Responsible Business In The ‘Next Normal’

Such analysis doesn’t draw distinctions between expanded applications of present technologies and introduction of new applied sciences. Other researchers have sought to measure adjustments in the cost of treating certain sicknesses over time (2,12-14). Still others have used case research to analyze the impact of necessary technologies corresponding to intensive care units and computed tomography . First, new applied sciences do, on average, improve the quality of medical care by bettering well being outcomes. This is not true of every technology in every clinical use, but it is true on common.

Second, many new technologies are ineffective or redundant and do not enhance well being outcomes. The trouble is that it is not all the time easy to discriminate between efficient and ineffective applied sciences on the time they are launched.

Fineberg and others have additionally noted the excessive price of scientific chemistry exams and different little-ticket technologies. Scitovsky discovered that from 1971 to 1981 increases in the cost of ancillary companies slowed, however several new and expensive technologies raised costs substantially. Showstack et al. also discovered evidence that huge-ticket items, corresponding to intensive care unit administration of the critically unwell, brought on large …