Introduction to health economics for the medical practitioner

Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care. Health economics seeks to facilitate decision making by offering an explicit decision making framework based on the principle of efficiency. It...

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Published inPostgraduate Medical Journal Vol. 79; no. 929; pp. 147 - 150
Main Author Kernick, D P
Format Journal Article Book Review
LanguageEnglish
Published London The Fellowship of Postgraduate Medicine 01.03.2003
BMJ
Oxford University Press
BMJ Group
Subjects
Biological and medical sciences
Cost-Benefit Analysis
Decision Making
economic evaluation
Economics, Medical
general practitioner
Health economics
Health participants
Humans
Hydroxymethylglutaryl-CoA Reductase Inhibitors - economics
Hydroxymethylglutaryl-CoA Reductase Inhibitors - therapeutic use
Hypercholesterolemia - drug therapy
Hypercholesterolemia - economics
Medical sciences
Program Evaluation
Public health. Hygiene
Public health. Hygiene-occupational medicine
QALY
quality adjusted life year
Quality-Adjusted Life Years
Review
Value of Life
Human
Economic analysis
Evaluation
Decision making
Physician
Metabolic diseases
Lipids
Hyperlipoproteinemia
Statin derivative
Chemotherapy
Hypercholesterolemia
Treatment
Health economy
Professional practice
Dyslipemia
Public health
Cost efficiency analysis
Antilipemic agent
Online AccessGet full text

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Abstract Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care. Health economics seeks to facilitate decision making by offering an explicit decision making framework based on the principle of efficiency. It is not the only consideration but it is an important one and practitioners will need to have an understanding of its basic principles and how it can impact on clinical decision making. This article reviews some of the basic principles of health economics and in particular economic evaluation.
AbstractList Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care. Health economics seeks to facilitate decision making by offering an explicit decision making framework based on the principle of efficiency. It is not the only consideration but it is an important one and practitioners will need to have an understanding of its basic principles and how it can impact on clinical decision making. This article reviews some of the basic principles of health economics and in particular economic evaluation.
Abstract Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care. Health economics seeks to facilitate decision making by offering an explicit decision making framework based on the principle of efficiency. It is not the only consideration but it is an important one and practitioners will need to have an understanding of its basic principles and how it can impact on clinical decision making. This article reviews some of the basic principles of health economics and in particular economic evaluation.
Author Kernick, D P
AuthorAffiliation St Thomas' Medical Group, Exeter, UK. su1838@eclipse.co.uk
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10.2165/00019053-200018060-00003
10.1093/fampra/17.1.66
10.1136/bmj.312.7022.35
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10.2165/00019053-199813030-00002
10.1136/hrt.82.3.325
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10.1136/bmj.307.6908.859
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Issue 929
Keywords Human
Economic analysis
Evaluation
Decision making
Physician
Metabolic diseases
Lipids
Hyperlipoproteinemia
Statin derivative
Chemotherapy
Hypercholesterolemia
Treatment
Health economy
Professional practice
Dyslipemia
Public health
Cost efficiency analysis
Antilipemic agent
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Correspondence to:
 Dr D P Kernick, St Thomas’ Medical Group, Cowick Street, Exeter EX4 1HJ, UK; 
 su1838@eclipse.co.uk
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Wells (2023042409411876000_R9) 2001; 18
Drummond (2023042409411876000_R1) 1994
Pickin (2023042409411876000_R11) 1999; 82
Drummond (2023042409411876000_R7) 1993
Kernick (2023042409411876000_R2) 2000; 17
Torgerson (2023042409411876000_R3) 1996; 312
Robinson (2023042409411876000_R5) 1993; 307
Robinson (2023042409411876000_R6) 1993; 307
Robinson (2023042409411876000_R8) 1993; 307
Mauskopf (2023042409411876000_R10) 1998; 13
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– volume-title: Purchasing and providing cost effective health care
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    fullname: Drummond
– volume-title: Economic analysis alongside control trials
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Snippet Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care....
Abstract Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health...
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SubjectTerms Biological and medical sciences
Cost-Benefit Analysis
Decision Making
economic evaluation
Economics, Medical
general practitioner
Health economics
Health participants
Humans
Hydroxymethylglutaryl-CoA Reductase Inhibitors - economics
Hydroxymethylglutaryl-CoA Reductase Inhibitors - therapeutic use
Hypercholesterolemia - drug therapy
Hypercholesterolemia - economics
Medical sciences
Program Evaluation
Public health. Hygiene
Public health. Hygiene-occupational medicine
QALY
quality adjusted life year
Quality-Adjusted Life Years
Review
Value of Life
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