Economic Evaluation of Healthcare Services

Group Assignment
Economic Evaluation of
Healthcare services

INTRODUCTION
Cost effectiveness is the
most essential
determinants of any
healthcare intervention
that guide choices of
public health among many
effective interventions

PURPOSE
Purpose of this discussion:
Compare cost-effectiveness of
Phage Therapy and Nanotech
Therapy to identify one cost-
effective service

Health Economic Evaluation
The performance of
health care services
Measure economic
efficiency
Social services
effectiveness

Significance of Health
Economic Evaluation
Adopting cost-effective
interventions
Best suitable activity can be
assessed
Identifying best suitable
healthcare service.
Improve quality of life of
people
Assessment of any health
technology and health
economics.

Method of Health Economic
Evaluation
Measurement of Cost
Value reflective of cost
cost in different categories
Long-Run and short run Cost
Distinctions
Healthcare Decision and impact