Cost-effectiveness analysis and health policy.
Economists have devised three main techniques to evaluate healthcare treatments: cost-benefit analysis, cost-effectiveness analysis and cost-utility analysis. Many countries have established regulatory authorities to examine the clinical safety, efficacy, and cost-effectiveness of a product. Currently, economic evaluations play a limited role in decision-making but may increase in importance as healthcare costs continue to rise.
Torgerson
David J
DJ
D003362:Cost-Benefit Analysis; D017048:Health Care Costs; D006291:Health Policy / Q000191:economics*; D006292:Health Priorities / Q000191:economics; D006295:Health Resources / Q000191:economics / Q000600:supply & distribution; D006801:Humans; D019057:Quality-Adjusted Life Years