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Learning Objectives. • Practice and advocate for cost-effective care. • Summarize funding and reimbursement sources for patient-care services. • Explore how political, social, and demographic trends have affected the patient population and delivery of health care. • Analyze the link between economics and quality.
“Health economics” as a course is meant to give medical, health officer and other paramedical students basic principles regarding economics and its application to the health sector.
Economics is the study of how individuals and societies make decisions about how to use their limited resources. Health care is considered a limited resource because there isn’t enough money or time in the world to purchase and provide care for every individual in every conceivable manner. The ethical question of who pays for that care is ...
Describe nursing strategies to provide cost-effective care. Examine economic pressures impacting case management and the management of institutional resources. Describe the impact of evidence-based practice on health care economics and client care outcomes.
This second edition of ‘Health Economics’ has been updated to take account of methodological developments in the field of economic evaluation in health care and includes a number of detailed case studies which did not appear in the first edition.
About one out of every six dollars spent in the U.S. economy goes to some form of healthcare, including spending on physicians, nurses, dentists, hospitals, pharmaceutical drugs, and medical research scientists. Understanding the modern economy, therefore, requires an appreciation of the special economics of healthcare. 1.
The purpose of this edition is then, to widen the perception of the topic and its content amongst nurses and nurse managers, by considering some of the major theories and concepts in health economics, their implementation in policy, and impact on staff and patients.
