Evaluating New Technology.
Publication/Presentation Date
5-1-2018
Abstract
There are multiple complex issues to consider when evaluating any new technology. First evaluate the efficacy of the device. Then considering your patient population decide whether this technology brings an added benefit to your patients. If it meets these 2 criteria, then proceed to the financial analysis of acquiring this technology. The complete financial analysis has several important components that include but are not limited to cost, value, alternatives, return on investment, and associated marketing expense.
Volume
26
Issue
2
First Page
253
Last Page
257
ISSN
1558-1926
Published In/Presented At
Carniol, P. J., Heffelfinger, R. N., & Grunebaum, L. D. (2018). Evaluating New Technology. Facial plastic surgery clinics of North America, 26(2), 253–257. https://doi.org/10.1016/j.fsc.2017.12.009
Disciplines
Business Administration, Management, and Operations | Health and Medical Administration | Management Sciences and Quantitative Methods
PubMedID
29636154
Department(s)
Administration and Leadership
Document Type
Article