Healthcare technology advancements have led to a new era where software is integral to medical devices. Medical device software (MDSW) performs medical functions independently from hardware devices and covers various areas such as diagnostics, treatment, and patient monitoring. It helps to improve the quality, safety, and effectiveness of medical care. Furthermore, a significant number of medical IoT devices in the US rely on outdated software systems, posing security risks and highlighting the need for modernization in medical device software.
The True Cost of Focusing on Cost Instead of Cost-Effectiveness
When payors consider only the cost of the medication and not the cost and risk to the patient, doctor, and healthcare system, the irony is
