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Economic Evaluation in Healthcare

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18 Questions

What is the primary purpose of economic evaluation in healthcare?

To compare the costs and consequences of alternative healthcare options

What is included in the definition of healthcare costs?

Tangible resources available to the healthcare system, including clinical and non-clinical staff, capital equipment, and buildings

What is the primary focus of consequences in healthcare?

Changes in individuals' health, including positive and negative effects

What is meant by 'alternative options' in healthcare economic evaluation?

Different ways to allocate healthcare resources

What is a characteristic of economic evaluation in healthcare?

It is a comparative analysis of multiple healthcare options

What is included in the definition of consequences in healthcare?

All effects of healthcare programmes, including changes in health, reassurance, and information provision

Economic evaluation in healthcare is used to determine the economic value of a single medical intervention.

False

The time of patients and their families is considered a healthcare cost.

True

Consequences of healthcare programmes only focus on changes in individuals' health.

False

Economic evaluation is used to compare the costs and consequences of at least three alternative healthcare options.

False

Capital equipment is considered a consumable in healthcare costs.

False

Economic evaluation can establish the economic value of a healthcare programme without comparing it to an alternative.

False

What is the significance of comparing alternative options in healthcare economic evaluation?

It is necessary to establish the economic value of a healthcare programme or intervention.

How do non-health service resources contribute to the production of healthcare?

They are used to produce healthcare, such as the time of patients or their families.

What is the implication of economic evaluation being strictly comparative?

It is not possible to determine the economic value of a single healthcare programme or intervention without comparing it to at least one alternative.

What types of effects are included in the consequences of healthcare programmes?

Positive and negative effects on individuals' health, as well as other effects such as reassurance and information provision.

What is the relationship between healthcare costs and resources?

Healthcare costs refer to the values of tangible resources available to the healthcare system.

How do interventions, programmes, and technologies relate to each other in healthcare?

They are equivalent terms referring to ways in which health care resources can be used to increase population health.

Study Notes

Definition of Economic Evaluation in Healthcare

  • Economic evaluation in healthcare: comparison of alternative options in terms of costs and consequences
  • Alternative options: various ways to use healthcare resources to increase population health

Examples of Healthcare Resources

  • Pharmaceuticals
  • Surgical interventions
  • Screening programmes
  • Health promotion programmes
  • Interventions/programmes/technologies (all refer to the same thing)

Healthcare Costs

  • Values of tangible resources available to the healthcare system
  • Examples:
    • Clinical staff
    • Non-clinical staff
    • Capital equipment
    • Buildings
    • Consumables (drugs, medications, devices)
  • Non-health service resources used to produce healthcare:
    • Time of patients
    • Time of patients' families

Consequences of Healthcare Programmes

  • All effects of healthcare programmes other than those on resources
  • Focus on changes in individuals' health (positive or negative)
  • May also include other valued effects, such as:
    • Reassurance
    • Information provision

Key Principle of Economic Evaluation

  • Strictly comparative: cannot establish economic value of one option without comparing its costs and consequences to at least one alternative option

Definition of Economic Evaluation in Healthcare

  • Economic evaluation in healthcare: comparison of alternative options in terms of costs and consequences
  • Alternative options: various ways to use healthcare resources to increase population health

Examples of Healthcare Resources

  • Pharmaceuticals
  • Surgical interventions
  • Screening programmes
  • Health promotion programmes
  • Interventions/programmes/technologies (all refer to the same thing)

Healthcare Costs

  • Values of tangible resources available to the healthcare system
  • Examples:
    • Clinical staff
    • Non-clinical staff
    • Capital equipment
    • Buildings
    • Consumables (drugs, medications, devices)
  • Non-health service resources used to produce healthcare:
    • Time of patients
    • Time of patients' families

Consequences of Healthcare Programmes

  • All effects of healthcare programmes other than those on resources
  • Focus on changes in individuals' health (positive or negative)
  • May also include other valued effects, such as:
    • Reassurance
    • Information provision

Key Principle of Economic Evaluation

  • Strictly comparative: cannot establish economic value of one option without comparing its costs and consequences to at least one alternative option

Definition of Economic Evaluation in Healthcare

  • Economic evaluation in healthcare: comparison of alternative options in terms of costs and consequences
  • Alternative options: various ways to use healthcare resources to increase population health

Examples of Healthcare Resources

  • Pharmaceuticals
  • Surgical interventions
  • Screening programmes
  • Health promotion programmes
  • Interventions/programmes/technologies (all refer to the same thing)

Healthcare Costs

  • Values of tangible resources available to the healthcare system
  • Examples:
    • Clinical staff
    • Non-clinical staff
    • Capital equipment
    • Buildings
    • Consumables (drugs, medications, devices)
  • Non-health service resources used to produce healthcare:
    • Time of patients
    • Time of patients' families

Consequences of Healthcare Programmes

  • All effects of healthcare programmes other than those on resources
  • Focus on changes in individuals' health (positive or negative)
  • May also include other valued effects, such as:
    • Reassurance
    • Information provision

Key Principle of Economic Evaluation

  • Strictly comparative: cannot establish economic value of one option without comparing its costs and consequences to at least one alternative option

This quiz covers the basics of economic evaluation in healthcare, including the comparison of alternative options in terms of costs and consequences, and the different types of healthcare resources and costs.

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