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Role of emerging technology in the era of cost containment
R Soetikno1, H S Young, E B Keeffe
1Department of Medicine, Stanford University School of Medicine, California, USA.
Abstract:
In this era of cost containment, new technologies will play the same role that they did before, improvement in the quality of care. Application of these new technologies in medical practice, however, will be scrutinized much more closely. The previous requirement of proving that a new technology is efficacious and safe will no longer be adequate. Physicians will be required to provide data that reflect the costs and overall effectiveness of the new technology. This article briefly discusses some key concepts of cost-effectiveness analysis.
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