Buying Medical Technology in the Dark

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Excerpt from Buying Medical Technology in the Dark: How National Health Reform Can Turn on the Lights and Promote Technology Innovation and Cost Savings: Hearing Before the Subcommittee on Regulation, Business Opportunities, and Technology of the Committee on Small Business, House of Representatives, One Hundred Third Congress, First Session, Washington, DC, October 21, 1993Unfortunately, most medical technology is now being purchased in the dark. Americans can obtain detailed information about a breakfast cereal before they buy it, but our Nation's largest health buyers can rarely find good information comparing the merits of a new medical technology to currently available products.As we will see this morning, this lack of comparative information permits questionable medical technologies to be widely used for years before their performance record catches up with them. This medical technology information gap has produced two problems.First, patients can be needless] harmed when safer technologies are replaced by inferior ones, and' second, vast sums of money are wasted on costly technologies when others would accomplish the same result for less. Every single one of the major health reform proposals now before the Congress gives short shrift to the medical technology information gap.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.