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Health economics--concepts and conceptual problems.

S K Satpathy, R D Bansal

    Health and Population; Perspectives and Issues
    |December 12, 1981
    PubMed
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    Health economics is a growing field focusing on the financial aspects of healthcare. Studies in hospitals and health centers are crucial for standardizing concepts and integrating health economics into medical education.

    Area of Science:

    • Health Economics
    • Healthcare Management
    • Health Program Evaluation

    Background:

    • Growing awareness of the economic impact of health and disease.
    • Limited resources necessitate efficient healthcare allocation.
    • Emergence of health economics as a critical discipline.

    Purpose of the Study:

    • To discuss various concepts and challenges within health economics.
    • To highlight the importance of health economic studies in practice.
    • To advocate for the inclusion of health economics in medical curricula.

    Main Methods:

    • Discussion of established health economic methodologies.
    • Exploration of cost accounting, cost-benefit, and cost-effectiveness analyses.
    • Review of current practices in health management and program evaluation.
    Keywords:
    Cost Benefit AnalysisCurriculumDelivery Of Health CareEcologyEconomic FactorsEconomicsEducationEvaluationFinancial ActivitiesHealthHealth And Welfare PlanningHealth PersonnelHealth Services AdministrationHealth Status IndexesManagementOrganization And AdministrationPhilosophical OverviewQuantitative EvaluationRecommendationsSocial PlanningSocial SciencesSocioeconomic FactorsTraining ProgramsWho

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    Main Results:

    • Cost accounting, cost-benefit, and cost-effectiveness methods are integral to health management.
    • Health economic studies are essential for evaluating health programs.
    • Standardization of health economics concepts requires more empirical studies.

    Conclusions:

    • Increased health economic studies in hospitals and health centers are recommended.
    • Such studies will facilitate the standardization of health economics concepts.
    • Health economics should be a fundamental part of medical education.