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Economics in health care affects an individual’s ability to pay for and receive health care, the ability of an institution to provide health care services, and nurses’ ability to provide safe, quality care to the communities they serve.
Health economics is the application of economic principles, models and tech-niques to decision-making in healthcare (Culyer 2005, Morris et al. 2007). Healthcare costs are on the increase globally, rising faster than the rate of inflation in developed countries and consuming a large proportion of the total economy (Meltzer 2001).
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 ...
15 Ιουλ 2012 · The ultimate goal of health economics (HE) education is to expose medical professionals to the problem of high and rising healthcare costs, scarcity of resources, and consequently the...
As healthcare professionals are becoming more involved in national policy implementation, and with current economic climate, where clinicians are charged with the responsibility of achieving more with limited resources, the knowledge of health economics will become even more important.
3 Ιαν 2024 · Due to limited resources and constant, ever-changing healthcare challenges, health economics is essential to support healthcare decisions while improving health outcomes.
9 Ιουν 2022 · We evaluated the health economic impact associated with implementation and intervention of the INTERCARE model—an EBI to reduce hospitalisations of nursing home (NH) residents—compared to usual NH care. The INTERCARE model was conducted in 11 NHs in Switzerland.
