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http://hdl.handle.net/10419/63658
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| Title: | | Adoption of new technologies and costs of health care  |
| Authors: | | Kulvik, Martti Linnosmaa, Ismo Hermans, Raine |
| Issue Date: | | 2006 |
| Series/Report no.: | | ETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 1037 |
| Abstract: | | New technological applications are usually expected to increase the health care costs. But they can also spawn cost savings in the long run, for example, when making time-consuming diagnostic methods more efficient and facilitating targeted therapy. This study analyses how the implementation of new technological applications in acute treatment affects the long-term cost structure of health care. The non-monetary utility is compared to cost-efficiency impacts of a new technology. A theoretical apparatus is constructed and utilized in two empirical cases: thrombolytic therapy for stroke, and Boron Neutron Capture Therapy (BNCT) on glioblastoma-type brain cancers. The empirical cases indicate how the monetary cost-efficiency of the new technologies can be related to the nonmonetary patient utility. |
| Subjects: | | technology, health care, costs |
| JEL: | | I11 L65 |
| Document Type: | | Working Paper |
| Appears in Collections: | | ETLA Discussion Papers, Research Institute of the Finnish Economy
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