Orthopaedic Implants, Hips, Knees, Revisions and Extremities
The main objective of this framework has been to introduce competition into the marketplace and allow suppliers to submit bids for various “value of business” bands.
Benefits of the contract
- Lower pricing for all LPP members
- Banding works by comparing the value of business at the base price band 1 and then extrapolating the discount based on the value of this across trusts
- Working with trusts to review their current profile and maximise the benefits available through standardisation and rationalisation
- Framework available to all LPP members
This framework covers all areas of Elective Orthopaedics including Hips, Knees, Shoulders, Wrists, Elbows, Ankles and Hemiarthroplasty.
Smith & Nephew