Health economics
Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare. In broad terms, health economists study the functioning of healthcare systems and health-affecting behaviors such as smoking, diabetes, and obesity.
Overview[edit | edit source]
Health economics is important in determining how to improve health outcomes and lifestyle patterns through interactions between individuals, healthcare providers and clinical settings. In some cases, economists argue that the health economy is quite different from other sectors of the economy. Many health economists specialize in specific clinical areas, such as oncology, cardiology, or mental health.
Health Economists[edit | edit source]
Health economists evaluate multiple types of financial information: costs, charges and expenditures. As a result, they are interested in less tangible factors, such as how medical treatments, whether drugs or surgery, are valued, how the value of treatment is perceived, and how value may be increased.
Economic Evaluations[edit | edit source]
Economic evaluations of healthcare interventions typically focus on cost-effectiveness and cost-utility analyses. These types of analysis compare the costs of interventions with their outcomes, in order to inform decisions about resource allocation.
Health Financing[edit | edit source]
Health financing involves the "generation, allocation and use of resources in the health sector". It includes the mobilization of funds, the allocation of funds to the regions and population groups and for specific types of health services, and the management of health financial resources.
Health Policy[edit | edit source]
Health policy refers to decisions, plans, and actions that are undertaken to achieve specific health care goals within a society. It outlines priorities and the expected roles of different groups; it builds consensus and informs people.
See Also[edit | edit source]
References[edit | edit source]
 | |
|---|---|
 |
 |
World Health Expenditure as Share of Global GDP
How much did the UK spend on healthcare in 2012?
Health Economics Plumbing
Health Care Cost Rise
Health Expenditure by Function in OECD
OECD Health Expenditure per Capita by Country
Life Expectancy vs Healthcare Spending
Transform your life with W8MD's budget GLP1 injections from $125 and up biweekly
W8MD offers a medical weight loss program NYC and a clinic to lose weight in Philadelphia. Our W8MD's physician supervised medical weight loss centers in NYC provides expert medical guidance, and offers telemedicine options for convenience.
Why choose W8MD?
- Comprehensive care with FDA-approved weight loss medications including:
- loss injections in NYC both generic and brand names:
- weight loss medications including Phentermine, Qsymia, Contrave, Diethylpropion etc.
- Accept most insurances for visits or discounted self pay cost.
- Generic weight loss injections starting from just $125.00 for the starting dose
- In person weight loss NYC and telemedicine medical weight loss options in New York city available
Book Your Appointment
Start your NYC weight loss journey today at our NYC medical weight loss, and Philadelphia and visit Philadelphia medical weight loss Call (718)946-5500 for NY and 215 676 2334 for PA
Search WikiMD
Ad.Tired of being Overweight? Try W8MD's NYC physician weight loss.
Semaglutide (Ozempic / Wegovy and Tirzepatide (Mounjaro / Zepbound) available. Call 718 946 5500.
Advertise on WikiMD
|
WikiMD's Wellness Encyclopedia |
| Let Food Be Thy Medicine Medicine Thy Food - Hippocrates |
Translate this page: - East Asian
中文,
日本,
한국어,
South Asian
हिन्दी,
தமிழ்,
తెలుగు,
Urdu,
ಕನ್ನಡ,
Southeast Asian
Indonesian,
Vietnamese,
Thai,
မြန်မာဘာသာ,
বাংলা
European
español,
Deutsch,
français,
Greek,
português do Brasil,
polski,
română,
русский,
Nederlands,
norsk,
svenska,
suomi,
Italian
Middle Eastern & African
عربى,
Turkish,
Persian,
Hebrew,
Afrikaans,
isiZulu,
Kiswahili,
Other
Bulgarian,
Hungarian,
Czech,
Swedish,
മലയാളം,
मराठी,
ਪੰਜਾਬੀ,
ગુજરાતી,
Portuguese,
Ukrainian
Medical Disclaimer: WikiMD is not a substitute for professional medical advice. The information on WikiMD is provided as an information resource only, may be incorrect, outdated or misleading, and is not to be used or relied on for any diagnostic or treatment purposes. Please consult your health care provider before making any healthcare decisions or for guidance about a specific medical condition. WikiMD expressly disclaims responsibility, and shall have no liability, for any damages, loss, injury, or liability whatsoever suffered as a result of your reliance on the information contained in this site. By visiting this site you agree to the foregoing terms and conditions, which may from time to time be changed or supplemented by WikiMD. If you do not agree to the foregoing terms and conditions, you should not enter or use this site. See full disclaimer.
Credits:Most images are courtesy of Wikimedia commons, and templates, categories Wikipedia, licensed under CC BY SA or similar.
Contributors: Prab R. Tumpati, MD
