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Cost Benefit Analysis of Technology Use in Healthcare

by | Mar 26

Are we better off today as technology, broadly defined, has become the centerpiece of our healthcare system? Consider both clinicaloutcomes as well as the associated costs. Will computers and new technologyimprove efficiency and reduce costs, will they improve quality and raise costs, or will they accomplish all three–improve efficiency, improve quality and reduce costs? Explain your rationale.

The value of technology in health care is controversial and this piece will offer a different perspective than the more obvious viewpoints. There may be over-confidence in outcome or results with use of technology. One could search studies in mammograms and the ongoing controversy with the need for more or less preventive screening. Some argue that the mere test may provoke cancer. Some have wondered if too much ultrasound in prenatal care is safe for a developing fetus. Then there are the issues like nature and nurture with some getting valuable results from technological screening and others having a negative response.

Another hot point of consideration is the speed and use of information, nearly impossible without technology. Who has access to all that information?! There are supposed to be safeguards in place and a trail to see that not ever medical staff personnel can get into a patient’s record. In the United States, HIPAA is supposed to help protect the consumer from …

This solution discusses the value and disadvantages of using technology in medicine.

  

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