healthcare economics
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How the healthcare system discourages creating low-cost solutions
The U.S. leads the world in creating new drugs and healthcare tech, but the system discourages inventors from creating cost-lowering technologies in favor of ones with a healthy return on investment, according to an article at the Journal of the American Medical Association. "In the United States, the surest way to generate a healthy return on investment is to increase health care spending, not reduce it," says the authors, from the Uniformed Services University of the Health Sciences and Yale School of Medicine.
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Singing A New Tune: Redefining Innovation In The Medical Device World
In the world of medical devices, innovation has traditionally been defined as the invention of a new device or a new technology that can be packaged into a device, expanding the number of possible medical procedures or at least replacing old ones with those that are new, improved and lemon-scented... Read More »
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