InnoHEALTH magazine Volume 3 issue 3 | Page 70

decision-making is HTA. He explains, not only the assessment of the technology but also the evaluation and calculation of any input that goes into the delivery of the technology will be covered under HTA. Narrating the story about BEMPU, a hypothermia monitoring device, he made a strong point that one should practice evidence-based approach, that stating evidence is very important not only while assessment of a technology but also in day-to -day healthy lifestyle habits. This gives context-specific inputs into the decision-making process at policy and organisational levels. Evidence-based practice, Health economic evaluation, Policy and market analysis are the formation bricks of the architecture of HTA where Social aspects is also another brick in the wall catering its stakeholders, patients, health professionals, industry, third party players and the government with trust and a good decision-making capability. A feedback from any stakeholder is always a good approach to perform analysis of your technology says Mr. John. Especially when it comes to the customers, patients as (here) the case is, patient engagement is a huge buzz topic and knowing your customer is a great idea to improve. Taking feedback whether they are willing and are comfortable in using the technology and how they feel about the integration of it in their life could give you the taste of your own drug. So, what is evidence-based practice? Evidence-based approach is the conscientious, explicit and judicious use of current best evidence in making decisions about the care of individual. Mr. John emphasizing on the usage and reporting of the evidence says, “wherein day-to-day life reporting of evidence is weak, the evidence should be taken based on the studies from multiple trials and research studies and not from a single study or trial”. After stressing on the importance 70 Volume 3 | Issue 3 | July-September 2018 brand value, potential & technical excellence of OptiMaserTM & its futuristic new Avatars. for stating the evidence he also explained the impact and need of economic evaluation analysis which addresses the additional health benefit gained from investment in a technology, such as the cost per additional Quality Adjusted Life Year (QALY) gained, by comparison of that technology to a different intervention or to no intervention. Another important component of this valuable session was Budget Impact Analysis (BIA). Mr. John told that BIA addresses the affordability of the technology, such as the net annual financial cost of adopting the technology for a finite number of years. All this directly or indirectly contributes to the assessment of healthcare technology that one plans to adopt and present. In addition to this, he also explained briefly about the ways a person can perform the economic evaluation of the technology under observation like cost effective analysis, cost benefit analysis or be it cost utility analysis. Mr. John also walked listeners through the schematic structure of Health Technology Assessment in India (HTAIn). Also, telling about how patients and consumers can be engaged in HTA, what all parameters are there on which they can evaluate the technology and how it would be beneficial for the same. Mr. Monish Bhandari said post signing of the CITAR incubation MoU on 2nd May 2017, the entire aura of the association has fast tracked with translating the lab research to commercial success, augmenting the OptiMaserTM potential in excess is exemplified by the fact that it can achieve systematic volumetric heating for disinfection with its mobility in any diverse industry environment. CITAR’s clinical ability to instantly establish protocols, validate clinical results has given OptiMaserTM the required thrust to develop dedicated cycles for: medical waste disinfection; OT instrument disinfection; blood bag disinfection; dialyzer disinfection; linen disinfection; Bactec (BD) bottle disinfection and animal bedding (rice husk & corn cob) disinfection. He said that the technology being pursued by them, saves hundreds of litres of water and electricity consumption while disinfecting hospital wastes - many prestigious institutions are adopting the mode. The IC meeting came to an end after a very provocative question and answer session. Ms. Parthvee Jain is an engineering graduate with specialization and interests in fields like Biotechnology, Healthcare, Food Processing and Nutraceuticals. Connecting European Healthcare innovation leaders with the Indian healthcare system and pioneers, she heads the market access program and partnerships at InnovatioCuris: impacting organizational performance through expert research, analysis and evaluating market competitive conditions, current and emerging trends, and industry-specific solutions.