Is it appropriate to evaluate a healthcare intervention using various methods of economic evaluation or should we choose one primary method that best fits the analysis?
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[B] Is it appropriate to evaluate a healthcare intervention using various methods of economic evaluation or should we choose one primary method that best fits the analysis?
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- Is it appropriate to evaluate a healthcare intervention using various methods of economic evaluation or should we choose one primary method that best fits the analysis?In what sense is a cost-of-illness study a technique of economic evaluation? In what sense is it not? What is the primary motivation for doing a cost-of-illness study?How do economic evaluations in Healthcare inform policy and other decision makers
- Assume that people receiving intervention A live 5 years at quality of life of 0.8 and people receiving intervention B live 10 years at quality of life of 0.4. Assume further that the two intervention have equal costs. Compare the cost-effectiveness of these interventions relative to each other and discuss how that would be altered by inclusion of future costs for younger adults and older adults.Compared to fee-for-service payment, what are theadvantages and disadvantages of payment based ondiagnosis-related groups?What is the effect of Certificate of Need (CON) on the economics of long-term care economic decision making and how is this different from that of a hospital?
- Which option is the most effective for companies and employees: a standard fee-for-services health care insurance option or a high-deductible health insurance plan.Define the roles of the Chief Information Officer (CIO) and Chief Technology Officer (CTO) in health-care businesses. Make one (1) suggestion on how they can apply their knowledge to improve employee and patient satisfaction. Provide examples of such expertise in action to back up your claim.When the outcomes are the same for all of the interventions being studied, then the economic analysis method that can be applied is: A. Cost-minimization analysis B. Cost-consequence analysis C. Cost-utility analysis D. Cost-effectiveness analysis
- Finkelstein, et al. (2003) estimate the national medical spending attributable to being overweight and obese to be $92.6 billion. This is an example of: Group of answer choices a. Cost-of-illness study b. Cost minimization c. Cost-effectiveness analysis d. Cost-benefit analysis e. None of the above.discuss the dominant cost components of health care.How can extensive government intervention influence health economics