Innovations in medical technologies are one of the leading areas of economic growth in the world. Whether new technologies take the form of pharmaceutical, medical device, biotechnology, information technology of some combination of these innovations, the opportunities for both private enterprise and social welfare are substantial. However, these innovations are not without cost, and require reimbursement from either a privately or publicly financed health care delivery system to enter the marketplace.
This course aims to provide knowledge of the concepts, data, and methodology required to critically evaluate new medical technologies in order to secure financial investment, reimbursement, and regulatory compliance objectives, such as FDA approval. The course is designed to provide understanding of the analytic tools needed to evaluate medical technologies. After completing this course, students will have the skills needed to:
- Understand the reimbursement systems financing medical technology use.
- Understand the role of government and regulatory agencies in the development and use of new medical technologies.
- Identify a population to be served by a medical technology.
- Use health care data to evaluate a medical technology.
- Perform cost/benefit and cost/effectiveness analysis of a new technology.
Este curso forma parte de Programa Especializado - Healthcare Marketplace
Medical Technology and Evaluation
ofrecido por
Programa - Qué aprenderás en este curso
Semana
12 horas para completar
Medical Technology Assessment in the Current Health Care Financing and Regulatory Environment
This module includes an overview of the healthcare industry, focusing on the U.S., and provides context for why medical technology evaluations are important sources of information within the industry. The module begins by discussing the aspects of health care industry that make it unique from other industries and the many stakeholders who have interests in the results of medical technology evaluations. The remainder of the module covers the various regulation and payment systems that exist within the industry and where and how medical technology evaluations are necessary elements of those systems.
11 videos (Total 77 minutos), 4 quizzes
11 videos
1.1.2 About Your Instructor, Eric Barrette!1m
1.2.1 Introduction to the medical technology clients6m
1.2.2 The unique need for medical technology assessment6m
1.2.3 How do new technologies impact health care expenditures?6m
1.3.1 The new technology regulatory environment8m
1.3.2 Pharmaceuticals Regulation9m
1.3.3 Medical Device Regulation6m
1.4.1 Government vs. Private Payers14m
1.4.2 Inpatient Hospital Payments6m
1.4.3 Prescription Drug Payments6m
4 ejercicios de práctica
Relevant Stakeholders and Incentives10m
New Medical Technologies Approval10m
New Medical Technologies Reimbursement10m
Medical Technology Assessment Environment20m
Semana
22 horas para completar
Clinical Trials and Insurance Claims Data
This module discusses the two most common types of data used in medical technology evaluations: clinical trial data and health insurance claims data. The discussion of clinical trial data covers the basic elements of trial design that help ensure the results will be reliable inputs to technology evaluations. The discussion of claims data covers what types of information is available in claims and how it differs from clinical data. It also covers potential sources of data. The module concludes with a few lessons that discuss general considerations and precautions when using data to ensure the validity of a technology evaluation.
9 videos (Total 67 minutos), 4 quizzes
9 videos
2.1.2 The Role of Randomization6m
2.1.3 Blinded Designs7m
2.2.1 Introduction to Administrative Data6m
2.2.2 Elements of Claims Data12m
2.2.3 Sources of Claims Data6m
2.3.1 Bias in Data7m
2.3.2 Combining Trial Data6m
2.3.3 Using Claims Data7m
4 ejercicios de práctica
Clinical Trial Design10m
Administrative (claims) data10m
Using Data10m
Clinical Trials and Insurance Claims Data20m
Semana
34 horas para completar
The Elements of Medical Technology Assessments
In this module we will discuss a variety of types of medical technology evaluation approaches and the types of assessments. We will go into detail about the pros and cons of each type of assessment as a way to illustrate situations where one approach may be better than another. Finally, we will also cover the details of the two fundamental features of any evaluation: measuring costs and benefits.
9 videos (Total 56 minutos), 4 quizzes
9 videos
3.1.2 CEA vs CUA6m
3.1.3 Resources4m
3.2.1 Introductions to Costs7m
3.2.2 Costing4m
3.2.3 Considerations7m
3.3.1 Benefits6m
3.3.2 Quality Adjusted Life Years (QALYs)5m
3.3.3 Measuring Quality of Life (QoL)5m
3 ejercicios de práctica
Medical Technology Assessment Basics10m
Measuring Costs10m
Measuring Effectiveness10m
Semana
42 horas para completar
Methodological Approaches and Considerations
Module 4 brings everything together from the first three modules. We will go into more detail about some of the more common quantitative methodologies you may encounter with an evaluation. We will talk about incorporating the effects of uncertainty and time into a medical technology evaluation model as well as the type of models that allow for the dynamic nature of patient responses to medical technology.
9 videos (Total 60 minutos), 3 quizzes
9 videos
4.1.2 Constructing an ICER5m
4.1.3 Interpreting an ICER6m
4.2.1 Baye’s Rule7m
4.2.2 Discounting6m
4.2.3 Decision Models8m
4.3.1 Introduction to Uncertainty6m
4.3.2 Monte Carlo Simulation5m
4.3.3 Markov Models6m
3 ejercicios de práctica
Conducting a Cost Effectiveness Analysis10m
Advanced Methodologies10m
Methodological Approaches and Considerations20m
Principales revisiones
This course is a great tool to learn basics about health technology if you want to begin in this field. Thank you for the information, it was well explained and organized. I enjoyed my learning.
Who knew development of medical technology was scrutinized so much. Plus all the factors that are needed to be taken into account.
Instructor
Eric Barrette
Director of ResearchHealth Care Cost Institute
Acerca de Universidad de Minnesota
The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.
Acerca del programa especializado Healthcare Marketplace
The first course, Healthcare Marketplace Overview, covers all of the major sub-sectors of the healthcare industry including the physician, hospital, insurer and medical technology markets, including a historical perspective. The second course, Healthcare Delivery Providers, takes an in-depth look at the system of healthcare delivery and the transformations occurring to improve the health of populations and communities. The third course,Pharmaceutical and Medical Device Innovations, gives the learner an in-depth view of the intellectual property creation that is vital to creating breakthrough technologies. The fourth course, Medical Technology and Evaluation, explains how cost-effectiveness analysis is used in the healthcare market to put a monetary value on a life saved through a new innovation.
The Capstone brings together key skills engendered from the four courses to create an original medical innovation valuation. The first course teaches the learner to size a population or market. The second course explores whether the healthcare delivery system and the clinicians will or will not find value from deploying a new innovation. The third course identifies the competitive landscape of medical technology innovations to compete or complement. The fourth course teaches how to put a monetary value on the improvement in health resulting from a new innovation. In this way, the suite of four courses supports the capstone experience.
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