The Changing Economics of Medical Technology

The Changing Economics of Medical Technology PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 030904491X
Category : Medical
Languages : en
Pages : 225

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Book Description
Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.

The Changing Economics of Medical Technology

The Changing Economics of Medical Technology PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 030904491X
Category : Medical
Languages : en
Pages : 225

Get Book

Book Description
Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.

The Changing Economics of Medical Technology

The Changing Economics of Medical Technology PDF Author:
Publisher:
ISBN:
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Languages : en
Pages :

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The Economics of Medical Technology

The Economics of Medical Technology PDF Author: Frans F.H. Rutten
Publisher: Springer Science & Business Media
ISBN: 3642727859
Category : Medical
Languages : en
Pages : 140

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Book Description
Technological development has created major possibilities for the treatment of disease and for the disabled. The cost of new technologies has added considerably to health care cost intlation, which still exceeds the growth rates of most national economies. The share of national resources devoted to health care is still rising, although at a lesser pace than in the seventies. -Therefore, the use of medical technology confronts us with some of the major dilemmas in society today. The routine and intensive use of technology has transformed the most basic interpersonal and social features of medicine. It has altered the means through which patient and doctor communicate about illness as well as the content of this communication, changed the doctor's relationship to medical colleagues by increasing his dependence on them, altered the place and form of practice by creating advantages for the centralization of medical care in complex organizations, and created for society new responsibilities and powers to influence the context and scope of medical practice.

Technology and Health Care in an Era of Limits

Technology and Health Care in an Era of Limits PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309046955
Category : Medical
Languages : en
Pages : 296

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Book Description
The U.S. health care system is in a state of flux, and changes currently under way seem capable of exerting sizable effects on medical innovation. This volume explores how the rapid transition to managed care might affect the rate and direction of medical innovation. The experience with technological change in medicine in other nations whose health care systems have "single-payer" characteristics is thoroughly examined. Technology and Health Care in an Era of Limits examines how financing and care delivery strategies affect the decisions made by hospital administrators and physicians to adopt medical technologies. It also considers the patient's stake in the changing health care economy and the need for a stronger independent contribution of patients to the choice of technology used in their care. Finally, the volume explores the impact of changes in the demand for medical technology in pharmaceutical, medical device, and surgical procedure innovation.

The Economics of New Health Technologies

The Economics of New Health Technologies PDF Author: Joan Costa-Font
Publisher: Oxford University Press
ISBN: 0199550689
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Technological change in healthcare has led to huge improvements in health services and the health status of populations. Although offering remarkable benefits, these changes often entail significant financial, physical and social risks. This book analyses the impact of advances in medical technology from an economic perspective.

Adopting New Medical Technology

Adopting New Medical Technology PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309050359
Category : Medical
Languages : en
Pages : 241

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Book Description
What information and decision-making processes determine how and whether an experimental medical technology becomes accepted and used? Adopting New Medical Technology reviews the strengths and weaknesses of present coverage and adoption practices, highlights opportunities for improving both the decision-making processes and the underlying information base, and considers approaches to instituting a much-needed increase in financial support for evaluative research. Essays explore the nature of technological change; the use of technology assessment in decisions by health care providers and federal, for-profit, and not-for-profit payers; the role of the courts in determining benefits coverage; strengthening the connections between evaluative research and coverage decision-making; manufacturers' responses to the increased demand for outcomes research; and the implications of health care reform for technology policy.

Medical Innovation in the Changing Healthcare Marketplace

Medical Innovation in the Changing Healthcare Marketplace PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 9780309183017
Category : Medical
Languages : en
Pages : 92

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Book Description
A wave of new health care innovation and growing demand for health care, coupled with uncertain productivity improvements, could severely challenge efforts to control future health care costs. A committee of the National Research Council and the Institute of Medicine organized a conference to examine key health care trends and their impact on medical innovation. The conference addressed the following question: In an environment of renewed concern about rising health care costs, where can public policy stimulate or remove disincentives to the development, adoption and diffusion of high-value innovation in diagnostics, therapeutics, and devices?

The Economics of Medical Technology

The Economics of Medical Technology PDF Author: Kristian Bolin
Publisher: Emerald Group Publishing
ISBN: 1781901287
Category : Health & Fitness
Languages : en
Pages : 211

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Book Description
Includes various aspects of the process of treating disease (such as pharmaceuticals, medical devices, and surgical procedures) is important for individual health and, consequently, also for general welfare. This title provides theoretical and empirical evidence about the market for medical technology.

Innovation and Invention in Medical Devices

Innovation and Invention in Medical Devices PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309183200
Category : Medical
Languages : en
Pages : 112

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Book Description
The objective of the workshop that is the subject of this summary report was to present the challenges and opportunities for medical devices as perceived by the key stakeholders in the field. The agenda, and hence the summaries of the presentations that were made in the workshop and which are presented in this summary report, was organized to first examine the nature of innovation in the field and the social and economic infrastructure that supports such innovation. The next objective was to identify and discuss the greatest unmet clinical needs, with a futuristic view of technologies that might meet those needs. And finally, consideration was given to the barriers to the application of new technologies to meet clinical needs.

Uncertain Times

Uncertain Times PDF Author: Peter J. Hammer
Publisher: Duke University Press
ISBN: 9780822332480
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
DIVA new look at Kenneth Arrow’s classic study of the economics of health care: is his formulation still relevant 40 years later?/div