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HEALTH CARE ECONOMICS INTRODUCTION. 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.
Key Concepts in Health Economics. Richard Smith London School of Hygiene and Tropical Medicine. Lecture 2: Key concepts in health economics. This lecture should enable you to: Describe the concepts of efficiency, opportunity cost and marginal analysis. Understand why these concepts are important in health economics.
Due to limited resources and constant, ever-changing healthcare challenges, health economics is essential to support healthcare decisions while improving health outcomes. Economic evaluation methodology facilitates informed decision-making related to the efficient allocation of resources while positively impacting clinical practice.
“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.
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.
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).
The principal concepts and theoretical foundations of health economics. The various market failures that can arise in healthcare. The role of governments in regulating, funding and providing healthcare. In the following session we will introduce the methods of economic evaluation and their use in decision making.
