Showing 1 - 10 of 1,232
Measuring the lifetime costs and benefits of medical technologies is essential in evaluating technological change and determining the productivity of medical care. Using data on Medicare beneficiaries with a heart attack in the late 1980s and 17 years of follow up data, I evaluate the long-term...
Persistent link: https://www.econbiz.de/10012465168
Many questions about technology growth and development in health care call for a broad-based characterization of … technology availability. In this paper, we explore the possibility of producing aggregated estimates of technology availability … by constructing an index of technology availability in hospitals. Our index is based on the number of services provided …
Persistent link: https://www.econbiz.de/10012471917
We evaluate the costs and benefits of increased medical spending for low birth weight infants. Lifetime spending on low birth weight babies increased by roughly $40,000 per birth between 1950 and 1990. The health improvements resulting from this have been substantial. Infant mortality rates fell...
Persistent link: https://www.econbiz.de/10012471395
We analyze the effect of a decision support tool designed to help physicians detect and correct medical "missteps". The … data comes from a randomized trial of the technology on a population of commercial HMO patients. The key findings are that … the new information technology lowers average charges by 6% relative to the control group. This reduction in resource …
Persistent link: https://www.econbiz.de/10012465153
There is little empirical evidence to explain why disability declined among the elderly over the past 20 years. In this paper, we explore the role of improved medical care for cardiovascular disease on health status improvements over time. We show that the incidence of cardiovascular disease...
Persistent link: https://www.econbiz.de/10012466484
It is generally assumed that managed care has been successful at capturing discounts from medical providers, but the implications have been a matter of debate. Critics argue that managed care organizations attain savings by reducing intensity of services, while others have argued that savings...
Persistent link: https://www.econbiz.de/10012468316
on physicians, we generally find a significant reduction in total spending as well. In analyzing the sources of hospital … with high managed care enrollment were technology leaders in the early 1980s; by the early 1990s those states were only …
Persistent link: https://www.econbiz.de/10012472673
In the United States, health care technology has contributed to rising survival rates, yet health care spending … behavior to explain these parallel trends in technology growth and cost growth. We show that health care productivity depends … technology productivity: (I) highly cost-effective "home run" innovations with little chance of overuse, such as anti …
Persistent link: https://www.econbiz.de/10012461704
We draw upon newly merged administrative data sets to study the relationship between payments from medical technology … firms to physicians and medical device procurement by hospitals. These payments (and the interactions that accompany them …) may facilitate the transfer of valuable information to and from physicians. However, they may also influence physicians …
Persistent link: https://www.econbiz.de/10012794611
While Artificial Intelligence (AI) algorithms have achieved performance levels comparable to human experts on various predictive tasks, human experts can still access valuable contextual information not yet incorporated into AI predictions. Humans assisted by AI predictions could outperform both...
Persistent link: https://www.econbiz.de/10014322809