This study examines healthcare providers' understanding of the costs associated with implantable medical devices (IMDs)
in orthopaedic surgery. A questionnaire was administered to orthopaedic surgeons and residents to assess their comfort
level and understanding of IMD costs. Responses were used to estimate the costs of 26 commonly used orthopaedic
devices, with a response rate of 54% achieved from 102 surgeons. The study found that over 2.2% of respondents rated
their knowledge of IMD costs as poor. On average, respondents' estimations had a mean percentage error of 70%, with
68% underestimations and 34% overestimations. Residents exhibited a higher average percentage error (74%) compared to
attending surgeons (60%). Furthermore, accuracy varied depending on the specific IMD being estimated. Overall, both
residents and attending surgeons demonstrated inadequate knowledge of orthopaedic IMD costs, highlighting the need for
improved healthcare cost control strategies and further exploration of physicians' conceptualization of material costsddd |