I read a story today in a Minnesota paper about how the state’s formerly booming medical technology industry is slowing to a crawl. Here’s the premise: The medtech industry, long a driver of much business in the region, is now facing third party payers (insurers and Medicare alike) who are now balking at paying for [...]
Reading recent interpretations of “Value-Based Purchasing for Medical Devices“, it is not surprising to see, once again, the conclusion that medical technology is a significant source of rising healthcare costs. We all need to think outside envelope, though. Medical technology drives costs but also provides solutions we cannot resist. The tendency of healthcare cost analyses [...]
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