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Published in: Current Reviews in Musculoskeletal Medicine 2/2017

01-06-2017 | Orthopaedic Health Policy (A Miller, section editor)

Technology assessment and cost-effectiveness in orthopedics: how to measure outcomes and deliver value in a constantly changing healthcare environment

Authors: Jeremy M Burnham, Fabien Meta, Vincent Lizzio, Eric C. Makhni, Kevin J Bozic

Published in: Current Reviews in Musculoskeletal Medicine | Issue 2/2017

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Abstract

Purpose of review

The purpose of this study is to review the basic concepts of healthcare value, patient outcome measurement, and cost-effectiveness analyses as they relate to the introduction of new surgical techniques and technologies in the field of orthopedic surgery.

Recent findings

An increased focus on financial stewardship in healthcare has resulted in a plethora of cost-effectiveness and patient outcome research. Recent research has made great progress in identifying orthopedic technologies that provide exceptional value and those that do not meet adequate standards for widespread adoption.

Summary

As the pace of technological innovation advances in lockstep with an increased focus on value, orthopedic surgeons will need to have a working knowledge of value-based healthcare decision-making. Value-based healthcare and cost-effectiveness analyses can aid orthopedic surgeons in making ethical and fiscally responsible treatment choices for their patients.
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Metadata
Title
Technology assessment and cost-effectiveness in orthopedics: how to measure outcomes and deliver value in a constantly changing healthcare environment
Authors
Jeremy M Burnham
Fabien Meta
Vincent Lizzio
Eric C. Makhni
Kevin J Bozic
Publication date
01-06-2017
Publisher
Springer US
Published in
Current Reviews in Musculoskeletal Medicine / Issue 2/2017
Electronic ISSN: 1935-9748
DOI
https://doi.org/10.1007/s12178-017-9407-6

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