Evaluating New Technology
Paul J Carniol1, Ryan N Heffelfinger2, Lisa D Grunebaum3
1Facial Plastic Surgery, Department of Otolaryngology Head and Neck Surgery, Rutgers New Jersey Medical School, 33 Overlook Road, Summit, NJ 07901, USA.
Abstract:
There are multiple complex issues to consider when evaluating any new technology. First evaluate the efficacy of the device. Then considering your patient population decide whether this technology brings an added benefit to your patients. If it meets these 2 criteria, then proceed to the financial analysis of acquiring this technology. The complete financial analysis has several important components that include but are not limited to cost, value, alternatives, return on investment, and associated marketing expense.
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