Pharmacoeconomics: Costing Terms

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5 Questions

What is the opportunity cost associated with volunteers helping staff a new clinic?

The potential services volunteers could have provided if not helping at the new clinic

What are direct medical costs associated with healthcare?

Pharmaceuticals, diagnostic tests, and physician visits

What are direct non-medical costs associated with healthcare?

Emergency department visits and hospitalizations

What are examples of direct medical costs for chemotherapy treatment?

Chemotherapy products, other medications given to reduce side effects, laboratory tests

What is the primary focus of cost categorization in healthcare?

Measuring direct medical and direct non-medical costs

Test your knowledge of costing terms in pharmacoeconomics, including the identification and measurement of costs for economic evaluations. This quiz covers concepts such as cost, price, and expenses incurred by businesses in product or service development.

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