The medical arms race is back. Hospitals are competing vigorously around new technology, spending millions on da Vinci surgical systems, Gamma knives, and high-tech heart implants. Many new technologies require large investments in specialized facilities and technology, pushing up capital investment and health costs. But other technologies have migrated from the inpatient to the outpatient, pushing costs down with shorter inpatient stays and rapid recoveries, like arthroscopic surgery.
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Mich Health Hosp
January 2004
Health Strategies & Solutions, Philadelphia, USA.
The medical arms race is back. Hospitals are competing vigorously around new technology, spending millions on da Vinci surgical systems, Gamma knives, and high-tech heart implants. Many new technologies require large investments in specialized facilities and technology, pushing up capital investment and health costs.
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