About this Course
4.4
119 ratings
27 reviews
Specialization
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100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 12 hours to complete

Suggested: 4 weeks of study, 2-4 hours/week...
Available languages

English

Subtitles: English...
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 12 hours to complete

Suggested: 4 weeks of study, 2-4 hours/week...
Available languages

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Hours to complete
2 hours to complete

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....
Reading
11 videos (Total 77 min), 4 quizzes
Video11 videos
1.1.2 About Your Instructor, Eric Barrette!1m
1.2.1 Introduction to the medical technology clients6m
1.2.2 The unique need for medical technology assessment6m
1.2.3 How do new technologies impact health care expenditures?6m
1.3.1 The new technology regulatory environment8m
1.3.2 Pharmaceuticals Regulation9m
1.3.3 Medical Device Regulation6m
1.4.1 Government vs. Private Payers14m
1.4.2 Inpatient Hospital Payments6m
1.4.3 Prescription Drug Payments6m
Quiz4 practice exercises
Relevant Stakeholders and Incentives10m
New Medical Technologies Approval10m
New Medical Technologies Reimbursement10m
Medical Technology Assessment Environment20m
Week
2
Hours to complete
2 hours to complete

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....
Reading
9 videos (Total 67 min), 4 quizzes
Video9 videos
2.1.2 The Role of Randomization6m
2.1.3 Blinded Designs7m
2.2.1 Introduction to Administrative Data6m
2.2.2 Elements of Claims Data12m
2.2.3 Sources of Claims Data6m
2.3.1 Bias in Data7m
2.3.2 Combining Trial Data6m
2.3.3 Using Claims Data7m
Quiz4 practice exercises
Clinical Trial Design10m
Administrative (claims) data10m
Using Data10m
Clinical Trials and Insurance Claims Data20m
Week
3
Hours to complete
4 hours to complete

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....
Reading
9 videos (Total 56 min), 4 quizzes
Video9 videos
3.1.2 CEA vs CUA6m
3.1.3 Resources4m
3.2.1 Introductions to Costs7m
3.2.2 Costing4m
3.2.3 Considerations7m
3.3.1 Benefits6m
3.3.2 Quality Adjusted Life Years (QALYs)5m
3.3.3 Measuring Quality of Life (QoL)5m
Quiz3 practice exercises
Medical Technology Assessment Basics10m
Measuring Costs10m
Measuring Effectiveness10m
Week
4
Hours to complete
2 hours to complete

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. ...
Reading
9 videos (Total 60 min), 3 quizzes
Video9 videos
4.1.2 Constructing an ICER5m
4.1.3 Interpreting an ICER6m
4.2.1 Baye’s Rule7m
4.2.2 Discounting6m
4.2.3 Decision Models8m
4.3.1 Introduction to Uncertainty6m
4.3.2 Monte Carlo Simulation5m
4.3.3 Markov Models6m
Quiz3 practice exercises
Conducting a Cost Effectiveness Analysis10m
Advanced Methodologies10m
Methodological Approaches and Considerations20m
4.4

Top Reviews

By BGOct 5th 2018

This course is a great tool to learn basics about health technology if you want to begin in this field. Thank you for the information, it was well explained and organized. I enjoyed my learning.

By ELMay 1st 2017

Good class, the teacher is very clear and the content pedagogic and coherently organized. The examination's topic was very interesting.

Instructor

Avatar

Eric Barrette

Director of Research
Health Care Cost Institute

About University of Minnesota

The University of Minnesota is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations....

About the Healthcare Marketplace Specialization

The first course, Healthcare Marketplace Overview, covers all of the major sub-sectors of the healthcare industry including the physician, hospital, insurer and medical technology markets, including a historical perspective. The second course, Healthcare Delivery Providers, takes an in-depth look at the system of healthcare delivery and the transformations occurring to improve the health of populations and communities. The third course,Pharmaceutical and Medical Device Innovations, gives the learner an in-depth view of the intellectual property creation that is vital to creating breakthrough technologies. The fourth course, Medical Technology and Evaluation, explains how cost-effectiveness analysis is used in the healthcare market to put a monetary value on a life saved through a new innovation. The Capstone brings together key skills engendered from the four courses to create an original medical innovation valuation. The first course teaches the learner to size a population or market. The second course explores whether the healthcare delivery system and the clinicians will or will not find value from deploying a new innovation. The third course identifies the competitive landscape of medical technology innovations to compete or complement. The fourth course teaches how to put a monetary value on the improvement in health resulting from a new innovation. In this way, the suite of four courses supports the capstone experience....
Healthcare Marketplace

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.