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For example, IBM has begun a shift from thinking about healthcare as an employee benefit to a large cost driver that will impact their profitability.
For example, IBM has shifted from thinking about healthcare as an employee benefit to a large cost driver that will impact their profitability.
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The overall decision to manufacture a new VLSI device is nominally dictated by return on investment, with the largest cost driver being design costs.
Among medical components, medicines are the largest cost driver.
Of all the antigens, IPV is the largest cost driver for wP-containing hexavalent vaccines.
Follow-up treatment was the second largest cost driver, accounting for 15%20%% of total costs, depending upon the prevalence scenario.
Of all the antigens, IPV is the most expensive, and therefore is the largest cost driver for wP-containing hexavalent vaccines.
In examining disease-related costs, office visits were proportionately the largest cost driver, accounting for 43% of all disease-related costs to esSCLC patients and approximately 41% of disease-related costs to mNSCLC patients.
SLE is associated with high healthcare resource utilization and costs, on average 2 times higher utilization and $10,000 greater annual costs than non-SLE patients, with inpatient hospitalization as the largest cost driver.
Inpatient hospitalization is generally the largest cost driver for any disease; therefore, it is vital to be aware of temporal trends in hospitalization use in order to understand changes in costs over time and to predict costs in the future[ 12].
This balance between cost, efficiency and value is particularly important in areas like musculoskeletal health – which includes orthopedics, rheumatology and related specialties, and is one of the fastest growing and largest cost drivers in the U.S. and the world over.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com