Supply of Health Services

Monopoly and competition in health care supply; models of
health care institutions (hospitals, nursing homes; for-profit, non-profit); care in the community: long term care, informal care; ambulance services; managed care; health care produc- tion functions; cost functions; economies of scale and scope; quality of care; regulation and price controls; the pharmaceu- tical and medical equipment industries.

Opportunity costs, marginal productivity, and cost-effectiveness thresholds: providing useful analysis and communicating results

In our first post, we explained opportunity cost, marginal productivity (of a healthcare system), net benefit, and cost-effectiveness threshold. In this post, we put forward our views on how to use cost-effectiveness thresholds and the… Read More »Opportunity costs, marginal productivity, and cost-effectiveness thresholds: providing useful analysis and communicating results

Opportunity costs, marginal productivity, and cost-effectiveness thresholds: what are they and how are they related?

In this post, we explain key concepts of cost-effectiveness analysis in healthcare and how they are linked: opportunity cost, marginal productivity (of a healthcare system), net benefit, and cost-effectiveness threshold. In another post, to be… Read More »Opportunity costs, marginal productivity, and cost-effectiveness thresholds: what are they and how are they related?