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Medical Technology and Evaluation
  • Level Foundation
  • Duration 13 hours
  • Course by University of Minnesota
  • Offered by

About

Innovations in medical technologies are one of the leading areas of economic growth in the world. Whether new technologies take the form of pharmaceutical, medical device, biotechnology, information technology of some combination of these innovations, the opportunities for both private enterprise and social welfare are substantial. However, these innovations are not without cost, and require reimbursement from either a privately or publicly financed health care delivery system to enter the marketplace. This course aims to provide knowledge of the concepts, data, and methodology required to critically evaluate new medical technologies in order to secure financial investment, reimbursement, and regulatory compliance objectives, such as FDA approval. The course is designed to provide understanding of the analytic tools needed to evaluate medical technologies. After completing this course, students will have the skills needed to: - Understand the reimbursement systems financing medical technology use. - Understand the role of government and regulatory agencies in the development and use of new medical technologies. - Identify a population to be served by a medical technology. - Use health care data to evaluate a medical technology. - Perform cost/benefit and cost/effectiveness analysis of a new technology.

Modules

Lesson 1.1 Intro to Medical Technology Assessment

    • 2 Videos
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2 Videos

  • 1.1.1 Welcome to the Medical Technology and Evaluation Course
  • 1.1.2 About Your Instructor, Eric Barrette!

Lesson 1.2 Who are the Relevant Stakeholders in the Medical Technology Industry and What are Their Incentives?

    • 3 Videos
    • 1 Discussion
    • 1 Assignment
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1 Assignment

  • Relevant Stakeholders and Incentives

1 Discussions

  • How do Competing Interests Shape the Development of New Technologies?

3 Videos

  • 1.2.1 Introduction to the medical technology clients
  • 1.2.2 The unique need for medical technology assessment
  • 1.2.3 How do new technologies impact health care expenditures?

Lesson 1.3: How are New Medical Technologies Approved?

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • New Medical Technologies Approval

3 Videos

  • 1.3.1 The new technology regulatory environment
  • 1.3.2 Pharmaceuticals Regulation
  • 1.3.3 Medical Device Regulation

Lesson 1.4: How are New Medical Technologies Reimbursed?

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • New Medical Technologies Reimbursement

3 Videos

  • 1.4.1 Government vs. Private Payers
  • 1.4.2 Inpatient Hospital Payments
  • 1.4.3 Prescription Drug Payments

Module 1 Wrap-Up

    • 1 Assignment
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1 Assignment

  • Medical Technology Assessment Environment

Lesson 2.1 Clinical Trial Design

    • 3 Videos
    • 1 Discussion
    • 1 Assignment
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1 Assignment

  • Clinical Trial Design

1 Discussions

  • What do you think about not approving a clinical trial because a drug is expected to be TOO effective?

3 Videos

  • 2.1.1 Introduction to Clinical Trial
  • 2.1.2 The Role of Randomization
  • 2.1.3 Blinded Designs

Lesson 2.2 Administrative (claims) Data

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • Administrative (claims) data

3 Videos

  • 2.2.1 Introduction to Administrative Data
  • 2.2.2 Elements of Claims Data
  • 2.2.3 Sources of Claims Data

Lesson 2.3 Using Data

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • Using Data

3 Videos

  • 2.3.1 Bias in Data
  • 2.3.2 Combining Trial Data
  • 2.3.3 Using Claims Data

Module 2 Wrap-Up

    • 1 Assignment
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1 Assignment

  • Clinical Trials and Insurance Claims Data

Lesson 3.1 What is a Medical Technology Assessment?

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • Medical Technology Assessment Basics

3 Videos

  • 3.1.1 The Types and Uses of Assessments
  • 3.1.2 CEA vs CUA
  • 3.1.3 Resources

Lesson 3.2 Approaches to Measuring Costs

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • Measuring Costs

3 Videos

  • 3.2.1 Introductions to Costs
  • 3.2.2 Costing
  • 3.2.3 Considerations

Lesson 3.3 Approaches to Measuring Effectiveness

    • 3 Videos
    • 1 Discussion
    • 1 Assignment
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1 Assignment

  • Measuring Effectiveness

1 Discussions

  • Would you rather have a longer life in worse health or a shorter life in better health?

3 Videos

  • 3.3.1 Benefits
  • 3.3.2 Quality Adjusted Life Years (QALYs)
  • 3.3.3 Measuring Quality of Life (QoL)

Module 3 Wrap-Up

    • 1 PeerReview
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1 Peer Review

  • You Are The Consultant

Lesson 4.1 Conducting a Cost Effectiveness Analysis (CEA)

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • Conducting a Cost Effectiveness Analysis

3 Videos

  • 4.1.1 Uses of CEA
  • 4.1.2 Constructing an ICER
  • 4.1.3 Interpreting an ICER

Lesson 4.2 Advanced Methodologies

    • 3 Videos
    • 1 Assignment
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1 Assignment

  • Advanced Methodologies

3 Videos

  • 4.2.1 Baye’s Rule
  • 4.2.2 Discounting
  • 4.2.3 Decision Models

Lesson 4.3 Incorporating Uncertainty

    • 3 Videos
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3 Videos

  • 4.3.1 Introduction to Uncertainty
  • 4.3.2 Monte Carlo Simulation
  • 4.3.3 Markov Models

Module 4 Wrap-Up

    • 1 Assignment
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1 Assignment

  • Methodological Approaches and Considerations

Auto Summary

Explore the dynamic world of medical technology with Coursera's "Medical Technology and Evaluation" course. Perfect for those in Business & Management, this foundational course dives into the economic growth driven by innovations in pharmaceuticals, medical devices, and biotechnology. Led by expert instructors, you'll learn to critically evaluate new medical technologies, understand reimbursement systems, government roles, and regulatory compliance like FDA approval. Gain invaluable skills in cost/benefit analysis and using healthcare data, over a comprehensive 780-minute duration. Available through Starter and Professional subscriptions, this course is ideal for budding professionals aiming to excel in the medical tech industry.

Eric Barrette
Instructor

Eric Barrette