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June 30, 2008
Special Issue: Health Care Management Science: Management Science and Economics of Medical Devices for Health Care & Policy
Closing date: 30 June 2008
The Editor-in-Chief of the journal Health Care Management Science (HCMS) and the Guest Editor are pleased to invite authors to submit suitable papers for possible publication. The special issue devoted to “Management Science and Economics of Medical Devices for Health Care & Policy” is planned to contain cutting edge research papers on the broad technologies comprising biomedical devices.
Specifically, sustainable rise in real incomes, rapid geriatric age population growth, favorable reimbursements, computer aided/innovative instrumentation, complementary technological progress, and freer global markets, are some of the major forces/trends positioning medical device (spinal implants, biologics, related treatment delivery devices and processes) technologies for a strong and potentially sustainable global growth. The US market in medical device alone is expected to reach $89 billion at the start of 2008 (knowledge@wharton.upenn.edu). Competitor Insights for Spinal Implants 2005 (source: Millennium Research Group) also projects the spinal implant sub-market alone to grow at the annual compounded rate of 12%, with the largest rise in the US (European and Asian markets are each projected to grow 6 %, from 2003 to 2009). The US in 2004 singularly accounted for roughly 82% of the world-wide sales in the spinal implants industry, and Asia Pacific and Europe shared the balance equally. The medical device (technology) market is essentially global and its constituent leading firms include Smith & Richards, Medtronic, DePuy (Johnson & Johnson), Synthes, Strkyer, and Zimmer.
Consequently, this special issue of HCMS welcomes a diverse set of paper submissions focusing on various aspects of resource allocation issues, firm- or industry- specific, using management science/ operations research optimization techniques/algorithms and/or theory-consistent econometric (or economic) models to inform competitive strategies or public policies for the health sector. Consistent with the established tradition of the journal HCMS, a Springer® publication, papers should contain:
- implications for health care consumers, medical device firms or industry, or public policy including health care, or
- innovative strategic positioning ideas for sustainable competitive advantage either in the framework of resource-based theory of the firm or Rumelt’s time-tested isolating mechanisms (R. Rumelt, “Towards a Strategic Theory of the Firm,” in Lamb, R. (ed.), Competitive Strategic Management, Englewood Cliffs, NJ, Prentice Hall, 1984, pp. 556-70).
Please submit potential contributions electronically through http://hcms.edmgr.com/ to meet the 24:00 h. deadline on June 30, 2008. Authors should state clearly in an accompanying cover letter that the paper is for consideration in the special issue on “Management Science and Economics of Medical Devices for Health Care & Policy.”
The targeted publication date is Dec. 2008 (vol. 11, #4) or Mar. 2009 (vol. 12, #1). HCMS is a peer-refereed journal with a 2004–06 Impact Factor of 2.5 and submissions will go through the standard double-blind refereeing process. HCMS is indexed/abstracted in ABI Inform, EconLit, Journal of Economic Literature, Research Papers in Economics (RePEc), and SCOPUS.
Inquiries on a potential submission should be sent to:
Albert A. Okunade,
First Tennessee Professor,
Department of Economics and Center for Health Care Economics, Office 450BB
(The Fogelman College of Business & Economics),
The University of Memphis,
Memphis, TN 38152
(901) 678-2672
aokunade@memphis.edu
