What is economic evaluation?

Health care decisions can be difficult, but with the help of Economic Evaluation, they can be made more informed and effective. It is the process of measuring the cost and benefits of a proposed health care intervention. This can be done in a variety of ways, depending on the specific needs of the situation. For example, an economics of a health care policy might measure the cost of implementing the policy, the cost of health care benefits, and the cost of healthcare-associated outcomes.

Additionally, economic evaluation can measure public health outcomes, such as reductions in tobacco use or improved public health systems. The results of an evaluation can help prevent waste and abuse in healthcare systems while helping to make better decisions that benefit everyone involved. So, what are you waiting for? Get started on your next crunch lab today!

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