New technologies like drug-eluting stents and implantable cardioverter-defibrillators significantly increased healthcare costs for Medicare beneficiaries between 2003-2006, adding nearly $4 billion annually. While these technologies provided benefits, they disproportionately drove up costs for lower-acuity patients. The study found that 43% of increased costs from drug-eluting stents were for patients without acute coronary syndromes, and growth in costs from implantable cardioverter-defibrillators for non-hospitalized heart failure patients was minimal. Technologies that increase spending most for low-acuity cases may not be providing optimal value.