Overspending millions on purchases based on physician preference?

ECRI Institute, a non-profit patient care research organization, has released a report criticizing the millions of dollars spent on physician preference items, medical supplies ordered primarily because they are preferred by the medical staff. "In order to attain the savings associated with acquisition of physician preference items, hospital leaders need to win the cooperation of the physicians through an evidence-based, value-focused process," said said ECRI COO Anthony Montagnolo in a statement.