In order to prevent the vast discrepancies of costs involved in the IVD sector, a price cap regulation is recommended to ensure, that the prices do not exceed the Maximum Retail Price (MRP) and the floor price efficiently utilize the limited budget while shielding the service providers from losses.
Need of Cost Optimization in Health Sector Medical Laboratories
In order to prevent the vast discrepancies of costs involved in the IVD sector, a price cap regulation is recommended to ensure, that the prices do not exceed the Maximum Retail Price (MRP) and the floor price efficiently utilize the limited budget while shielding the service providers from losses.
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