Which pricing strategy revolutionized the medical device industry in the 2010s by tying payment to patient outcomes rather than equipment costs?

The medical device industry has undergone significant changes in pricing strategies over the years. From traditional cost-plus models to value-based pricing, healthcare providers and patients have experienced various approaches to medical technology pricing. This trivia question focuses on a significant shift that changed how hospitals purchase critical life-saving equipment. Test your knowledge about this important evolution in healthcare economics!

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