Technological innovations in medicine can help treat illness and improve health, but they also drive healthcare spending higher.
Technological innovations in medicine can help treat illness and improve health, but they also drive healthcare spending higher. In fact, medical technologies outweigh other factors that contribute to spending, including an aging population, increased public demand, and reduced efficiency.
Former Commonwealth Fund Harkness Fellow Bjorn Hofmann argues for more thoughtful and responsible implementation of health technology. Because technological advances can result in increased diagnostic accuracy, more conditions are detected and treated. This in turn leads to a perception of success, which then stimulates additional innovation.
Read more at The Commonwealth Fund: http://bit.ly/1HY2H9j
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