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Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare. Health economics is important in determining how to improve health outcomes and lifestyle patterns through interactions between individuals, healthcare providers and ...
The concept of the Iron Triangle of Health Care was first introduced in William Kissick’s book, Medicine’s Dilemmas: Infinite Needs Versus Finite Resources in 1994, describing three competing health care issues: access, quality, and cost containment. [1] [2] Each of the vertices represents identical priorities. Increasing or decreasing one ...
Health care management (7 C, 35 P) Medical statistics (6 C, 86 P) P. Health policy (16 C, 60 P) Public health (30 C, 183 P) Publicly funded health care (5 C, 23 P) T.
A category for management and organisational (rather than purely economic or transactional) issues in health care, particularly those arising close to the front-line of healthcare delivery. The main article for this category is Healthcare administration .
In Canada citizens have a universal healthcare system which grants them access to healthcare but requires them to deal with rationing issues. The system works through level of importance, with urgent care having priority as well as certain disease/disorder treatment as some are life and death situations.
Similarly, critics of Grossman's model have conceptualized the issue not from the point of view of healthcare demand, but the avoidance of illness which in itself is a disutility. [11] In that sense, poor health is seen as a factor diminishing or interrupting an individual's ability to achieve maximum utility, with death being seen as a ...
The incremental cost-effectiveness ratio (ICER) is a statistic used in cost-effectiveness analysis to summarise the cost-effectiveness of a health care intervention. It is defined by the difference in cost between two possible interventions, divided by the difference in their effect.
Cost-shifting is a situation in which people may pay for the same goods or services at different prices. One of the biggest known examples [16] is in the US healthcare system. Few causes could be that in the USA the health insurance is not obligatory, or there exist more systems of insurance. Workers are usually insured by their employer.