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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.
29 Νοε 2023 · Health economics is important because it focuses on how the economic behavior of stakeholders and recipients affects the quality and cost of medical care. It includes how people pay for care, how those payments are processed, and how health systems around the world can be restructured and improved.
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.
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 ...
‘A measure of the state of health of a person or group in which the benefits, in terms of length of life, are adjusted to reflect the quality of life’. 31 Sensitivity analyses ‘A means of exploring uncertainty in the results of economic evaluations’. 31
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).
Health economics is used to promote healthy lifestyles and positive health outcomes through the study of health care providers, hospitals and clinics, managed care and public health promotion activities.
