MEDICAL TECHNOLOGY RESPONSIBLE FOR 11-15% OF HEALTH CARE COST INCREASES
This article was originally published in The Gray Sheet
Executive SummaryMEDICAL TECHNOLOGY RESPONSIBLE FOR 11-15% OF HEALTH CARE COST INCREASES, according to two recently released studies commissioned by the Health Care Technology Institute (HCTI). Both studies, "Decomposition of the Health Care Spending Residual," written by Health Economics Research, Inc., and "Medical Technology and Rising Health Expenditures: A Review of the Evidence," by the Project HOPE Center for Health Affairs, conclude that technology contributes a relatively small amount to rising health care expenditures.
You may also be interested in...
The European Court of Justice has confirmed the European Medicines Agency’s approach to disclosure of data submitted as part of a marketing authorization application. It is a big disappointment for industry, which nonetheless says it supports responsible data sharing and will support efforts to develop a balanced approach.
Dr Reddy’s sees its Indian domestic market and China as hot prospects as it pursues its “transformation journey” in which it is reducing its dependence on the slowing US market.