Transforming Health Care Through Evidence and Collaboration
Transforming Health Care Through Evidence and Collaboration

Why Does the US Overinvest in Technology? The Curious Case of MRI Scanners

Zack Cooper, Yale University

Cooper-Grant-2019-1
January 01, 2019
December 31, 2020
$88,607

While new technological advances can lead to improvements in health care, rapid unchecked adoption of these technologies is also a leading driver of growth in U.S. health care spending. This study will use a mix of public- and private-sector health care claims to estimate a structural model of MRI market entry, pricing and market share. Model parameters will be used to simulate the impacts of possible policies to constrain overinvestment, and findings will be generalized beyond the MRI setting to consider adoption of other types of health care technology.