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Often used synonymously with health economics, medical economics, according to Culyer, [31] is the branch of economics concerned with the application of economic theory to phenomena and problems associated typically with the second and third health market outlined above: physician and institutional service providers. Typically, however, it ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 9 December 2024. Economic sector focused on health An insurance form with pills The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive ...
[1] [2] It is a sub-discipline of health economics. A pharmacoeconomic study evaluates the cost (expressed in monetary terms) and effects (expressed in terms of monetary value, efficacy or enhanced quality of life) of a pharmaceutical product. Pharmacoeconomic studies serve to guide optimal healthcare resource allocation, in a standardized and ...
Health economics (Germany) Health equity; Health impact assessment; Health law; Health literacy; Health services research; Health spending as percent of gross domestic product (GDP) by country; Health surveillance; Health system; Health technology assessment; Health Utilities Index; Healthcare payment; Healthy Life Years
Investment in health takes the form of medical care purchases and other inputs and depreciation is interpreted as natural deterioration of health over time. [2] In the model, health enters the utility function directly as a good people derive pleasure from and indirectly as an investment which makes more healthy time available for market and ...
Medical product could refer to: Medications. Medicinal clay; ... Medicinal cannabis; Medical devices; See also. Medicine This page was last edited on 5 ...
ISPOR is the publisher of the international, peer-reviewed journal Value in Health, which publishes "articles for pharmacoeconomics, health economics, and outcomes research (clinical, economic, and patient-reported outcomes/preference-based research), as well as conceptual and health policy articles that provide valuable information for health ...
Cost-effectiveness analysis (CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness analysis is distinct from cost–benefit analysis, which assigns a monetary value to the measure of effect. [1]