Impact of Advances in Medical Technology on Health Care Costs

Nonfiction, Health & Well Being, Medical, Reference, Public Health
Cover of the book Impact of Advances in Medical Technology on Health Care Costs by Ed Malo, GRIN Verlag
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Author: Ed Malo ISBN: 9783668021099
Publisher: GRIN Verlag Publication: July 23, 2015
Imprint: GRIN Verlag Language: English
Author: Ed Malo
ISBN: 9783668021099
Publisher: GRIN Verlag
Publication: July 23, 2015
Imprint: GRIN Verlag
Language: English

Seminar paper from the year 2012 in the subject Medicine - Public Health, grade: 98, , course: Technological Entrepreneurship, language: English, abstract: The purpose of this paper is to examine the impact of advances in medical technology on health care costs in the United States. More specifically, this paper provides an overview of just some of the plethora of compelling evidence in the public forum, presented by experts in fields related to this topic which do in fact appear to show the correlation exists. An overview of the changes in health care related expenses and some of the advances in medical technology is also provided for background. Health care costs in the United States continue to rise at alarming rates. As many citizens, politicians, physicians, government policy makers and others speculate as to the causes, some have theorized and studied the impact advances in medical technology have had on the rising costs. Findings are mixed across different articles but case studies by two experts provide some compelling evidence on this theory. One case study shows how medical technology can be part of a sometimes extended and wasteful treatment plan for patients, while the other shows how advanced medical technology can actually reduce treatment costs by preventing unnecessary and costly procedures.

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Seminar paper from the year 2012 in the subject Medicine - Public Health, grade: 98, , course: Technological Entrepreneurship, language: English, abstract: The purpose of this paper is to examine the impact of advances in medical technology on health care costs in the United States. More specifically, this paper provides an overview of just some of the plethora of compelling evidence in the public forum, presented by experts in fields related to this topic which do in fact appear to show the correlation exists. An overview of the changes in health care related expenses and some of the advances in medical technology is also provided for background. Health care costs in the United States continue to rise at alarming rates. As many citizens, politicians, physicians, government policy makers and others speculate as to the causes, some have theorized and studied the impact advances in medical technology have had on the rising costs. Findings are mixed across different articles but case studies by two experts provide some compelling evidence on this theory. One case study shows how medical technology can be part of a sometimes extended and wasteful treatment plan for patients, while the other shows how advanced medical technology can actually reduce treatment costs by preventing unnecessary and costly procedures.

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