Wii Balance Board Gives $18,000 Medical Device a Run For Its Money
Gizmodo highlights a very cool repurposing effort for the Wii's Balance Board accessory. Rather than the specialized force platforms used to quantify patients' ability to balance after a trauma like stroke, doctors at the University of Melbourne thought that a Balance Board might serve as well. Says the article: "When doctors disassembled the board, they found the accelerometers and strain gauges to be of 'excellent' quality. 'I was shocked given the price: it was an extremely impressive strain gauge set-up.'" Games controllers you'd expect to be durable and at least fairly accurate; what's surprising is just how much comparable, purpose-built devices cost. In this case, the Balance Board (just under $100) was compared favorably with a test platform that costs just a shade less than $18,000.
What determines the price of a scale is not just its equipment or accuracy.. but also the insurance the manufacturer has to carry in case something goes wrong. That's why medical devices are more expensive... you're also paying for the liability of somebody being misdiagnosed by a technical malfunction. Highly unlikely, but the money that has to be paid when that happens and gets proven is huge.
Wii parts replacing 18,000 dollar medical equipment... PS3s replacing 10,000 dollar supercomputers... clearly the video game industry knows something we don't.
I've started purchasing my own CPAP machine and accessories as well. Far cheaper than dealing with the home medical place locally (owned by my insurance company no less), even with insurance coverage picking up part of the bill. For less money, I get a better machine and direct support. And I can run the purchase through my FSA, so it's tax free. :)
FWIW, nebulizers are the same way. I bought a very nice machine online for about half the cost of the local place, and the local place wanted to give me a gigantic POS. I bought a very compact unit that has much nicer features.
The reason medical devices are so expensive has little to do with lawsuits when compared with the number one reason: the market for health care is distorted because the decision maker (doctor) is not the person paying for the decision (the patient or insurance). Medical device companies just market directly to doctors. Medical conferences are like industry paid vacations for doctors. Even if you tell your doctor that your Wii balance board does the same thing as the $18,000 device, he's still not going to prescribe it because he has no incentive to. He doesn't bear the cost of paying for it. You do or most likely your insurance do. You see the exact same thing in the textbook industry. The professors make the decision and the students pay for it. When the two entities are not the same, you have a market that's distorted and normal mechanisms of capitalism don't lead to lower costs and greater efficiency like they do in other areas. Of course FDA approval definitely plays into this by making it easier for doctors to have support for their decisions.
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There is no justification for an $18,000 price difference for what amounts to the same fundamental technology. I don't need a formula, or theories as to why this is. The medical industry is full of a bunch of crooked greedy bastards........
I think your missing the point here.
It's not how much it costs or if there ripping us off .
"The how much it costs" argument is irrelevant.
Its the fact that we are now getting devices, which are used to play games, in our homes which are comparable to highly sensitive medical devices.
WOW !!!
The doctors in this melbourne hospital should also be congratulated for looking at alternative ways of doing things.