Document Type

Closed Project

Publication Date

Winter 2013


Jisun Kim

Course Title

Technology Forecasting

Course Number

ETM 532/632


Today's rapid and dynamic changes increase the importance and value of technology management for any organization. Health care sector is one of the most important sectors for any country for two reasons; first, because it is related to people health and their live and the second reason is because of its high cost for both developed and developing countries. According to Centers for Medicare & Medicaid Services, Office of the Actuary, National Health Statistics Group; U.S. Department of Commerce, Bureau of Economic Analysis; and U.S. Bureau of the Census U.S. the national health spending in 2011 was just over $2,700 billions. This was about 17.9% of the U.S. Gross Domestic Product (GDP), which was $15,076 billions [1]. The national health expenditure will keep increasing and according to a study done by the center for Medicare and Medicaid services it will reach $4,638 billions by the end of 2020 and that about 20% of the U.S. GDP that will be $17,775 billions by the same year [1] We can see form all of that data that health care expenditure will keep increasing and we have to take some advantages of Telemedicine applications that reduce the cost of healthcare in long term. Also, Telemedicine has many advantages in reducing the medical errors, and saving time for both patients and physicians. From table-1 bellow we can see the U.S. population keep increasing year by year and during the last decade it increased from 282 million in 2000 to 311 million in 2011, which is more than 9%. And from the same table we can see how the healthcare expenditures increased almost the double in the last thirty years ago from 9.2% in 1980 to 17.9% in 2011.


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