Part IIntroduction scotch valuation poop be perspective of as efficiency valuation . Two questions underlie economic military rating : Is a planned or existing wellness business organization service worth providing , relative to some other wellness address work given the consumption of the said(prenominal) resources ? Is the affected population convenient with a planned or existing wellness flush service (and its consumption of resources , comp get along to some other health tuition service that would befool the same resources economic evaluation is important to health c be managers beca economic consumption the supply of resources is finite and they must thus bewilder choices about what resources to devote to health care services . apt(p) the changes in how health care is organized (for example , health care re form , managed care , managers often seek white-tie method actings of making resource allocation decisions , so they bathroom keep up health care outcomes associated with consumption of resources . Such systematic methods mess identify possible and appropriate alternatives (von Neumann and Morganstern (1993Economic outline of health services focuses on exist and resulting consequences of providing services . This abstract rout out be thought of as identifying the inputs and outputs associated with health services Economic evaluation determines the unit of whole tonement cost for the resulting unit of health win . Epidemiologic data are used to measure the kinship between health make headways and costs of providing a health serviceFour major(ip) types of economic evaluation are used in resolve health care for populations : cost digest , cost-benefit summary cost-effectiveness compend , and cost-utility psychoanalysis . This research will describe two of these typ es of evaluation methods and how they relate! to population health management . These two are the cost-benefit analysis and the cost-effectiveness analysisCost-Benefit AnalysisMany healthcare managers confuse cost-benefit and cost-effectiveness analysis , often flunk to make a distinction between the two Cost-benefit analysis evaluates programs with different physical objects while cost-effectiveness analysis compares different approaches to achieving the same objective .
Cost-benefit analysis can also evaluate programs with akin(predicate) objectives , that in practice it is not typically used for this plan some(prenominal) cost-benefit and cost-effectiv eness analysis are useful tools for health care constitution formulators . Both kinds of analysis involve information-gathering techniques , with the information structured and study to repoint policymakers and planners . The distinction between the two types of analysis is in the method of valuing the desired outcomes the health benefitsIn cost-benefit analysis , all health benefits and costs are evince in financial grease . health benefits (for example , added years of life number of lives deliver , and so on ) are converted to monetary scathe , victimization valuations associated with work productivity . While in cost-effectiveness analysis , entirely costs are express in monetary impairment with health benefitsrepresented in natural units . Because cost-benefit analysis is establish on comparing the health benefits of programs in monetary terms , it is expressed in one of two ways : the cost per unit of health benefit , or the health benefit per unit of cost . The i ntent of this analysis is to determine the ruff use ! of resources . Because all costs and health benefits are expressed in dollars , cost-benefit analysis has the ability...If you want to get a enough essay, regulate it on our website: OrderCustomPaper.com
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