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Session C4 : Economic Analysis and Evaluation Research Presentations Highlights

By Department of Health and Human Services

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Book Id: WPLBN0000214555
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005

Title: Session C4 : Economic Analysis and Evaluation Research Presentations Highlights  
Author: Department of Health and Human Services
Volume:
Language: English
Subject: Health., Medical research, Medical reports
Collections: Medical Library Collection
Historic
Publication Date:
Publisher: Centers for Disease Control and Prevention

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Health And Human Services, D. O. (n.d.). Session C4 : Economic Analysis and Evaluation Research Presentations Highlights. Retrieved from http://community.ebooklibrary.org/


Excerpt
Introductory Remarks on the Importance of Economic Analysis and Evaluation Research – Elyce Biddle - The Why, What, When & How are questions that need to be asked when conducting economic analysis on intervention/strategy evaluations - The Why answers if proposed interventions are suitable and feasible, if the intervention produces the desired results or have un expected benefits or results, and if the intervention is effective for the target population, public and similar entities - The What answers if the process is appropriate, adequate, effective, and efficient - The When answers at what stage(s) of the process produces the impact/outcome - The How defines the objective, target, collected information, collection method/instruments, and the report - Healthcare Programs and Businesses should care and look closely at the Societal and Business perspective Economic Evaluation Methods in Public Safety and Health – Kwame Owusu-Edusei - Economic Evaluation Methods currently consist of: Cost Analysis (CA), Cost- Effectiveness Analysis (CEA), Cost-Utility Analysis (CUA), Cost-Benefit Analysis (CBA), and Sensitivity Analysis (SA) - CA is the systematic collection, categorization and analysis of program or intervention costs and cost of injury/illness - CEA expresses outcomes in injuries prevented, derives a ratio of cost per unit of outcome, compares results with other inventions - CUA expresses outcomes in units of individual’s preference/utility ranking, derives a ratio of cost per unit of outcome, and compares results with other interventions - CBA standardizes both costs and benefits over time and provides a net benefit/value or a benefit/cost ratio - CBA only method that includes costs categories for direct medical, direct nonmedical, indirect and intangible - SA is the process of varying parameter assumptions in an economic evaluation to test robustness of model, identify influential parameters, and to explore impact on different populations - Economic evaluation can be conducted at the company, local, state, and federal levels and can be used to set safety and health policies at every level...

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