Conference on Assessing the Value of Medical Technology to Be Held June 14 6/11/2002
From: Mark Hemingway of the Hudson Institute, 202-974-2420; E-mail: mark@hudsondc.org News Advisory: What: Hudson Institute Conference On Assessing The Value Of Medical Technology: Innovation In The Medical Device Industry When: Friday, June 14 Noon-2:30 p.m. Where: Mansfield Room, U.S. Capitol The pace of medical technology innovation, and the investment dollars that fuel it, are largely determined by how policymakers determine the "value" of medical technology advances. Budgetary considerations have led both public and private health care payers to become increasingly cost-conscious when making coverage decisions. Has the focus on short term cost-savings come at the price of lost innovation in individual treatment? Decisions by the federal agencies responsible for determining coverage of medical devices, most notably the Centers for Medicare and Medicaid Services (CMS), affect the investment environment in medical technology. How do investors view today's regulatory environment? What changes might spur an increase in investment that could lead to improvements in patient care? Conference includes speeches by Sen. Evan Bayh (D-IN) and The Honorable Mark McClellan, M.D., Ph.D., of the Council of Economic Advisers, and commissioned papers by Professor Peter Neumann of the Harvard University School of Public Health, and David Skanderson, Ph.D. of KPMG, LLP. Commentators include Kris Jenner, M.D., Ph.D., Vice President, T. Rowe Price; Robert Berenson, M.D., F.A.C.P., former director, Center for Health Plans and Providers, HCFA; Kenneth Kent, M.D., Professor of Medicine, Georgetown University; Jeff Lemieux of the Progressive Policy Institute and Irwin Stelzer of Hudson Institute. Luncheon will be served. Kindly RSVP by Wednesday, June 12 with your name, title and affiliation to rsvp@hudsondc.org or by calling Kim Bowling 202-223-7770. ------ Hudson Institute is an internationally recognized public policy research organization that develops solutions and forecasts trends for governments and businesses. Founded in 1961 by the late Herman Kahn, the not-for-profit organization has more than 75 researchers and employees at its corporate headquarters in Indianapolis as well as offices in Washington, D.C.; Madison, WI; and Tampa, FL. For more information about Hudson Institute, visit the organization's Web site at http://www.hudson.org or call 800-HUDSON-0. |