ABSTRACT

When one thinks of health-care innovation, advances in pharmaceuticals and medical devices immediately come to mind. is is not wrong; there are incredible discoveries that are taking place every day, all around the world, that are transforming health services and procedures in ways that are revolutionizing patient care. As an example, ConforMis Inc., a medical device company based in Bedford, MA, engineers knee resurfacing implants for osteoarthritis patients that preserve more bone tissue than traditional knee replacement surgeries.1 is kind of innovative medical

Introduction ......................................................................................................11 Trend toward Value-Based Health-System Structure and Design .............14