Geraldine McGinty, MD, MBA, Weill Cornell Medical College touches on how payment models for healthcare are changing payment models for innovation. A shift towards value is being seen in new healthcare payment models, including accountable care organizations and bundled payments. Additionally, R&D spending has dropped, which may be a result of a weak economy, R&D moving overseas, or a shift to primary care and face-to-face procedures instead of procedures which have previously fueled the innovation industry.

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