MEDICAL TECHNOLOGY RESPONSIBLE FOR 11-15% OF HEALTH CARE COST INCREASES
This article was originally published in The Gray Sheet
Executive Summary
MEDICAL TECHNOLOGY RESPONSIBLE FOR 11-15% OF HEALTH CARE COST INCREASES, according to two recently released studies commissioned by the Health Care Technology Institute (HCTI). Both studies, "Decomposition of the Health Care Spending Residual," written by Health Economics Research, Inc., and "Medical Technology and Rising Health Expenditures: A Review of the Evidence," by the Project HOPE Center for Health Affairs, conclude that technology contributes a relatively small amount to rising health care expenditures.