Pharmacoeconomics: Costing Terms
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Questions and Answers

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 (correct)
  • The cost of medical supplies used by the volunteers
  • The cost of training the volunteers
  • The actual monetary value of the volunteers' help
  • What are direct medical costs associated with healthcare?

  • Pharmaceuticals, diagnostic tests, and physician visits (correct)
  • Costs of maintaining the clinic's infrastructure
  • Volunteers' time and effort
  • Training costs for medical staff
  • What are direct non-medical costs associated with healthcare?

  • Emergency department visits and hospitalizations (correct)
  • Costs of medical research and development
  • Costs of medical equipment used in treatment
  • Costs of administrative staff in the clinic
  • What are examples of direct medical costs for chemotherapy treatment?

    <p>Chemotherapy products, other medications given to reduce side effects, laboratory tests</p> Signup and view all the answers

    What is the primary focus of cost categorization in healthcare?

    <p>Measuring direct medical and direct non-medical costs</p> Signup and view all the answers

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