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Health technology assessment concerns the various positive and negative outcomes of healthcare technology. It gives the complete interpretation about the health technology, as it helps to predict, analyze and evaluate its outcomes. The applications of this technology provide complete information of medical devices, health care services and systems, vaccines and biomedical innovations.
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Health Technology Assessment How to move from belief to proof? http://panaxea.eu/
Want to be convinced about “value for money” before the technology enters next development stages or clinical practice. Payers have become players
Scientific assessment of Health Technology • Safety and efficacy; • The future impact on clinical and other patient outcomes; • Effects on economical, social, a/o ethical aspects of care. Aim HTA: • Generate objective data of high scientific quality . • Support decision-making regarding : • Investment, • Design, (continuing) development, • Pricesetting, • Market access and reimbursement of new technologies
HTA increasingly important for development of successful for medical health technologies.
Advantages to be gained from HTA • Prevent investment in developing technologies that could never meet the value requirements • Support developers to prioritize between several competing concepts or prototypes • Great flexibility at early stages to design products in accordance with user preferences • Directs efficient R&D spending
What does this all mean to early stage companies? • Fundamental disconnect between how companies develop evidence and what payers want to see • Easy to waste lots of cash and management time for very little in return if reimbursement is not in place or easy achievable • Be realistic about quality of your data and what you can afford to spend on additional studies
HTA helps to “move from belief to proof” with a greater chance of success Conclusion