The healthcare industry and patients alike contend that cost alone shouldn’t be the only criteria in deciding the treatment options for patients. Research may help save costs in the short term but eventually in the long run the costs are going to escalate further as patients do not receive the right treatment for their medical condition. Decisions should be based on overall effectiveness of a drug, device or treatment rather than on cost alone. Imposition of cost constraints may lead to worse patients'' conditions and more importantly increases the healthcare costs in the long term.
Comparative effectiveness research needs to expand its focus to studies that encompass all aspects of the health care delivery system rather than just concentrating on drugs, biologics and devices. The research should include preventative services, emergency response and diagnostic tests to reflect the various components of the overall healthcare delivery system.
Scope
- Insights into the medical equipment industry in the US
- Analysis of government initiatives and incentives such as economic stimulus program as part of the healthcare reforms
- Review of key factors of the economic stimulus package and the effect on the US medical equipment industry
Reasons to buy
- Develop business strategies with the help of specific insights on key events within the medical equipment industry.
- Gain a strong understanding and analyze goverment initiatives in the US medical equipment industry
- Identify growth opportunities and possible challenges expected to emergy within the medical equipment industry in the US due to the government financial reforms
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