<abstract xmlns="http://www.w3.org/1999/xhtml"><p><bold>Background:</bold> Recently the European Union, through its Horizon 2020 fund has awarded numerous research projects tasked with the development of cloud-based health technology solutions. A number of these projects have a specific focus on ambient assisted living (AAL) technologies; solutions that offer a unique opportunity to improve the quality of life of persons with mild cognitive impairments. The diffusion of these solutions across a European wide cloud infrastructure presents a novel opportunity to reduce economic pressures currently experienced by European health systems. However, no route to market framework currently exists for a European wide healthcare delivery system. <bold>Objectives:</bold> The goal of the paper is to conduct the review and develop the literature around technology assessment for AAL technologies and route to market frameworks. <bold>Methods/Approach:</bold> We highlight the role of Total Cost of Ownership (TCO) when conducting a technology assessment by reviewing existent literature. <bold>Results:</bold> We discuss three TCO models that can support the assessment of AAL technologies. <bold>Conclusions:</bold> There is a gap in the analysis of TCO models in the context of AAL technologies particularly in public and private sector collaborations. TCO process should be developed into a key award criterion when conducting AAL technology assessment and procurements, thus aiding long term strategic decision making.</p></abstract>

Background: Recently the European Union, through its Horizon 2020 fund has awarded numerous research projects tasked with the development of cloud-based health technology solutions. A number of these projects have a specific focus on ambient assisted living (AAL) technologies; solutions that offer a unique opportunity to improve the quality of life of persons with mild cognitive impairments. The diffusion of these solutions across a European wide cloud infrastructure presents a novel opportunity to reduce economic pressures currently experienced by European health systems. However, no route to market framework currently exists for a European wide healthcare delivery system. Objectives: The goal of the paper is to conduct the review and develop the literature around technology assessment for AAL technologies and route to market frameworks. Methods/Approach: We highlight the role of Total Cost of Ownership (TCO) when conducting a technology assessment by reviewing existent literature. Results: We discuss three TCO models that can support the assessment of AAL technologies. Conclusions: There is a gap in the analysis of TCO models in the context of AAL technologies particularly in public and private sector collaborations. TCO process should be developed into a key award criterion when conducting AAL technology assessment and procurements, thus aiding long term strategic decision making.

Health Technology Assessment: The Role of Total Cost of Ownership

Business Systems Research Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Health Technology Assessment: The Role of Total Cost of Ownership"}

Background: Recently the European Union, through its Horizon 2020 fund has awarded numerous research projects tasked with the development of cloud-based health...

Health Technology Assessment: The Role of Total Cost of Ownership

Published Online: May 09, 2019

Page range: 180 - 187

Received: Dec 10, 2017

Accepted: Feb 20, 2019

DOI: https://doi.org/10.2478/bsrj-2019-0013

Keywords
technology assessment, ambient assisted living, total cost of ownership, health systems, procurement

© 2019 Eoghan McConalogue et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Health Technology Assessment: The Role of Total Cost of Ownership

Published Online: May 09, 2019

Page range: 180 - 187

Received: Dec 10, 2017

Accepted: Feb 20, 2019

DOI: https://doi.org/10.2478/bsrj-2019-0013

Keywordstechnology assessment, ambient assisted living, total cost of ownership, health systems, procurement

© 2019 Eoghan McConalogue et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
technology assessment, ambient assisted living, total cost of ownership, health systems, procurement