How to Determine If That Cellular and_or Tissue-Based Product Is Worth It

Lawrence Mills introduced the concept of Value Analysis to the manufacturing industry a half century ago. The basic idea entails analyzing the function and importance of the various parts of a product as they relate to cost. He derived the following equation 2 : [10] I admire my colleagues in economics and industry, although I admit that in my younger years, I dismissed all but the biological sciences as the impractical folly of academicians. What possible use would I have for economics, of all fields, in the practice of medicine? My misguided arrogance as a surgeon has since afforded me a fine taste for crow. There is a seriously pressing need for value analysis in medicine, most especially in selecting from the dazzling array of Cellular and/or Tissue­based Products [11] (CTPs)