| Literature DB >> 12806563 |
Abstract
Healthcare professionals are under increasing pressure to stem the rise of healthcare costs and national healthcare expenditures. This has led to great interest in cost-effective therapy for patients. This article reviews the different types of economic analysis of medical practice and the components of a cost-effective analysis. It also reviews how to evaluate a cost-effectiveness paper and apply it to clinical practice. Economic analysis of a medical practice is a formal and quantitative method of comparing alternative strategies with respect to cost and outcomes. These analyses are frequently poorly performed, limiting their applicability to clinic practice. After reading this review, a physician should be better equipped to effectively evaluate economic analyses.Entities:
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Year: 2003 PMID: 12806563 DOI: 10.1055/s-2003-39998
Source DB: PubMed Journal: Semin Reprod Med ISSN: 1526-4564 Impact factor: 1.303