12/31/2007: Overview of a NBER Working Paper: The Lifetime Costs and Benefits of Medical Technology (National Bureau of Economic Research)
Excerpt: "In 'The Lifetime Costs and Benefits of Medical Care' (NBER Working Paper 13478), David Cutler evaluates the long-term costs and benefits of one specific medical technology. The technology he examines is therapeutic surgical care after a heart attack, or revascularization, a term that encompasses both bypass surgery and angioplasty. These are relatively common and expensive medical treatments whose value has been a matter of debate in the literature."
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