The Impact Of Medical Technology On Healthcare

as defensive medicine practice, new technology, malpractice lawsuit and the uninsured. New technology is the biggest factor of the rising cost of healthcare to treated patient of their illness. New technologies have seemed to be the driving force of high healthcare cost in America. The technology accounts for 38 to 65 percent of healthcare spending in America (Johnson, 2011). The annual spending of health care increased from 75 billion in 1970 to 2.0 trillion in 2005 and is estimated to reach 4.0 trillion in 2015 (Kaiser Foundation, 2013). U.S. citizens spent 5,267 per capita for health care in 2002- 53 percent more than any other country” (2005). “America spent 5267 per capita and in Switzerland they spent 3074 per capita” about 1821 cheaper than ours (Starfield, B 2010). Controlling the technology isn’t easy thing to do because of technology prices are set by manufacturing and the installer of the new medical equipment’s. However, there other way

While advancements in technology have positively impacted the nursing field, it has also created huge concerns with patient privacy and sharing of protected health information leading to detrimental effects to patients and their families. Indeed, technology is changing the face of healthcare with positive innovations to reduce medication errors and documentation errors. However, technology at our fingertips has created immense concerns with sharing of protected health information of patients via social media, email and other means of communication via technology. This paper addresses why I feel the advancement of technology has numerous deficits that need more research and implementation of new laws and policies to safeguard the

Health care expenditures is an increasing proportion of gross domestic product (GDP) in Organization for Economic Cooperation and Development countries as its share in GDP increased by an average of nearly 2 percent annually in last 40 years. Health care expenditures in the US increased 6.2 on average annually between 1991 and 2011. Health care spending consisted 17.9 percent of GDP in the US in 2011.

The Role of Technology in Rising Health Care Costs. What should or shouldn’t be done.

One technological change that may have the largest effect on our lives today is the rapid growth of medical technology development. Three main effects that medical technology has impacted our modern society are prolonging lifespan, improving quality of health care and promoting nation’s economic growth. The three stages of medical technology are review by regulatory agencies, technology assessments by insurance carriers, and review by purchasers, clinicians, and consumers. Review by regulatory agencies is the most recognized of the three stages and is administered by the Food and Drug Administration (FDA). The FDA is responsible for protecting and promoting public health by regulating pharmaceutical products and medical devices. Each product must go through a series of approvals, clinical trials, and post market surveillance protocols in order to ensure its safety and effectiveness. www.nap.edu

With new developments in technology in healthcare also comes with great responsibility from an ethical standpoint. Decisions can be difficult, ethically when taking into consideration of the life, health or amount of money needed for the type of care given to a patient. Here are a few examples of medical technology perceptions that have changed of the last decade ethically:

Healthcare spending growth rate trends show astounding estimates. Since 1960, spending has risen from $27 billion ($143 per capita, 5.1% pf GDP) to amazing $1,678.9 billion ($5,670 per capita, 15.3% of GDP, 2003 data) (HHS, 2005). Recent research estimated that by 2013, healthcare spending will be as high as 18.4% of the Growth Domestic Product. It is important to note that the gradual move from hospital to ambulatory setting has resulted in much higher spending on outpatient hospital services and prescription drugs. The spending growth for these two trends is much higher than the overall healthcare cost growth, which, in fact, increases faster than such important economic indicators as GDP growth, inflation growth, and population growth rates.

The health care industry is one of the most dynamic and delicate industries in the U.S. having experienced healthy and substantial changes for the last thirty years most of which have aimed to improve health care management and services delivery to the patients. The changes have enabled the integration of technology into the industry such as in the area of informatics, science and research and payment services and clinical treatments. The health care sector has introduced various changes to address disease and health care management such as the Modernization Act of 2003, the Patient Protection Act and Affordable Act, which aim at improving health provision and most

Healthcare systems in the United States are very complex. The United States healthcare system is made up of public and private components. Medicare, Medicaid, private insurance, government run healthcare systems, and military coverage is reviewed. As of 2011, 15% of Americans are uninsured, 60% of insured are employer based, and 15% are covered by Medicare. Access to medical care still has its challenges especially for the uninsured or underinsured. Although the United States spends the most on healthcare and has access to the best technology and healthcare services for Americans, the quality of care is not significantly better than other countries. Financing and Resources are two of many internal factors and emerging medical technology are on of many external factor discussed, and their relationship to Access, healthcare expenditures, and quality. Improving quality of care delivery by increasing care coordination, reducing the growth of costs, and moving away from fee-for-service delivery toward rewarding quality and value is needed. The United States is going to need to work toward price regulation, decreasing healthcare expenditures, and improving quality of care and outcomes, so that all Americans in the future will have healthcare coverage.

Spending is projected to grow an average of 5.7% per year over the projection period; Spending on physician and clinical services is estimated to have grown 2.7% in 2011, reaching $529 billion. Spending is projected to grow an average of 5.4% per year over the projection period; Spending on prescription drugs is estimated to have grown 3.9% in 2009 to $369 billion. Spending is projected to grow an average of 5.8% per year over the projection year; By 2021, federal, state, and local government health care spending is projected to be nearly 50 percent of the national health expenditures, up from 46 percent in 2011, with federal spending accounting for about two-thirds of the total government share (Centers for Medicare and Medicaid Services, 2013).

Information and communication technology has been adopted and implemented within various sectors of the economy. This is attributed to the benefits of technology in facilitating organizational activities and processes and its use in meeting the changes which characterize the modern society. The health sector is one of the industries which have significantly implemented technology. The health sector’s technological applications have been achieved within health information systems. The implementation of technology in this sector has resulted into both positive and negative implications on health

Technology has been advancing every day, which has tremendous effects on the lifestyle of people. People are dependent on technology, and as a lifestyle of people change, a demand of advance technology grows. Technological advancement has both positive and negative effects, for instance, benefits of technological advancement are time saving, increases the production, simplifies the communication, improved the health care and education and others. On the other hand, technology has decreased the human interaction, people are lazy and dependent due to technology, which has decreased the innovation and increases the health risks such as weight gain and obesity-related health issues. This paper will describe regarding the historical perspectives of U.S health care delivery system. The paper will contrast and describe the two technological advances and their impact on a health care delivery system. In addition, a paper will explain regarding the author and public opinion on technological advances.

In the millennial era, technology is at the forefront of all industries, especially within the healthcare industry. Thrive Healthcare prides itself on technological breakthrough that enhances its ability to provide high quality of care and at an affordable price. Electronic documentation within the Thrive Health connect system, was one of many advancements in the healthcare industry. The idea of convenient charting that can be retrieved instantaneously by any provider across the continuum and is securely stored, was answer to misplaced or damaged charts, allow for better utilization of on-site space by going paperless. Since then Thrive Healthcare has improved and advanced over the years. Since the creation of the

Information technology has shaped the health care system. The integration of technology into medical practice paved the way to improved documentation. Hospital organizations are now moving towards computer-based documentation (Meißner, & Schnepp, 2014). The change in practice to the computerized system has been the prevailing trend and continued to grow. It is considered as the most significant technological improvement in the past decades ( Yoder-Wise & Kowalski, 2006). Studies show that information technology-based nursing system has promising benefits in improving the quality care provided to patients (Hebda, & Czar, 2013). Technology has helped build the gap between providing care and outcomes. The

Technology has had a huge impact on health care in general. From lifesaving medical equipment and new methods of developing pharmaceuticals, to medical filing systems and new developments like minimally invasive procedures that actually cut back on overall health care spending. This paper will specifically focus on the benefits and drawbacks of the home healthcare industry and the impact of technology.