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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.
14 Μαΐ 2024 · Health economic analyses, particularly economic evaluations and costing studies, have an important role in investigating the value-for-money of health interventions and supporting decision-making surrounding resource allocation within the health sector [1, 2, 3].
26 Σεπ 2012 · Health economics is about using resources efficiently to improve the population's health. Health economic analysis and evaluation forms an integral part of the public health guidance development process.
Health economics •The application of economic theory, models and empirical techniques to the analysis of decision making by individuals, health care providers and governments with respect to health and health care. •Economics: a social science; the study of human behaviour when confronted with scarcity
The process of gathering and comparing the costs (i.e. health care resource use) and consequences (i.e. health outcomes) of alternative treatment options is known as economic evaluation (See Shiell et al). These data are often collected and analysed within a clinical trial.
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.
What is health economics? Health economics A branch of economics that evaluates health care “..provides a logical and explicit framework that enables health care workers, governments, decision makers and society to make choices as to how best to use health care resources”
