Main description:

Medical technology broadly defined to include all aspects of the process of treating disease (e.g., pharmaceuticals, medical devices, and surgical procedures) is profoundly important for individual health and, consequently, also for general welfare. Advances in medical technology convey the prospect of both improved population health and increased general welfare. However, because of the extensive regulation of the markets for healthcare goods and services, the development and application of medical technologies differs fundamentally from non-medical technological advances. In this volume of the "Advances in Health Economics and Health Services Research" series we present several papers that provide theoretical and empirical evidence about the market for medical technology.

Contents:

List of Contributors.
Overview.
Aspects of Research and Development Contract Terms in the Bio/Pharmaceutical Sector.
Effects of Regulation on Drug Launch and Pricing in Interdependent Markets.
The Effect of Pharmaceutical Innovation on the Functional Limitations of Elderly Americans: Evidence from the 2004 National Nursing Home Survey.
Comparative Effectiveness Research, Technological Abandonment, and Health Care Spending.
How do Initial Signals of Quality Influence the Diffusion of New Medical Products? The Case of New Cancer Drug Treatments.
Technology Diffusion and Substitution of Medical Innovations.
Health Insurance and Hospital Technology Adoption.
The Economics of Medical Technology.
Advances in health economics and health services research.
Advances in health economics and health services research.
Copyright page.