association of Statutory Health Insurance Funds (gkv-spitzenverband.de), InEK – Institute for Hospital Remuneration Systems (g-drg.de), Uniform Evaluation Scales (EBM) of the Association of Statutory Health Insurance Physicians, Osteosynthesis Working Group – Association for the Study of Internal Fixation (AO/AO-ASIF). As at 2014.
Of these at least 4,500,000 implants, 11.7 % had to be removed again, and the associated financial costs totaled:
Implant removal costs in Germany sum up to 1.095.000.000 Euro per year!
In addition, the removal of osteosynthesis implants are associated with considerable risks in part as revealed by various scientific investigations (in % of the investigated cases):
12 % - 40 %
5 % - 40 %
up to 9 %
up to 20 %
7 % - 20 %
Bostman O, Pihajamaki H. Routine implant removal after fracture surgery: a potentially reducible consumer of hospital resources in trauma units. J Trauma.1996;41:846-9
Minkowitz RB, Bhadsavle S, Walsh M, Egol KA. Removal of Painful Orthopaedic Implants After Fracture Union. J Bone Joint Durg AM. 2007;89:1906-1912
Hanson B, van der Werken C, Stengel . Surgeon‘s beliefs and perceptions about removal of orthopaedic implants. BMC Musculoskeletal Disorders 2008, 9:73