Cost Benefit Analysis Example Health Care

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  cost benefit analysis example health care: Health System Efficiency Jonathan Cylus, Irene Papanicolas, Peter C. Smith, 2016-12-15 In this book the authors explore the state of the art on efficiency measurement in health systems and international experts offer insights into the pitfalls and potential associated with various measurement techniques. The authors show that: - The core idea of efficiency is easy to understand in principle - maximizing valued outputs relative to inputs, but is often difficult to make operational in real-life situations - There have been numerous advances in data collection and availability, as well as innovative methodological approaches that give valuable insights into how efficiently health care is delivered - Our simple analytical framework can facilitate the development and interpretation of efficiency indicators.
  cost benefit analysis example health care: Handbook of EHealth Evaluation Francis Yin Yee Lau, Craig Kuziemsky, 2016-11 To order please visit https://onlineacademiccommunity.uvic.ca/press/books/ordering/
  cost benefit analysis example health care: Applied Health Economics for Public Health Practice and Research Rhiannon Tudor Edwards, Emma McIntosh, 2019-03-14 In today's world of scare resources, determining the optimal allocation of funds to preventive health care interventions (PHIs) is a challenge. The upfront investments needed must be viewed as long term projects, the benefits of which we will experience in the future. The long term positive change to PHIs from economic investment can be seen across multiple sectors such as health care, education, employment and beyond. Applied Health Economics for Public Health Practice and Research is the fifth in the series of Handbooks in Health Economic Evaluation. It presents new research on health economics methodology and application to the evaluation of public health interventions. Looking at traditional as well as novel methods of economic evaluation, the book covers the history of economics of public health and the economic rationale for government investment in prevention. In addition, it looks at principles of health economics, evidence synthesis, key methods of economic evaluation with accompanying case studies, and much more. Looking to the future, Applied Health Economics for Public Health Practice and Research presents priorities for research in the field of public health economics. It acknowledges the role played by natural environment in promoting better health, and the place of genetics, environment and socioeconomic status in determining population health. Ideal for health economists, public health researchers, local government workers, health care professionals, and those responsible for health policy development. Applied Health Economics for Public Health Practice and Research is an important contribution to the economic discussion of public health and resource allocation.
  cost benefit analysis example health care: Applied Methods of Cost-effectiveness Analysis in Healthcare Alastair Gray, 2011 This book provides the reader with a comprehensive set of instructions and examples of how to perform an economic evaluation of a health intervention, focusing solely on cost-effectiveness analysis in healthcare.
  cost benefit analysis example health care: Applied Methods of Cost-Benefit Analysis in Health Care Emma McIntosh, Philip Clarke, Emma Frew, Jordan Louviere, 2010-06-24 This book provides the reader with a comprehensive set of instructions and examples of how to perform a cost-benefit analysis (CBA) of a health intervention. Developed out of a course run by Jordan Louviere at the University of Technology, Sydney, entitled An Introduction to Stated Preference Discrete Choice Modelling it has a particular focus on the use of stated preference survey methods to identify consumer preference data, as well as the use of recent developments in cost-effectiveness analysis within a CBA framework. In doing so, the most up to date methodologies for CBA are compiled in a comprehensive manner with the aim of advancing the methodology of CBA in healthcare. ABOUT THE SERIES Series editors Alastair Gray and Andrew Briggs Economic evaluation of health intervention is a growing specialist field, and this series of practical handbooks tackles, in depth, topics superficially addressed in more general economics books. Each volume includes illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. The series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.
  cost benefit analysis example health care: Prevention Effectiveness Anne C. Haddix, Steven M. Teutsch, Phaedra S. Corso, 2003 As public accountability has increased and resources have become scarcer, public health, like clinical medicine, has been forced to re-examine the benefits and costs of its activities. Decision and economic analysis are basic tools in carrying out that mission. These methods have become standard practice in clinical medicine and health services research. This book , now in its second edition, was written in an effort to apply and adapt that experience with public health situations.The book was originally written to introduce Centers for Disease Control and Prevention staff to the concepts of decision and economic analysis, to provide guidance on methods to maximize comparability of studios, and to provide access to frequently used reference information. It has been adapted to meet the needs of scientists and managers in state and local health departments and managed care organizations as well as students in schools of public health and clinicians for an introductory text --a text that shows how these methods can be applied in population-based practice, to facilitate better comparability of studies, and to solidify understanding of the scientific basis for use of these tools in decision making. Decision makers will learn how these studies are conducted so they can be critical consumers-- understanding the strengths and limitations- and apply findings to policy and practice.The second edition updates and expands upon the standard methodology for condcuting prevention effectiveness analyses. Each chapter has been revised or re-written. The chapters on measuring effectiveness, decision analysis, and making information useful for decision makers as well as several appendices are entirely new.
  cost benefit analysis example health care: Cost Analysis in Primary Health Care Andrew Creese, David Alan Parker, 1994-01-01 This manual is designed to provide primary health care program managers with guidance on how to use cost analysis and cost-effectiveness analysis as tools to achieve better understanding and management of resource flows. Although it has been prepared primarily for program managers at national, regional, and district levels, other health professionals can learn from it through a short training course or by individual study. Part A introduces unit financial costs and provides a first look at the effectiveness of health services, in six modules: what costs are, using cost data, planning the study, calculating costs, measuring effectiveness, and calculating unit financial costs. Part B covers other kinds of costs and compares costs and effectiveness estimates. Topics of the three modules are as follows: measuring and using economic costs, household costs, and cost-effectiveness analysis. In part C, several important uses of cost and cost-effectiveness data for planning and management are discussed and illustrated. Future costs, financial analysis, and managerial efficiency are the topics of the three modules. A set of exercises to be used with the individual modules follow. Appendixes contain the following: annualization factors; 10 resources for further reading, including guidelines and methods and case studies; and an index. (YLB)
  cost benefit analysis example health care: Disease Control Priorities, Third Edition (Volume 1) Haile T. Debas, Peter Donkor, Atul Gawande, Dean T. Jamison, Margaret E. Kruk, Charles N. Mock, 2015-03-23 Essential Surgery is part of a nine volume series for Disease Control Priorities which focuses on health interventions intended to reduce morbidity and mortality. The Essential Surgery volume focuses on four key aspects including global financial responsibility, emergency procedures, essential services organization and cost analysis.
  cost benefit analysis example health care: Using Cost-effectiveness Analysis to Improve Health Care Peter J. Neumann, 2005 Much evidence suggests that the US does not achieve good value for its health care spending. This book provides a unique perspective on this problem by considering the economic, social, political, and ethical factors that contribute to it, and by seeking to show how experience can guide better policy making in the future.
  cost benefit analysis example health care: Cost-benefit Analysis and Health Care Evaluations Robert J. Brent, 2004-01-01 Professor Brent s book is a superb and much-needed text in the field of health care evaluation. The economic approaches for appraisal of health care programs are presented with greater clarity than any other available text. A comprehensive review of cost-minimization, cost-effectiveness analysis, cost utility analysis, and cost benefit analysis is given in a simple and yet very insightful manner that pointedly demonstrates their fundamental principles, methodological requirements, and common linkages for evaluation research. The book skilfully merges theory and application of the economic analyses of health care, combining the latest literature with adroit illustrations of required methodologies and easily understandable examples that inform the reader of how empirical evaluation research should be conducted. Major evaluation concerns about the appropriateness of discounting health benefits, the appropriate discount (interest) rate, and intangible benefits and costs are critically appraised. Not only is the criterion of economic efficiency of health care programs explored directly and with lucidity, but the important social question of the equity of health interventions is also assessed straightforwardly. Students of health care as well as health policy analysts and administrators are provided with a considerable solid foundation for undertaking evaluation of complex health care issues. In short, Professor Brent has even made the economics of health care evaluation accessible to non-economists in the health care field. Paul L. Solano, University of Delaware, US Cost benefit analysis is the only method of economic evaluation which can effectively indicate whether a health care treatment or intervention is worthwhile. This book attempts to build a bridge between cost benefit analysis, as developed by economists, and the health care evaluation literature which relies on other evaluation approaches such as cost-minimization, cost-effectiveness analysis and cost utility analysis. Robert Brent explains the many different ways in which these other valuation techniques can be converted into cost benefit analysis and examines both the traditional (human capital) and modern (willingness to pay) approaches. Case studies are used throughout to explain and illustrate the various methodologies being examined. The author follows an applied economics approach, in which methods and ideas are evaluated according to practicability and not according to their theoretical purity. Ultimately, he resolves a number of disputes and makes some new, but subtle, contributions by reinterpreting, correcting and extending existing work. The book covers the topic in an accessible manner, from the foundations to the frontiers of the field, and clearly explains all the necessary economic principles along the way. Cost Benefit Analysis and Health Care Evaluations will be invaluable to students and researchers of economics, public policy and health care policy, as well as policymakers and health care practitioners. It can also be used as a comprehensive introductory text by anyone with an interest in cost benefit analysis.
  cost benefit analysis example health care: Cost Effectiveness in Health and Medicine Peter J. Neumann, Gillian D. Sanders, Louise B. Russell, Theodore G. Ganiats, Joanna E. Siegel, 2017 CEAs (cost-effectiveness analyses) are used by decision makers in the health sector to make enlightened evaluations and this book provides an in depth look at how to evaluate the evaluator. The book is aimed specifically at Public health specialists.
  cost benefit analysis example health care: Distributional Cost-Effectiveness Analysis Richard Cookson, Susan Griffin, Ole F. Norheim, Anthony J. Culyer, 2020 Distributional cost-effectiveness analysis aims to help healthcare and public health organizations make fairer decisions with better outcomes. It can provide information about equity in the distribution of costs and effects - who gains, who loses, and by how much - and the trade-offs that sometimes occur between equity and efficiency. This is a practical guide to methods for quantifying the equity impacts of health programmes in high, middle, and low-income countries. The methods can be tailored to analyse different equity concerns in different decision making contexts. The handbook provides both hands-on training for postgraduate students and analysts and an accessible guide for academics, practitioners, managers, policymakers, and stakeholders. Part I is an introduction and overview for research commissioners, users, and producers. Parts II and III provide step-by-step guidance on how to simulate and evaluate distributions, with accompanying spreadsheet training exercises. Part IV concludes with discussions about how to handle uncertainty about facts and disagreement about values, and the future challenges facing this growing field. Book jacket.
  cost benefit analysis example health care: Economic Evaluation in Education Henry M. Levin, Patrick J. McEwan, Clive Belfield, A. Brooks Bowden, Robert Shand, 2017-06-15 The past decade has seen increased attention to cost-effectiveness and benefit-cost analysis in education as administrators are being asked to accomplish more with the same or even fewer resources, philanthropists are keen to calculate their return on investment in social programs, and the general public is increasingly scrutinizing how resources are allocated to schools and colleges. Economic Evaluation in Education: Cost-Effectiveness and Benefit-Cost Analysis (titled Cost-Effectiveness Analysis: Methods and Applications in its previous editions) is the only full-length book to provide readers with the step-by-step methods they need to plan and implement a benefit-cost analysis in education. Authors Henry M. Levin, Patrick J. McEwan, Clive Belfield, Alyshia Brooks Bowden, and Robert Shand examine a range of issues, including how to identify, measure, and distribute costs; how to measure effectiveness, utility, and benefits; and how to incorporate cost evaluations into the decision-making process. The updates to the Third Edition reflect the considerable methodological development in the evaluation literature, and the greater empiricism practiced by education researchers, to help readers learn to apply more advanced methods to their own analyses.
  cost benefit analysis example health care: Standard Transport Appraisal Methods , 2020-11-04 Standard Transport Appraisal Methods, Volume 6 in the Advances in Transport Policy and Planning series, assesses both successful and unsuccessful practices and policies from around the world. Chapters in this new release include Transport models, Cost-Benefit Analysis, Value of Travel Time Savings and reliability, Value of Statistical Life, Wider economic benefits, Multi-criteria analysis, Best-Worst Method, Participatory Value Evaluation, Ex-post evaluation, Sustainability assessment, Evaluating Transport Equity, Environmental Impact Assessment, Decision-Support Systems, Deliberative appraisal methods, Critique on appraisal methods, Appraisal methods in developing countries, Research agenda for appraisal methods, and much more. - Provides the authority and expertise of leading contributors from an international board of authors - Presents the latest release in the Advances in Transport Policy and Planning series
  cost benefit analysis example health care: Costs and Benefits of Health Information Technology Paul G. Shekelle, Caroline Lubick Goldzweig, 2009 This report aims to gather the lessons learnt on the effects of HIT to costs and benefits that might be of use to organisations looking to develop and implement HIT programmes. This is a difficult exercise considering the multiple factors affecting implementation of an HIT programme. Factors include organisational characteristics, the kinds of changes being put in place and how they are managed, and the type of HIT system. The report finds that barriers to HIT implementation are still substantial but that some progress has been made on reporting the organisational factors crucial for the adoption of HIT. However, there is a challenge to adapt the studies and publications from HIT leaders (early implementers and people using HIT to best effect) to offer lessons beyond their local circumstances. The report also finds limited data on the cost-effectiveness of HIT.
  cost benefit analysis example health care: Cost-benefit and Cost-effectiveness Analysis in Health Care Kenneth E. Warner, Bryan R. Luce, 1982 Bibliografi, usa. The substance and structure of the text follow the book's title: Principles, practice and potential. Chapter 1 provides background on the nature, magnitude, and causes of the health care cost problem, concluding with a discussion of the cost containment ideas and acti- vities. Chapter 2 introduces the reader to cba-cea, discussing the chapter closes with some recent developments indicating the current intensity of interest in cba-cea in both health professional and po- licy circles. Chapter 3, on principles, presents the methodology of cba-cea. Chapter 4, on practice, examinies the health care cba-cea literature by presenting our empirical analysis of trends in the growth and character ofthe litterature, identifying substantive to- pics of interest. Chapter 5, on potential, evaluates the health po- licy uses and future usefulness of cba-cea.
  cost benefit analysis example health care: The Oxford Handbook of Well-Being and Public Policy Matthew D. Adler, Marc Fleurbaey, 2016-04-21 What are the methodologies for assessing and improving governmental policy in light of well-being? The Oxford Handbook of Well-Being and Public Policy provides a comprehensive, interdisciplinary treatment of this topic. The contributors draw from welfare economics, moral philosophy, and psychology and are leading scholars in these fields. The Handbook includes thirty chapters divided into four Parts. Part I covers the full range of methodologies for evaluating governmental policy and assessing societal condition-including both the leading approaches in current use by policymakers and academics (such as GDP, cost-benefit analysis, cost-effectiveness analysis, inequality and poverty metrics, and the concept of the social welfare function), and emerging techniques. Part II focuses on the nature of well-being. What, most fundamentally, determines whether an individual life is better or worse for the person living it? Her happiness? Her preference-satisfaction? Her attainment of various objective goods? Part III addresses the measurement of well-being and the thorny topic of interpersonal comparisons. How can we construct a meaningful scale of individual welfare, which allows for comparisons of well-being levels and differences, both within one individual's life, and across lives? Finally, Part IV reviews the major challenges to designing governmental policy around individual well-being.
  cost benefit analysis example health care: Encyclopedia of Health Economics , 2014-02-21 The Encyclopedia of Health Economics offers students, researchers and policymakers objective and detailed empirical analysis and clear reviews of current theories and polices. It helps practitioners such as health care managers and planners by providing accessible overviews into the broad field of health economics, including the economics of designing health service finance and delivery and the economics of public and population health. This encyclopedia provides an organized overview of this diverse field, providing one trusted source for up-to-date research and analysis of this highly charged and fast-moving subject area. Features research-driven articles that are objective, better-crafted, and more detailed than is currently available in journals and handbooks Combines insights and scholarship across the breadth of health economics, where theory and empirical work increasingly come from non-economists Provides overviews of key policies, theories and programs in easy-to-understand language
  cost benefit analysis example health care: Essentials of Economic Evaluation in Healthcare Rachel Elliott, Katherine Payne, 2005 This book is an introduction to economic evaluation for those with little or no knowledge of economics or health economics. Essentials of Economic Evaluation in Healthcare gives an overview of economic issues specific to healthcare, and describes the main types of economic evaluation: cost effectiveness, cost utility and cost benefit analysis. The use of decision analysis to design and carry out economic evaluations is discussed. Preferred statistical methods for handling costs, current approaches to dealing with uncertainty and quantifying patient preferences using discrete choice experiments are explained. Each chapter contains worked examples and questions. With increasing pressure on national healthcare budgets, all healthcare professionals should have a basic understanding of the finite nature of healthcare resources, and the need to make choices between treatments based on a cost-benefit comparison. This book will be invaluable to pharmacists and pharmacy students as well as to other healthcare professionals, researchers and managers. -- publisher website.
  cost benefit analysis example health care: Economic Evaluation in Clinical Trials Henry A. Glick, Jalpa A. Doshi, Seema S. Sonnad, Daniel Polsky, 2014-10-02 It is becoming increasingly important to examine the relationship between the outcomes of a clinical trial and the costs of the medical therapy under study. The results of such analysis can affect reimbursement decisions for new medical technologies, drugs, devices or diagnostics. It can aid companies seeking to make claims about the cost-effectiveness of their product, as well as allowing early consideration of the economic value of therapies which may be important to improving initial adoption decisions. It is also vital for addressing the requirements of regulatory bodies. Economic Evaluation in Clinical Trials provides practical advice on how to conduct cost-effectiveness analyses in controlled trials of medical therapies. This new edition has been extensively rewritten and revised; topics discussed range from design issues such as the types of services that should be measured and price weights, to assessment of quality-adjusted life years. Illustrative materials, case histories and worked examples are included to encourage the reader to apply the methods discussed. These exercises are supported with datasets, programmes and solutions made available online.
  cost benefit analysis example health care: Theory and Practice in Policy Analysis M. Granger Morgan, 2017-10-12 Many books instruct readers on how to use the tools of policy analysis. This book is different. Its primary focus is on helping readers to look critically at the strengths, limitations, and the underlying assumptions analysts make when they use standard tools or problem framings. Using examples, many of which involve issues in science and technology, the book exposes readers to some of the critical issues of taste, professional responsibility, ethics, and values that are associated with policy analysis and research. Topics covered include policy problems formulated in terms of utility maximization such as benefit-cost, decision, and multi-attribute analysis, issues in the valuation of intangibles, uncertainty in policy analysis, selected topics in risk analysis and communication, limitations and alternatives to the paradigm of utility maximization, issues in behavioral decision theory, issues related to organizations and multiple agents, and selected topics in policy advice and policy analysis for government.
  cost benefit analysis example health care: Economic Evaluation of Sustainable Development Vinod Thomas, Namrata Chindarkar, 2019-04-16 This book is open access under a CC BY 4.0 license. This book presents methods to evaluate sustainable development using economic tools. The focus on sustainable development takes the reader beyond economic growth to encompass inclusion, environmental stewardship and good governance. Sustainable Development Goals (SDGs) provide a framework for outcomes. In illustrating the SDGs, the book employs three evaluation approaches: impact evaluation, cost-benefit analysis and objectives-based evaluation. The innovation lies in connecting evaluation tools with economics. Inclusion, environmental care and good governance, thought of as “wicked problems”, are given centre stage. The book uses case studies to show the application of evaluation tools. It offers guidance to evaluation practitioners, students of development and policymakers. The basic message is that evaluation comes to life when its links with socio-economic, environmental, and governance policies are capitalized on.
  cost benefit analysis example health care: The Implications of Cost-effectiveness Analysis of Medical Technology , 1980
  cost benefit analysis example health care: Field Trials of Health Interventions Peter G. Smith, Richard H. Morrow, David A. Ross, 2015 This is an open access title available under the terms of a CC BY-NC 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Before new interventions are released into disease control programmes, it is essential that they are carefully evaluated in field trials'. These may be complex and expensive undertakings, requiring the follow-up of hundreds, or thousands, of individuals, often for long periods. Descriptions of the detailed procedures and methods used in the trials that have been conducted have rarely been published. A consequence of this, individuals planning such trials have few guidelines available and little access to knowledge accumulated previously, other than their own. In this manual, practical issues in trial design and conduct are discussed fully and in sufficient detail, that Field Trials of Health Interventions may be used as a toolbox' by field investigators. It has been compiled by an international group of over 30 authors with direct experience in the design, conduct, and analysis of field trials in low and middle income countries and is based on their accumulated knowledge and experience. Available as an open access book via Oxford Medicine Online, this new edition is a comprehensive revision, incorporating the new developments that have taken place in recent years with respect to trials, including seven new chapters on subjects ranging from trial governance, and preliminary studies to pilot testing.
  cost benefit analysis example health care: Economic Evaluation in Healthcare Gordon Mallarkey, 1999 The purpose of economic evaluations in healthcare is to affect decision making. So how do you determine the best use of scarce resources, in terms of benefits gained from expenditures? The purpose of this book is to review the methods of economic evaluation and how they may be used optimally, and with practical results. It includes review articles on familiar analytical tools, opinion papers on areas of contention, and guidelines on how to apply and analyse economics tools, methods and models.
  cost benefit analysis example health care: Oxford Textbook of Global Public Health Roger Detels, Martin Gulliford, Quarraisha Abdool Karim, Chorh Chuan Tan, 2017 Sixth edition of the hugely successful, internationally recognised textbook on global public health and epidemiology, with 3 volumes comprehensively covering the scope, methods, and practice of the discipline
  cost benefit analysis example health care: Cost-Benefit Analysis for Development Asian Development Bank, 2013-01-01 The Asian Development Bank (ADB) has been continuously undertaking measures to enhance the effectiveness of its operations. To improve projects both at the preparation and implementation stages, ADB issued the Guidelines for Economic Analysis of Projects in 1997 as a means to enhancing project quality at entry. The conduct of proper economic analysis helps ensure the efficient use of development funds and public resources and thereby increase aid effectiveness. This practical guide is a supplement to the Guidelines for the Economic Analysis of Projects. It provides an overview of recent methodological developments in cost-benefit analysis as well as suggested improvements in the economic analysis of projects in selected sectors through case studies. These case studies illustrate the application of suggested methodologies, taking into account sector-specific needs, as well as difficulties faced by practitioners in terms of data and time constraints during project processing. It also aims to contribute to ADB’s capacity building initiatives as this will be the main reference material for conduct of economic analysis.
  cost benefit analysis example health care: Medical Innovation in the Changing Healthcare Marketplace National Research Council, Institute of Medicine, Board on Health Care Services, Policy and Global Affairs, Board on Science, Technology, and Economic Policy, 2002-05-06 A wave of new health care innovation and growing demand for health care, coupled with uncertain productivity improvements, could severely challenge efforts to control future health care costs. A committee of the National Research Council and the Institute of Medicine organized a conference to examine key health care trends and their impact on medical innovation. The conference addressed the following question: In an environment of renewed concern about rising health care costs, where can public policy stimulate or remove disincentives to the development, adoption and diffusion of high-value innovation in diagnostics, therapeutics, and devices?
  cost benefit analysis example health care: Introduction to Cost–Benefit Analysis Ginés de Rus, 2021-03-26 This thoroughly updated second edition incorporates key ideas and discussions on issues such as wider economic impacts, the treatment of risk, and the importance of institutional arrangements in ensuring the correct use of technique. Ginés de Rus considers whether public decisions, such as investing in high-speed rail links, privatizing a public enterprise or protecting a natural area, may improve social welfare.
  cost benefit analysis example health care: The Changing Economics of Medical Technology Institute of Medicine, Committee on Technological Innovation in Medicine, 1991-02-01 Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€as well as the involvement of numerous government agenciesâ€affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.
  cost benefit analysis example health care: Making Choices in Health World Health Organization, 2003 The Guide, in Part I, begins with a brief description of generalized CEA and how it relates to the two questions raised above. It then considers issues relating to study design, estimating costs, assessing health effects, discounting, uncertainty and sensitivity analysis, and reporting results. Detailed discussions of selected technical issues and applications are provided in a series of background papers, originally published in journals, but included in this book for easy reference in Part II. (from the back cover).
  cost benefit analysis example health care: Benefit-cost Analysis in Environmental, Health, and Safety Regulation Kenneth Joseph Arrow, 1996 This primer highlights both the strengths and the limitations of benefit-cost analysis in the development, design, and implementation of regulatory reform.
  cost benefit analysis example health care: Handbook of Health Economics Mark V. Pauly, Thomas G. McGuire, Pedro Pita Barros, 2012-01-05 As a relatively new subdiscipline of economics, health economics has made many contributions to areas of the main discipline, such as insurance economics. This volume provides a survey of the burgeoning literature on the subject of health economics. {source : site de l'éditeur].
  cost benefit analysis example health care: Mental Health Economics Denise Razzouk, 2017-08-26 The main objective of this work is to provide a book with high quality content that becomes a reference and support for graduate course (Mental Health, Public Health and Epidemiology) and for research in the domain of health economics applied to mental health. Also this book might be useful for policymakers on formulating mental health policies. Key messages of this book are based on: a) mental illness represent a huge cost for society and for health care; b) health economics applied to mental health could help in the optimization of resource allocation for mental health care and for better decision making in terms of balancing costs and benefits; c) interventions and treatment should be also chosen in general medical practice and in public decision-policy according to cost-effectiveness, burden of disease and equity principles; d) quality of care is related with better outcomes, higher quality of life for clients, and with lower costs for society and health system (best value for money); e) it is possible to decrease the burden of mental disorders with cost-effective treatments. The book is divided in four main topics: 1. Introduction to Health Economics applied to Mental Health – this section is an overview of basic principles, concepts and methods used in Economics and Health Economics to enable students to make critical appraisal of Health Economics texts and also to design research studies in this topic. 2. Health Economics applied to the evaluation of quality and costs of Mental Health Services – this section presents results of Brazilian studies on the costs of mental health care (hospital, outpatient care, residential care, informal care), methods on the measurement of costs and it discusses issues related with public policies decisions and quality of mental health car in the low and middle income countries context. There is also an overview of quality indicators of mental health care and instruments to evaluate mental health services and costs.3. Health Economics applied to evaluate treatment of mental disorders - This section presents a review of cost-effectiveness of pharmacological treatments and other interventions applied for treating the most burdensome mental disorders such as depressive and anxiety disorders, bipolar disorders, psychosis, alcohol and drug disorders, dementia, and hyper attention deficit disorders. 4. Health Economics, burden and indirect costs of mental disorders - This section highlights the social and economic burden caused by mental illness under societal perspective focusing on stigma, unemployment, indirect costs in the workplace (absenteeism and presenteeism), the relationship between poverty and mental disorders, global health and social determinants of mental health and on the costs of mental disorders (depression, anxiety, psychosis, alcohol and drug disorders). We present some instruments to measure indirect costs of mental disorders.
  cost benefit analysis example health care: Medical and Dental Expenses , 1990
  cost benefit analysis example health care: Secondary Analysis of Electronic Health Records MIT Critical Data, 2016-09-09 This book trains the next generation of scientists representing different disciplines to leverage the data generated during routine patient care. It formulates a more complete lexicon of evidence-based recommendations and support shared, ethical decision making by doctors with their patients. Diagnostic and therapeutic technologies continue to evolve rapidly, and both individual practitioners and clinical teams face increasingly complex ethical decisions. Unfortunately, the current state of medical knowledge does not provide the guidance to make the majority of clinical decisions on the basis of evidence. The present research infrastructure is inefficient and frequently produces unreliable results that cannot be replicated. Even randomized controlled trials (RCTs), the traditional gold standards of the research reliability hierarchy, are not without limitations. They can be costly, labor intensive, and slow, and can return results that are seldom generalizable to every patient population. Furthermore, many pertinent but unresolved clinical and medical systems issues do not seem to have attracted the interest of the research enterprise, which has come to focus instead on cellular and molecular investigations and single-agent (e.g., a drug or device) effects. For clinicians, the end result is a bit of a “data desert” when it comes to making decisions. The new research infrastructure proposed in this book will help the medical profession to make ethically sound and well informed decisions for their patients.
  cost benefit analysis example health care: Measuring and Valuing Health Benefits for Economic Evaluation John Brazier, Julie Ratcliffe, Joshua Saloman, Aki Tsuchiya, 2017 There are not enough resources in health care systems around the world to fund all technically feasible and potentially beneficial health care interventions. Difficult choices have to be made, and economic evaluation offers a systematic and transparent process for informing such choices. A key component of economic evaluation is how to value the benefits of health care in a way that permits comparison between health care interventions, such as through costs per quality-adjusted life years (QALY). Measuring and Valuing Health Benefits for Economic Evaluation examines the measurement and valuation of health benefits, reviews the explosion of theoretical and empirical work in the field, and explores an area of research that continues to be a major source of debate. It addresses the key questions in the field including: the definition of health, the techniques of valuation, who should provide the values, techniques for modelling health state values, the appropriateness of tools in children and vulnerable groups, cross cultural issues, and the problem of choosing the right instrument. This new edition contains updated empirical examples and practical applications, which help to clarify the readers understanding of real world contexts. It features a glossary containing the common terms used by practitioners, and has been updated to cover new measures of health and wellbeing, such as ICECAP, ASCOT and AQOL. It takes into account new research into the social weighting of a QALY, the rising use of ordinal valuation techniques, use of the internet to collect data, and the use of health state utility values in cost effectiveness models. This is an ideal resource for anyone wishing to gain a specialised understanding of health benefit measurement in economic evaluation, especially those working in the fields of health economics, public sector economics, pharmacoeconomics, health services research, public health, and quality of life research.
  cost benefit analysis example health care: Disease Control Priorities, Third Edition (Volume 4) Vikram Patel, Dan Chisholm, Tarun Dua, Ramanan Laxminarayan, Mari'a Lena Medina-Mora, Theo Vos, 2016-03-10 Mental, neurological, and substance use disorders are common, highly disabling, and associated with significant premature mortality. The impact of these disorders on the social and economic well-being of individuals, families, and societies is large, growing, and underestimated. Despite this burden, these disorders have been systematically neglected, particularly in low- and middle-income countries, with pitifully small contributions to scaling up cost-effective prevention and treatment strategies. Systematically compiling the substantial existing knowledge to address this inequity is the central goal of this volume. This evidence-base can help policy makers in resource-constrained settings as they prioritize programs and interventions to address these disorders.
  cost benefit analysis example health care: The Pig Book Citizens Against Government Waste, 2013-09-17 The federal government wastes your tax dollars worse than a drunken sailor on shore leave. The 1984 Grace Commission uncovered that the Department of Defense spent $640 for a toilet seat and $436 for a hammer. Twenty years later things weren't much better. In 2004, Congress spent a record-breaking $22.9 billion dollars of your money on 10,656 of their pork-barrel projects. The war on terror has a lot to do with the record $413 billion in deficit spending, but it's also the result of pork over the last 18 years the likes of: - $50 million for an indoor rain forest in Iowa - $102 million to study screwworms which were long ago eradicated from American soil - $273,000 to combat goth culture in Missouri - $2.2 million to renovate the North Pole (Lucky for Santa!) - $50,000 for a tattoo removal program in California - $1 million for ornamental fish research Funny in some instances and jaw-droppingly stupid and wasteful in others, The Pig Book proves one thing about Capitol Hill: pork is king!
  cost benefit analysis example health care: Hidden Costs, Value Lost Institute of Medicine, Board on Health Care Services, Committee on the Consequences of Uninsurance, 2003-06-19 Hidden Cost, Value Lost, the fifth of a series of six books on the consequences of uninsurance in the United States, illustrates some of the economic and social losses to the country of maintaining so many people without health insurance. The book explores the potential economic and societal benefits that could be realized if everyone had health insurance on a continuous basis, as people over age 65 currently do with Medicare. Hidden Costs, Value Lost concludes that the estimated benefits across society in health years of life gained by providing the uninsured with the kind and amount of health services that the insured use, are likely greater than the additional social costs of doing so. The potential economic value to be gained in better health outcomes from uninterrupted coverage for all Americans is estimated to be between $65 and $130 billion each year.
Guide to Cost-Benefit Analysis of Health Capital Projects
Cost-benefit analysis (CBA) is a way of systematically analysing all costs and benefits associated with a proposal and assessing its overall benefits. Consideration of the social and economic …

Reference Case Guidelines for Benefit-Cost Analysis in Global …
Assessing the Economy-wide Effects of Health and Environmental Interventions in Support of Benefit-Cost Analysis, Kenneth M. Strzepek, Collins Amanya, and James E. Neumann, …

Part IV: Benefit-Cost Analysis
Here is an example of a benefit-cost analysis in the field. This is a study by Cote and colleagues, who conducted a benefit-cost analysis of a pharmacy-based intervention to improve blood …

Cost-Effectiveness Analysis in Health Care
This course is intended to give students an overview of the theory and applications of cost-benefit analysis, cost-effectiveness analysis, cost-utility analysis and related forms of economic …

Cost Benefit Analysis - EOPCW
Cost benefit analysis (CBA) is a method that allows for the identification, measurement, and comparison of the benefits of an intervention with costs incurred to achieve this benefit

Cost Benefit Analysis for Health Economics - University of …
What is Cost Benefit Analysis? A systematic way of cataloguing benefits and costs of a proposal. Costs and benefits are not for individuals, but for society as a whole. In a cost benefit analysis …

UNIT COST BENEFIT ANALYSIS - eGyanKosh
OBJECTIVES After studying this unit. should be able to: understand the current crisis. in the cost healthcare; realize the crucial role of the nurse in responding to the challenges of cost control; …

Planning and Conducting a Cost-Benefit Analysis of Health IT …
Aug 13, 2009 · While other factors play major roles, careful analysis of costs and value can help lead to decisions that conserve scarce public dollars while improving health care.

COST-BENEFIT ANALYSIS
In a cost-benefit analysis (CBA) the outcomes of the two alternatives are measured using monetary values, that is, the monetary value attached to the health states produced by the two …

Robinson iHEA pre-Congress BCA framework final
What is benefit‐cost analysis?* One of several tools for assessing policy impacts. ‒ Well‐established and widely‐used to evaluate health and other interventions, particularly those …

USING COST-EFFECTIVENESS AND COST-BENEFIT ANALYSIS …
Jan 18, 2022 · The three primary approaches that have been widely used to evaluate health policies or compare health options to other social policy options are cost-effectiveness …

Microsoft Word - EHR_Cost_Value_Study.doc
We performed a cost‐benefit analysis of electronic medical record usage by primary care physicians in an ambulatory‐care setting. The primary outcome measure was net financial …

A COST BENEFIT ANALYSIS OF A HOME CARE AIDE PROGRAM
the home care aide services, there was a financial savings in overall health care expense to the federal government and other health insurers. More importantly, the study population receiving …

Cost benefit analysis of nurse practitioner models of care
KPMG was engaged to conduct a cost benefit analysis (CBA) of Nurse Practitioner (NP) models of care in the aged care and primary health care sectors in Australia in order to identify key …

Comparison of Approaches to Measuring Cost Impact: Cost …
Cost-benefit, cost-effectiveness, and cost-utility analyses are part of a group of methods that measure the efficiency of interventions and achieving desired outcomes. These types …

Reference Case Guidelines for Benefit‐Cost Analysis
What is benefit‐cost analysis? One of several tools for assessing policy impacts. ‒ Well‐established and widely‐used. Measures improvements and harms using the same metric …

Cost benefit analysis technical report - GOV.UK
cost benefit analysis (CBA) examines all the costs and benefits of the intervention and quantifies them in monetary terms as far as possible, in order to examine the balance of costs and...

Estimating Medical Costs for Regulatory Benefit-Cost Analysis …
More generally, several alternative concepts are used to measure health care costs in the literature, including: (1) micro-costing; (2) total payments; (3) allowable charges; (4) cost …

BEYOND COST-EFFECTIVENESS: WHY BENEFIT-COST ANALYSIS?
BEYOND COST-EFFECTIVENESS: WHY BENEFIT-COST ANALYSIS? Why BCA? 1. Assigning dollar values to small changes in mortality risks. 2. The loss associated with deaths at different …

Guide to Cost-Benefit Analysis of Health Capital Projects
Cost-benefit analysis (CBA) is a way of systematically analysing all costs and benefits associated with a proposal and assessing its overall benefits. Consideration of the social and economic …

Health Sector Cost-Benefit Analysis Guidance
The cost-benefit analysis for this activity modeled health benefits from the use of energy eficient stoves using a cost of illness and DALYs-averted approach. The Tanzania Energy Sector …

Reference Case Guidelines for Benefit-Cost Analysis in …
Assessing the Economy-wide Effects of Health and Environmental Interventions in Support of Benefit-Cost Analysis, Kenneth M. Strzepek, Collins Amanya, and James E. Neumann, …

Part IV: Benefit-Cost Analysis
Here is an example of a benefit-cost analysis in the field. This is a study by Cote and colleagues, who conducted a benefit-cost analysis of a pharmacy-based intervention to improve blood …

Cost-Effectiveness Analysis in Health Care
This course is intended to give students an overview of the theory and applications of cost-benefit analysis, cost-effectiveness analysis, cost-utility analysis and related forms of economic …

Cost Benefit Analysis - EOPCW
Cost benefit analysis (CBA) is a method that allows for the identification, measurement, and comparison of the benefits of an intervention with costs incurred to achieve this benefit

Cost Benefit Analysis for Health Economics - University of …
What is Cost Benefit Analysis? A systematic way of cataloguing benefits and costs of a proposal. Costs and benefits are not for individuals, but for society as a whole. In a cost benefit analysis …

UNIT COST BENEFIT ANALYSIS - eGyanKosh
OBJECTIVES After studying this unit. should be able to: understand the current crisis. in the cost healthcare; realize the crucial role of the nurse in responding to the challenges of cost control; …

Planning and Conducting a Cost-Benefit Analysis of Health …
Aug 13, 2009 · While other factors play major roles, careful analysis of costs and value can help lead to decisions that conserve scarce public dollars while improving health care.

COST-BENEFIT ANALYSIS
In a cost-benefit analysis (CBA) the outcomes of the two alternatives are measured using monetary values, that is, the monetary value attached to the health states produced by the two …

Robinson iHEA pre-Congress BCA framework final
What is benefit‐cost analysis?* One of several tools for assessing policy impacts. ‒ Well‐established and widely‐used to evaluate health and other interventions, particularly those …

USING COST-EFFECTIVENESS AND COST-BENEFIT …
Jan 18, 2022 · The three primary approaches that have been widely used to evaluate health policies or compare health options to other social policy options are cost-effectiveness …

Microsoft Word - EHR_Cost_Value_Study.doc
We performed a cost‐benefit analysis of electronic medical record usage by primary care physicians in an ambulatory‐care setting. The primary outcome measure was net financial …

A COST BENEFIT ANALYSIS OF A HOME CARE AIDE …
the home care aide services, there was a financial savings in overall health care expense to the federal government and other health insurers. More importantly, the study population receiving …

Cost benefit analysis of nurse practitioner models of care
KPMG was engaged to conduct a cost benefit analysis (CBA) of Nurse Practitioner (NP) models of care in the aged care and primary health care sectors in Australia in order to identify key …

Comparison of Approaches to Measuring Cost Impact: Cost …
Cost-benefit, cost-effectiveness, and cost-utility analyses are part of a group of methods that measure the efficiency of interventions and achieving desired outcomes. These types analyses …

Reference Case Guidelines for Benefit‐Cost Analysis
What is benefit‐cost analysis? One of several tools for assessing policy impacts. ‒ Well‐established and widely‐used. Measures improvements and harms using the same metric …

Cost benefit analysis technical report - GOV.UK
cost benefit analysis (CBA) examines all the costs and benefits of the intervention and quantifies them in monetary terms as far as possible, in order to examine the balance of costs and...

Estimating Medical Costs for Regulatory Benefit-Cost …
More generally, several alternative concepts are used to measure health care costs in the literature, including: (1) micro-costing; (2) total payments; (3) allowable charges; (4) cost …

BEYOND COST-EFFECTIVENESS: WHY BENEFIT-COST …
BEYOND COST-EFFECTIVENESS: WHY BENEFIT-COST ANALYSIS? Why BCA? 1. Assigning dollar values to small changes in mortality risks. 2. The loss associated with deaths at different …