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The Economics of Robotic Surgery

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December 20, 2023

The Economics of Robotic Surgery

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The webinar explored how economic evaluations guide decisions about funding robotic surgery. Using examples such as robotic prostatectomy, the speaker showed how differences in evidence quality, time horizons, and modeling approaches can dramatically change cost-effectiveness results. He outlined how costs, utilities, and Markov models are used to estimate value, emphasizing the influence of procedural volume, learning curves, and real-world evidence. The session reinforced that rigorous, transparent methods are essential to accurately judge whether robotics delivers sufficient long-term value to justify its high upfront costs.

DISCLAIMER:

This podcast is for informational purposes only and is not intended to be a substitute for professional medical advice, diagnosis, or treatment. If you require medical treatment, always seek the advice of your physician or go to your nearest emergency department.

The opinions, beliefs, and viewpoints expressed by the individuals on this podcast do not reflect the opinions, beliefs, and viewpoints of OrthoEvidence.

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