Invited commentary - the role of government in spurring innovative health care technology - biomed 2009.
I am optimistic about the enormous potential technology holds for improving America's health care system. Thanks to the hard work being done by the nation's talented corps of biomedical researchers and engineers, we are making unprecedented progress in expanding the frontiers of medicine and finding new and better ways to deliver care. In addition to recognizing that our nation is home to the world's greatest medical and scientific research minds we must also acknowledge that America's free market economy is the engine driving our nation's ability to develop modern and innovative technology. Without the incentives offered by a competitive marketplace, inventors and investors would have little reason to risk resources on finding the next breakthroughs. While I believe that America's ability to continue to innovate will require a strong and vibrant open marketplace, I also believe that the federal government can and must play a critical role in helping to spur further advances in the development and adoption of health care technology.
Thompson
Tommy G
TG
Akin Gump Strauss Hauer and Fed, Washington, DC.