Technology in the today’s health care industry is constantly evolving. …show more content…
have faced drastic price increases as well. Because health care is continuously driven by new technology, health facilities are dependent on information software. Without it, hospitals, clinics and other health facilities would not be able to run properly.
There are very few things in the health care industry that are not affected by technological advancements. According to the Kaiser Family Foundation, medical technology “can be used to refer to the procedures, equipment, and processes by which medical care is delivered (Lipschits, D. 2007.).” Examples of technological improvements would be new support systems, such as telemedicine and electronic medical records (EMR), drugs, such as biological agents, surgical/medical procedures, such as joint replacement and angioplasty and medical devices such as defibrillators and CT …show more content…
The over-utilization of medical technology has played a crucial role in health spending over the past decade. In 2008, The National Priorities Partnership addressed the problem of overuse in hopes of improving the problem. This problem is caused by the fee-for-service (FFS) system. The FFS payment system incentivizes the over-utilization of both services and technology by depending reimbursements entirely on the amount of care that is provided. The only way to fix this problem is to change the incentives on reimbursement by provided services with honest