Impact of Advances in Medical Technology on Health Care Costs

Term Paper , 2012 , 15 Pages , Grade: 98

Health - Public Health

The purpose of this paper is to examine the impact of advances in medical technology on health care costs in the United States. More specifically, this paper provides an overview of just some of the plethora of compelling evidence in the public forum, presented by experts in fields related to this topic which do in fact appear to show the correlation exists. An overview of the changes in health care related expenses and some of the advances in medical technology is also provided for background.

Health care costs in the United States continue to rise at alarming rates. As many citizens, politicians, physicians, government policy makers and others speculate as to the causes, some have theorized and studied the impact advances in medical technology have had on the rising costs. Findings are mixed across different articles but case studies by two experts provide some compelling evidence on this theory. One case study shows how medical technology can be part of a sometimes extended and wasteful treatment plan for patients, while the other shows how advanced medical technology can actually reduce treatment costs by preventing unnecessary and costly procedures.

Inhaltsverzeichnis (Table of Contents)

• Introduction
• Background
• Literature Review
• Case Studies
• Case Study 1
• Case Study 2
• Discussion and Future Directions
• Conclusions
• References

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This paper aims to explore the impact of advances in medical technology on healthcare costs in the United States. It analyzes evidence from experts in the field to examine the correlation between technological advancements and rising healthcare expenses. The paper also delves into public perception of medical technology and its role in escalating healthcare costs.

• The impact of medical technology on healthcare costs
• The correlation between technological advancements and rising healthcare expenses
• Public perception of medical technology and its influence on healthcare costs
• Case studies highlighting the potential benefits and drawbacks of advanced medical technology
• Future directions for research and exploration of this topic

Zusammenfassung der Kapitel (Chapter Summaries)

The paper begins by providing an overview of the increasing healthcare costs in the United States and discusses the role of medical technology in this trend. It then explores the literature on the topic and presents two case studies that showcase the potential impact of medical technology on treatment costs. One case study highlights how advanced technology can contribute to extended and wasteful treatment plans, while the other demonstrates how it can reduce costs by preventing unnecessary procedures.

The paper also discusses public perception of medical technology and its influence on healthcare costs. It concludes with a discussion of the findings from the literature review and suggests future directions for research and exploration of this topic.

Schlüsselwörter (Keywords)

This paper focuses on the impact of advances in medical technology on healthcare costs. Key terms and concepts include medical technology, healthcare costs, public perception, case studies, and future research directions.

• Course: Technological Entrepreneurship
• Grade: 98
• Author: Ed Malo (Author)
• Publication Year: 2012
• Pages: 15
• Catalog Number: V303800
• ISBN (eBook): 9783668021099
• ISBN (Book): 9783668021105
• Language: English
• Tags: impact, advances, medical, technology, health, care, costs