The Blue Shield of California Foundation (BSCF) and the California HealthCare Foundation (CHCF) are jointly funding start-up of the nation’s first center where health care decision makers, stakeholders, and experts can work together in a neutral forum to design real-world studies on emerging medical technologies, according to the nonprofit Health Technology Center (HealthTech), which is managing the effort.
The Center for Medical Technology Policy (CMTP) will develop research projects that provide health care decision-makers with new evidence on the real-world effectiveness and safety of innovative technologies, such as new surgical procedures, medical devices, diagnostics or biopharmaceuticals.
“The CMTP will go beyond technology assessment efforts that rely primarily on reviews of existing clinical trial information,” said Molly Coye, M.D., founder and CEO of HealthTech. “Evidence-based information and policy options generated by the Center could save the health care system millions of dollars annually — funds that are currently wasted on adoption or excessive use of the latest ‘hot’ technologies. The Center’s studies will help us learn which technologies actually provide little or no relative benefit beyond today’s effective and less-expensive established procedures.”
For more information about the CMTP, visit http://www.cmtpnet.org.