Effectiveness of Health Economics in Lymphoma Treatment

Health economics

Table of Contents
Introduction................................................................................................................................2
Analysis......................................................................................................................................2
Conclusion..................................................................................................................................6
Reference List............................................................................................................................7
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Introduction
Health economics can be defined with the effective implementation of the economic tools to
control and examine the of the problems faced by the healthcare sector to promote the public
health program. The application of health economics is the most effective step for the
healthcare providers of both the public and private sector organizations to develop the
decision-making process. This study will unfold the effectiveness of the effective
implementation of health economics to formulate a proper treatment plan for the patients
suffering from lymphoma. Lymphoma is a cancer of lymphatic system that adversely affects
the whole blood cells and damages the immune system completely. The Nano-surgery
technology is considered to be the most prominent treatment for lymphoma. This is a laser
treatment with ultra-short pulses along with gold. It helps to change the DNA of the cells that
are cancerous. The cost of the treatment is considered to be $2.5million along with the
staffing cost of $1.5 million. Thus, the study will state the effectiveness of the economic tool
to mitigate the and control the treatment cost concerning in the healthcare betterment of the
patients. On the contrary, phage therapy can also be identified as an effective treatment for
the treatment of leukemia. The required cost for the treatment is $2 million as the initial cost
and $1.3 million is the ongoing cost The study will also focus the benefits of the treatment
process, costs, operations along with several cases based on their age wise morbidity and
mortality rate, compare and justify the two treatment proposals with the help of the economic
tolls cost-benefit analysis and input-output. The conclusion will summarise the whole concept
and will outline the decision-making process in the healthcare facilities to choose the most
cost-effective treatment.
Analysis
Determinants of health economic
The determinants of health economics are the cost of the treatment, the income of the
consumers and the demand for the health service(Kuhar et al., 2013).
Cost factor
The cost of the treatment can be identified as a great concern for lymphoma
treatment(Gallamini et al., 2014). It is notable that the cost of the training and staffing of
nano-surgery is around $2.5 million per year along with the recurrent cost of $ 1.5million.
However, the cots of the leukemia treatment for the children is the most expensive cancer
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