Despite the notion that medical devices is one of the root causes for skyrocketing healthcare costs, medical devices make up less than 5 percent of hospital spending, according to the report. Additionally, hospital expenditures on medical technology have dropped from approximately 6 percent in 1980 to 3 percent in 2006, according to the news report.
Wireless connectivity can help contain healthcare costs by reducing workloads on physicians and other healthcare providers and allow patients to become more involved in their own health status. Currently, medical technology is, for the most part, still largely wired. However, wireless medical devices and monitors will likely become a trend of the future, especially in the treatment of chronic diseases.
Read the news report about wireless connectivity in healthcare.
Read other coverage about medical devices:
– AAMI Urges Federal Agencies to be More Engaged in Developing Medical Device Standards
– FDA Proposes Medical Device Innovation Initiative
– Study: No Safety Benefit Recognized From Slower, Burdensome FDA Approval Process for Devices
