BLOOMFIELD HILLS, MICH.(heraldonline.com) — Citing an example of how its “rep-less” model helps hospitals with the bottom line, Michigan-based medical device manufacturing company, Royal
Oak Medical Devices (ROMD), has announced that hospitals employing the ROMD system are saving tens of thousands and in some cases more than $100,000 in less than one year of use.
The company recently announced that its uniquely “rep-less” and cost-saving model for directly providing high quality, US made surgical tools and devices is now available nationally. Giving the system a try, one surgeon in Illinois, for example, has adapted the concept and is already reaping the fiscal benefits for his hospital, saving approximately $88,000 in the first six months alone.
Among the greatest concerns in the orthopedic specialty today is the issue of balancing costs and reimbursements. Based on recent industry studies, there is a keen desire among the majority of practicing orthopedic surgeons to find a cost-saving alternative that allows access to state of the art products without suffering premium costs.
ROMD specifically addresses the evolving cost-, quality-, and accessibility-related needs of surgeons, hospitals and clinical surgery centers today. Its innovative business model is designed to create a genuine partnership with every hospital and surgical center with which it works – resulting in the best possible patient care at greatly reduced costs.
Additionally, removing an unnecessary person from the operating room can reduce the chances of infection as well as removing other liability issues for the hospital.
ROMD manufactures and distributes high quality, US made orthopedic spinal implants and instruments at prices 40% – 70% less than what have previously been considered the “lowest” nationally contracted price points. This is possible due to the company’s vertical integration with its parent manufacturing company, building upon 30 years of high quality precision manufacturing experience. All implants are made on-site in ROMD’s Michigan facilities, known for their track record of excellence for precision and safety and an emphasis on precision quality and home-grown cost savings.
Royal Oak works directly with its customers, cutting out the need for sales reps and associated fees.
For more information about Royal Oak Medical Devices, visit www.royaloakmed.com.
Media: For product photos, additional information or to arrange an interview with a Royal Oak Medical Devices spokesperson or surgeon who has worked with the products, contact Paul Williams via paul@medialinecommunications.com or 310/569-0023.
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