The Crowd, the Cloud and Improving the Future of Medical Device Innovation
-
Marco Huesch
and
Robert Szczerba
Abstract
Barriers and delays to medical device innovation are often solely attributable to the regulatory environment instead of both the current state of innovation practices and product development processes in the industry. Increasing the pace of innovation while reducing costs requires the creation of a new approach that fits both established medical device corporations as well as entrepreneurial start-ups. In this commentary we advance the concept of innovation platforms to facilitate ideation in the medical device space. Such platforms could also allow the full health benefits from individual medical devices to be reaped, by overcoming interoperability concerns through simulation and credentialing. Given the dramatic benefits of medical device success, such non-traditional business models for development may be potential solutions for industry, users and regulators.
References
Austin, R. D., L. Devin and E. E. Sullivan (2012) “Accidental Innovation: Supporting Valuable Unpredictability in the Creative Process,” Organization Science, 23:1505–1522.10.1287/orsc.1110.0681Search in Google Scholar
Bailey, D. E., P. M. Leonardi and S. R. Barley (2012) “The Lure of the Virtual,” Organization Science, 23:1485–1504.10.1287/orsc.1110.0703Search in Google Scholar
Boosman, F. and R. J. Szczerba (2010) Simulated Clinical Environments and Virtual System-of-Systems Engineering for Health Care. Interservice/ITSEC Conference. Available at: http://ntsa.metapress.com/link.asp?id=q64725057633q751.Search in Google Scholar
Chesbrough, H. W. (2003) Open Innovation, The New Imperative for Creating and Profiting from Technology. Cambridge, MA: Harvard Business School Press.Search in Google Scholar
Curry, L. A., I. M. Nembhard and E. H. Bradley (2009) “Qualitative and Mixed Methods Provide Unique Contributions to Outcomes Research,” Circulation, 119:1442–1452.10.1161/CIRCULATIONAHA.107.742775Search in Google Scholar
Cutler, D. M. and E. Meara (2000) “The Technology of Birth: Is It Worth It?” Frontiers in Health Policy Research, 3:33–68.10.1162/109623100300091069Search in Google Scholar
Garber, A. M. and J. Skinner (2008) “Is American Health Care Uniquely Inefficient?” Journal of Economic Perspectives, 22:27–50.10.1257/jep.22.4.27Search in Google Scholar
Leone, A. (2011) An Embedded Solution for Medical Device Interoperability. Available at: http://www.eetimes.com/design/medical-design/4212659/An-embedded-solution-for-medical-device-interoperability.Search in Google Scholar
Mabry, P. L., D. H. Olster, G. D. Morgan and D. B. Abrams (2008) “Interdisciplinarity and Systems Science to Improve Population Health: a View from the NIH Office of Behavioral and Social Sciences Research,” American Journal of Preventive Medicine, 35:S211–S224.10.1016/j.amepre.2008.05.018Search in Google Scholar
Newhouse, J. P. (1992) “Medical Care Costs: How Much Welfare Loss?” Journal of Economic Perspectives, 6(3):3–21.10.1257/jep.6.3.3Search in Google Scholar
Szczerba, R. J. and M. D. Huesch (2012) “Does Healthcare Need Science or Technology More?” BMC Medical Informatics and Decision Making, 12:103.10.1186/1472-6947-12-103Search in Google Scholar
Terwiesch, C. and Y. Xu (2008) “Innovation Contests, Open Innovation, and Multiagent Problem Solving,” Management Science, 54:1529–1543.10.1287/mnsc.1080.0884Search in Google Scholar
Trochim, W. M., D. A. Cabrera, B. Milstein, R. S. Gallagher and S. J. Leischow (2006) “Practical Challenges of Systems Thinking and Modeling in Public Health,” American Journal of Public Health, 96:538–546.10.2105/AJPH.2005.066001Search in Google Scholar
U.S. Food and Drug Administration (2012) Overview of Device Regulation. Available at: http://www.fda.gov/MedicalDevices/DeviceRegulationandGuidance/Overview/default.htm.Search in Google Scholar
U.S. Department of Health & Human Services (2003) The Critical Care Workforce: A Study of the Supply and Demand for Critical Care Physicians. Available at: bhpr.hrsa.gov/healthworkforce/reports/studycriticalcarephys.pdf.Search in Google Scholar
Von Hippel, E. (2005) Democratizing Innovation. Cambridge, MA: MIT Press.10.7551/mitpress/2333.001.0001Search in Google Scholar
©2014 by De Gruyter
Articles in the same Issue
- Frontmatter
- A Note on Income Effects and Health Care Cost Growth in Medicare
- The Crowd, the Cloud and Improving the Future of Medical Device Innovation
- A Cost-Benefit Analysis of Using Evidence of Effectiveness in Terms of Progression Free Survival in Making Reimbursement Decisions on New Cancer Therapies
- Medicare Reimbursement Reform for Provider Visits and Health Outcomes in Patients on Hemodialysis
- Employment and Adverse Selection in Health Insurance
Articles in the same Issue
- Frontmatter
- A Note on Income Effects and Health Care Cost Growth in Medicare
- The Crowd, the Cloud and Improving the Future of Medical Device Innovation
- A Cost-Benefit Analysis of Using Evidence of Effectiveness in Terms of Progression Free Survival in Making Reimbursement Decisions on New Cancer Therapies
- Medicare Reimbursement Reform for Provider Visits and Health Outcomes in Patients on Hemodialysis
- Employment and Adverse Selection in Health Insurance
