Spending to Save

The promise of novel technology platforms employed to improve operational efficiency and cut costs for healthcare delivery

Published: 9 Sep 2015

Spending on medical technologies is often cited as the prime reason for the per capita cost of healthcare in the United States exceeding that of all other developed nations. Moreover, by correlating that spending to a comparative lower overall life expectancy than that of most other nations, it is perceived that the United States is deriving diminished value for its money. However, as a large number of lives are lost in various accidents as well, many experts have moved away from equating the quality of country's healthcare system with its overall life expectancy statistics. When considering the true effectiveness of providing care for an individual based on diagnosed chronic conditions, outcomes and longevity are more favorable to the US healthcare system.

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