Abstract
Recent attention has focused on comparative effectiveness research (CER) to determine the clinical effectiveness and safety as well as the economic impact of health care interventions, including health care reform legislation that provides for new funding to develop the infrastructure to support CER. The demand for CER will significantly impact the competitive landscape for many sectors of the health care industry. The development of convincing and credible evidence to support products and services has become a critical competitive issue. In some cases, it has become a requirement for new health technologies to gain market access, achieve and sustain premium pricing, and achieve targeted levels of market acceptance. This article is intended for senior business management in the health care industry to facilitate efforts to make strategic decisions about the level and type of clinical and economic evidence needed to achieve market success in this new landscape. This article focuses primarily on the strategy for medical technology in the prism of CER.
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