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AdvaMed
New Study Finds Slow Rate of Growth in Overall Medical Technology Prices
February 29th, 2008
AdvaMed, the Advanced Medical Technology Association, released an important new study that demonstrates the slow rate in growth in overall prices in the highly competitive medical technology sector. The study's author, Roland Guy King, former chief actuary for Medicare and Medicaid, and Gerald F. Donahoe, found that medical technology is a relatively small and constant share of total national health expenditures (NHE). "The report's findings are significant in light of recent comments by some suggesting policies to limit the diffusion of and access to advanced medical technology in response to cost pressures. Simply put, medical technology is part of...
Source: Health Business Week (2008-02-29)
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