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Medical Technology And Health Care Case Study

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• How does medical technology affect the health care cost in the US?
Medical technology has affected health care costs in several ways. Acquiring and using new medical technology is costly, its increased use will affect cost, and specialized health care providers are needed to administer the new technology1,2. Cost will also be influenced depending on the size or special accommodations needed to house the new equipment and maintenance of the new technology1,2. However, medical technology can also have an impact on reducing cost2. For example, computed tomography (CT) has significantly reduced the number of exploratory surgeries; leading to reduced costs and better patient outcomes. An additional benefit to technology is the increased life expectance of the US population2. Medical technology can both increase and decrease health care expenditures. The benefits of medical technology can be measured in extended life expectancy, improved patient outcomes, and overall cost and can be measured using the health technology assessment (HTA)1.

• What are the factors affecting the pharmaceutical industry that has caused an increase in the cost of …show more content…
The Food and Drug Administration was created to protect consumers. Several amendments later, the FDA is, among other responsibilities, now responsible for the review of new drugs3. Though, oversight by the FDA has been linked to the increased cost to the pharmaceutical industry1. Conversely, some of the increases in price can be attributed to Direct to Consumer Pharmaceutical Advertising (DTCPA), which has been as high as $5 billion in 20064. Interestingly, DTCPA sending increased after the FDA relaxed the rules on advertisement4. Like new technology, pharmaceutical costs are influenced by several factors wherein one recommendation for solution would not have a significant

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