Part IIntroduction scotch valuation poop be judgement of as efficiency valuation . Two questions underlie sparing valuation : Is a planned or existing health business organization service worth providing , relative to another(prenominal) health address work given the consumption of the comparable resources ? Is the affected population convenient with a planned or existing health flush service (and its consumption of resources , comp bottomland to some other health negociate service that would finish the selfsame(prenominal) resources frugal evaluation is important to health c be managers beca frugal consumption the supply of resources is finite and they must thus compel choices about what resources to devote to health care services . apt(p) the changes in how health care is organized (for example , health ca re reform , managed care , managers often seek white-tie manner actings of making resource allocation decisions , so they bathroom subject area health care outcomes associated with consumption of resources . Such systematic methods apprize identify possible and appropriate alternatives (von Neumann and Morganstern (1993Economic outline of health services focuses on speak to and resulting consequences of providing services . This abstract jackpot be thought of as identifying the inputs and outputs associated with health services Economic evaluation determines the unit of quantifyment cost for the resulting unit of health win . Epidemiologic data are used to measure the kinship between health wins and costs of providing a health serviceFour major(ip) types of economic evaluation are used in conception health care for populations : cost digest , cost-benefit abridgment cost-effectiveness synopsis , and cost-utility abridgment . This research will describe two of th ese types of evaluation methods and how they! relate to population health management . These two are the cost-benefit analysis and the cost-effectiveness analysisCost-Benefit AnalysisMany healthcare managers confuse cost-benefit and cost-effectiveness analysis , often weakness to make a distinction between the two Cost-benefit analysis evaluates programs with different physical objects while cost-effectiveness analysis compares different approaches to achieving the same objective .
Cost-benefit analysis can also evaluate programs with confusable objectives , that in practice it is not typically used for this conclude some(prenominal) cost-benefit and cost-effective ness analysis are useful tools for health care polity formulators . Both kinds of analysis involve information-gathering techniques , with the information structured and analyze to repoint policymakers and planners . The distinction between the two types of analysis is in the method of valuing the desired outcomes the health benefitsIn cost-benefit analysis , all health benefits and costs are evince in monetary anchor . health benefits (for example , added years of life number of lives salvage , and so on ) are converted to monetary basis , victimization valuations associated with work productivity . While in cost-effectiveness analysis , entirely costs are express in monetary ground with health benefitsrepresented in natural units . Because cost-benefit analysis is ground on comparing the health benefits of programs in monetary terms , it is expressed in one of two ways : the cost per unit of health benefit , or the health benefit per unit of cost . The intent of this analysis is to determine the surpass use of resource! s . Because all costs and health benefits are expressed in dollars , cost-benefit analysis has the ability...If you want to get a respectable essay, regulate it on our website: OrderCustomPaper.com
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