Podcast Beta
Questions and Answers
What is the primary purpose of economic evaluation in healthcare?
What is included in the definition of healthcare costs?
What is the primary focus of consequences in economic evaluation?
Why is economic evaluation strictly comparative?
Signup and view all the answers
What is an example of a non-health service resource used to produce healthcare?
Signup and view all the answers
What is another term used to refer to healthcare interventions?
Signup and view all the answers
Study Notes
Defining Economic Evaluation
- Economic evaluation in healthcare is a comparison of alternative options in terms of their costs and consequences.
Alternative Options
- Alternative options refer to the range of ways healthcare resources can be used to increase population health.
- Examples of alternative options include:
- Pharmaceuticals and surgical interventions.
- Screening and health promotion programmes.
Interventions, Programmes, and Technologies
- Interventions, programmes, and technologies are interchangeable terms.
Healthcare Costs
- Healthcare costs refer to the values of tangible resources available to the healthcare system.
- Examples of healthcare costs include:
- Clinical staff and non-clinical staff.
- Capital equipment and buildings.
- Consumables (drugs, medications, devices).
Non-Health Service Resources
- Non-health service resources are used to produce healthcare, such as:
- Time of patients.
- Time of patients' families.
Consequences
- Consequences represent all the effects of healthcare programmes other than those on resources.
- Consequences can include:
- Changes in individuals' health (positive or negative).
- Other effects that individuals may value, such as:
- Reassurance.
- Information provision.
Comparative Nature of Economic Evaluation
- Economic evaluation is strictly comparative.
- It is not possible to establish the economic value of one configuration of resources unless its costs and consequences are compared with at least one alternative option.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz covers the definition and principles of economic evaluation in healthcare, including the comparison of alternative options and their costs and consequences.
