Silver Book reference

Is Technological Change in Medicine Worth It?

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    • Between 1984 and 1998, the cost of treating heart attack patients rose $10,000. However, medical technology increased the life expectancy of heart attack patients by an average of 1 year-a…  
    • About 70% of the survival improvement in heart attack mortality resulted from changes in technology.  
    • Every $1 spent on technological innovations in heart attack care has produced an estimated $7 gain.  
    • The cost of complications for type 2 diabetics over a 30-year period are estimated at $47,240 per patient.