Surgeons can complete an angioplasty procedure in 90 minutes compared to 2-4 hours for open bypass surgery. Digital mammography, minimally invasive breast biopsy systems and other advanced technologies enable detection of breast cancer at early stages when it is easier and less costly to treat. Medical technology reduces spending by increasing the productivity and efficiency of health care delivery. About 8 million people need this type of care. Other innovative technologies are eliminating administrative waste and reducing medical errors.
Medical technology improves productivity of American workers.
Treatment is accordingly hastened, and hours of procedure eliminated. Right now, we have a toxic reimbursement system in terms of quality of care. Health care delivery has been relatively untouched by the revolution in information technology that has been transforming nearly every other aspect of society. This has not been a very efficient industry.