Why Perspective Matters In Health Outcomes Research Analyses
International Business & Economics Research Journal
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Title |
Why Perspective Matters In Health Outcomes Research Analyses
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Creator |
Polimeni, John M.
Vichansavakul, Kittaya Iorgulescu, Raluca I. Chandrasekara, Ray |
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Subject |
Economic Forecasting; Economics; Southeast Asian Studies; Health Outcomes Research
Health Outcomes; Cost-Benefit Analysis; Cost-Effectiveness |
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Description |
Health outcomes research typically uses cost-effectiveness or cost-utility analysis. These approaches take a narrow perspective of the individual effects, typically from the payer or the provider point-of-view. However, using these narrow perspectives misses macro-level, or societal level, benefits and costs that could significantly alter whether an intervention is considered beneficial or cost-effective. The societal perspective accounts for all the effects impacting patients, their families, the public, and government expenditures for a healthcare intervention. Such a perspective is vital for healthcare interventions for illnesses where morbidity and long absences from work are probable. A cost-benefit analysis would account for all the societal benefits and costs, allowing policy-makers to observe an outcomes analysis more closely reflective of the real impacts. This paper clearly presents why a societal perspective using cost-benefit analysis should be the preferred method of health outcomes research. An example of breast cancer interventions is used to illustrate this point.
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Publisher |
The Clute Institute
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Date |
2013-10-29
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://www.cluteinstitute.com/ojs/index.php/IBER/article/view/8186
10.19030/iber.v12i11.8186 |
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Source |
International Business & Economics Research Journal (IBER); Vol 12 No 11 (2013); 1503-1512
2157-9393 1535-0754 10.19030/iber.v12i11 |
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Language |
eng
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Relation |
https://www.cluteinstitute.com/ojs/index.php/IBER/article/view/8186/8225
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