Medical Technology and Evaluation from Coursera

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.

What's inside

Syllabus

Medical Technology Assessment in the Current Health Care Financing and Regulatory Environment

This module includes an overview of the healthcare industry, focusing on the U.S., and provides context for why medical technology evaluations are important sources of information within the industry. The module begins by discussing the aspects of health care industry that make it unique from other industries and the many stakeholders who have interests in the results of medical technology evaluations. The remainder of the module covers the various regulation and payment systems that exist within the industry and where and how medical technology evaluations are necessary elements of those systems.

Clinical Trials and Insurance Claims Data

This module discusses the two most common types of data used in medical technology evaluations: clinical trial data and health insurance claims data. The discussion of clinical trial data covers the basic elements of trial design that help ensure the results will be reliable inputs to technology evaluations. The discussion of claims data covers what types of information is available in claims and how it differs from clinical data. It also covers potential sources of data. The module concludes with a few lessons that discuss general considerations and precautions when using data to ensure the validity of a technology evaluation.

The Elements of Medical Technology Assessments

In this module we will discuss a variety of types of medical technology evaluation approaches and the types of assessments. We will go into detail about the pros and cons of each type of assessment as a way to illustrate situations where one approach may be better than another. Finally, we will also cover the details of the two fundamental features of any evaluation: measuring costs and benefits.

Methodological Approaches and Considerations

Module 4 brings everything together from the first three modules. We will go into more detail about some of the more common quantitative methodologies you may encounter with an evaluation. We will talk about incorporating the effects of uncertainty and time into a medical technology evaluation model as well as the type of models that allow for the dynamic nature of patient responses to medical technology.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Explores the interplay between medical technology, healthcare financing, and regulatory compliance

Covers essential data and methodologies for evaluating medical technologies

Prepares learners to analyze and assess the financial viability and regulatory compliance of new medical technologies

Provides insights into the role of government and regulatory agencies in the development and use of medical technologies

Suitable for healthcare professionals, researchers, and policymakers involved in the evaluation and implementation of medical technologies

Taught by Eric Barrette, an expert in medical technology assessment

Reviews summary

Medical technology and evaluation course

According to students, "Medical Technology and Evaluation" is a course that offers great intro to med tech evaluation and cost-benefit analysis. Reviewers commend the engaging assignments and excellent videos and activities in the course. Learners should be aware that some found the presentation slightly disorganised and the communication quality of the speaker to be difficult to follow.

Engaging and highly rated assignments.

"The course content and explanation is really good. Coursera is a good platform to learn new skills and it provides really excellent tool."

"Presenter could use some work on their oral presentation skills (the professor tended to ramble or stumble their speech). Contrast with the oral presentation of the professor in the Healthcare Marketplace course: clear, concise and complete sentences with no breaks in the flow of the presentation of an idea or xoncept. However, this did not get too much in the way of understanding the material."

"It was a wonderful and well-structured course. I would like to suggest including more examples for module 4 and an assignment like what we had in module 3. something that really made me think, search, and help me understand the topics pretty well. all in all, thank you dear Coursera and the university of Minnesota. "

Highly rated videos and activities.

"Awesome material, great videos and activities"

"very interesting course and help you to know how you can evaluate different project in your facility"

"Really very informative and easily understandable \organised lectures!"

Course content can be overly generic.

"This course is a good tool to learn in a very generic and theoric way what an HTA is. However, I think it lacks a lot in the way of providing the tools or information to be able to perform a simple cost-effectiveness study yourself."

"The course was useful in general and the slides and information presented was interesting. However, the speed and cadence of the person presenting the course made it harder to follow without using subtitles, which then covered parts of the slides."

Course content can be disorganized at times.

"Useful content, but presentation was slightly disorganised."

"The background and methods information were throughly convered and well organized. I thought the case study was a little vague and phylosophical. It was a very informative concept introduction course. I wish we had a hands on calculation practice. "

"This class is a good introduction to the words and concepts for market analysis in the medical world. But the lecturer's pacing is awkward, the assignments are poorly worded, and (aside for isolated examples that are not contextualized to the rest of this course) the class doesn't explore many solutions for contemporary societal and ethical issues in medtech evaluation strategies."

Instructor has difficulty speaking clearly.

"First couple of weeks, the instructor sounds a bit nervous which may make empathetic indiviuals uncomfortable. "

"Contenu pédagogique avec beaucoup d'erreurs. Difficile de suivre un instructeur qui n'est pas visible..."

"Reading from slides only is not really exciting way of presenting the topic of HTAWorst of all Coursera Course I took"

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Medical Technology and Evaluation with these activities:

Review the basics of healthcare financing

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Refresh your understanding of the different types of health insurance, payment models, and reimbursement mechanisms

Browse courses on Healthcare Financing

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Review course materials from previous courses
Read articles and blog posts
Attend a workshop or webinar

Develop a health technology business plan

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Develop a comprehensive business plan that outlines the market opportunity, competitive landscape, financial projections, and regulatory considerations for a new health technology

Browse courses on Business Development

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Identify a healthcare problem
Research the market
Develop a unique solution
Build a business model
Secure funding and resources

Attend webinars on medical technology trends

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Participate in live or recorded webinars to stay up-to-date with the latest advancements and developments in medical technology

Browse courses on Continuing Education

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Identify relevant webinars
Register for the webinars
Attend the webinars
Take notes and ask questions

Four other activities

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Perform cost-benefit and cost-effectiveness analysis

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Practice using quantitative methods to evaluate the financial impact and value of new medical technologies

Browse courses on Cost-Benefit Analysis

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Identify the costs and benefits
Calculate the cost-benefit ratio
Interpret the results

Join a study group for medical technology evaluation

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Engage with classmates to discuss course concepts, share insights, and prepare for assessments

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Find a study group
Meet regularly
Discuss course materials
Prepare for assessments

Write a white paper on a specific medical technology

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Compose a detailed report that summarizes the scientific evidence, clinical data, and regulatory considerations for a particular medical technology

Browse courses on Technical Writing

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Research the topic
Develop an outline
Write the first draft
Revise and edit
Submit the white paper

Contribute to an open-source project related to medical technology

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Participate in an open-source project to apply your technical skills and learn from others in the field

Browse courses on Medical Technology

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Identify a relevant project
Join the project community
Contribute to the project
Review and test changes
Merge your contributions

Career center

Learners who complete Medical Technology and Evaluation will develop knowledge and skills that may be useful to these careers:

Health Economist

As a Health Economist, you might analyze the cost-effectiveness of medical technologies. This could involve assessing the benefits and risks of a technology in relation to its costs and comparing it to other treatment options. By taking a course like Medical Technology and Evaluation, you may gain essential knowledge in assessing medical technologies and performing cost-effectiveness analyses. Completing this course could enhance your credibility and competitiveness in the field.

See salaries and explore the career path for Health Economist

Regulatory Affairs Specialist

A Regulatory Affairs Specialist might ensure that medical devices and technologies comply with government regulations. This course might provide you with a solid foundation in the regulatory environment surrounding medical technologies. By understanding the approval process and the role of regulatory agencies like the FDA, you may be better equipped to navigate the complex regulatory landscape of the healthcare industry.

See salaries and explore the career path for Regulatory Affairs Specialist

Clinical Research Associate

A Clinical Research Associate might assist in the design and implementation of clinical trials for medical devices or technologies. Taking a course such as Medical Technology and Evaluation may enhance your comprehension of clinical trial design, data collection, and analysis. This knowledge could be beneficial in ensuring the validity and reliability of clinical research.

See salaries and explore the career path for Clinical Research Associate

Health Policy Analyst

As a Health Policy Analyst, you might assess the impact of healthcare policies on the adoption and use of medical technologies. A course like Medical Technology and Evaluation may provide you with a deeper understanding of the reimbursement systems and regulatory factors that influence the use of medical technologies. This knowledge could be valuable in developing policies that promote access to innovative technologies and improve patient outcomes.

See salaries and explore the career path for Health Policy Analyst

Healthcare Consultant

Healthcare Consultants might advise healthcare providers on the adoption and implementation of medical technologies. Understanding the evaluation process and the factors that influence technology adoption could be valuable for providing informed recommendations. A course like Medical Technology and Evaluation may equip you with the knowledge and skills to analyze medical technologies and make evidence-based recommendations.

See salaries and explore the career path for Healthcare Consultant

Medical Science Liaison

As a Medical Science Liaison, you may provide scientific and technical information about medical technologies to healthcare professionals. Taking Medical Technology and Evaluation may help you gain a comprehensive understanding of the development, evaluation, and clinical applications of medical technologies. This knowledge can enhance your ability to effectively communicate the value and benefits of medical technologies to healthcare providers.

See salaries and explore the career path for Medical Science Liaison

Research Scientist

A Research Scientist might conduct research and development of new medical technologies. Completing a course like Medical Technology and Evaluation may enhance your understanding of the evaluation process and the factors that influence the success of new technologies. This knowledge can aid in the design and development of innovative and effective medical technologies that meet the needs of patients and healthcare providers.

See salaries and explore the career path for Research Scientist

Product Manager

As a Product Manager for medical devices or technologies, you could be responsible for managing the development, launch, and marketing of new products. An understanding of the evaluation process and the factors that influence market success could be valuable. This course may equip you with the knowledge and skills to assess the potential of new technologies and make informed decisions about product development and marketing strategies.

See salaries and explore the career path for Product Manager

Market Research Analyst

As a Market Research Analyst specializing in healthcare or medical technology, you might conduct market research to assess the potential of new products and technologies. Taking a course like Medical Technology and Evaluation may enhance your understanding of the healthcare industry, reimbursement systems, and the factors that influence the adoption of new technologies. This knowledge could enable you to conduct more in-depth market research and provide valuable insights to clients.

See salaries and explore the career path for Market Research Analyst

Sales Representative

Sales Representatives for medical devices or technologies might educate healthcare providers about the benefits and uses of new products. A course like Medical Technology and Evaluation could provide you with a deep understanding of the clinical applications, evidence base, and regulatory considerations surrounding medical technologies. This knowledge could enhance your ability to effectively present the value of products to healthcare providers and drive sales.

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Quality Assurance Manager

As a Quality Assurance Manager in the medical device or technology industry, you might ensure that products meet quality and safety standards. A course like Medical Technology and Evaluation may help you develop the skills to evaluate the safety and effectiveness of medical technologies and to implement quality control measures to ensure patient safety.

See salaries and explore the career path for Quality Assurance Manager

Clinical Data Manager

A Clinical Data Manager might be responsible for managing and analyzing clinical data from clinical trials or other research studies involving medical technologies. By taking a course like Medical Technology and Evaluation, you may gain a foundation in the principles of clinical trial design, data collection, and statistical analysis, which could enhance your ability to effectively manage clinical data and ensure the integrity of research results.

See salaries and explore the career path for Clinical Data Manager

Project Manager

Project Managers in the medical technology industry might oversee the development and implementation of new technologies. Taking a course like Medical Technology and Evaluation may provide you with a broader perspective on the healthcare industry, reimbursement systems, and regulatory requirements. This knowledge could help you effectively manage projects, coordinate with stakeholders, and ensure that new technologies are successfully brought to market.

See salaries and explore the career path for Project Manager

Business Development Manager

A Business Development Manager in the medical technology industry might identify and pursue new business opportunities. Understanding the reimbursement systems and regulatory environment for medical technologies can be valuable in this role. A course like Medical Technology and Evaluation may equip you with the knowledge and skills to assess the market potential of new technologies and develop strategies for market entry and growth.

See salaries and explore the career path for Business Development Manager

Medical Writer

As a Medical Writer, you may produce regulatory documents and promotional materials for medical devices, drugs, and other healthcare products. A course like Medical Technology and Evaluation might help you gain a deeper understanding of the development and evaluation of medical technologies, which could be valuable in creating accurate and effective written materials.

See salaries and explore the career path for Medical Writer

Medical Technology and Evaluation

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Medical technology and evaluation course

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