Overview
Healthcare system economics is a vital field that examines how resources are allocated within healthcare systems. It focuses on understanding costs, financing models, and the impact of these factors on access and quality of care. By analyzing these elements, we can make informed decisions that impro...
Key Terms
Example: Using cost-effectiveness analysis to determine the best treatment option.
Example: Public funding through taxes or private insurance premiums.
Example: Access can be limited by geographic location or financial barriers.
Example: Quality can be measured through patient satisfaction surveys.
Example: Surgery costs are considered direct costs.
Example: A patient's time off work due to illness is an indirect cost.