Healthcare resources are scarce, and policy makers and health planners make choices between alternative uses of resources.
Assignment Details
Healthcare resources are scarce, and policy makers
and health planners make choices between
alternative uses of resources. Economic evaluation is
important when allocating scarce resources. Cost-
benefit analysis, cost effectiveness analysis, and cost
utility analysis are decision-making tools that help
policy makers and planners examine healthcare
costs and the consequences of alternative health
programs, services, and interventions.
Define economic evaluation, and explain why
it is important in healthcare.
Discuss cost effectiveness analysis.
Discuss cost-benefit analysis.
Share your views on the application of the two
approaches in resource allocation.
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