ECRI Institute has launched its S+ Market Analytics tool, the latest enhancement to ECRI Institute’s SELECTplus health care technology advisory service. The new price benchmarking and trending database provides at-a-glance market intelligence to help hospitals and health systems select and procure the best capital equipment for their needs. It also includes unlimited consultation with ECRI Institute’s staff of technology analysts, biomedical engineers, clinicians, and researchers.

The S+ Market Analytics offers health care organizations information on purchasing trends, prices paid, and market share based on data submitted by SELECT member hospitals. The system offers charts and data sets detailing market intelligence such as member interest graphs and trends; the most popular models and manufacturers; pricing and discount trends; configuration analyses and line item price benchmarking; and benchmarking of service contracts.