Search research articles

ABOUT JoVE

Overview Leadership Blog JoVE Help Center

AUTHORS

Publishing Process Editorial Board Scope & Policies Peer Review FAQ Submit

LIBRARIANS

Testimonials Subscriptions Access Resources Library Advisory Board FAQ

RESEARCH

JoVE Journal Methods Collections JoVE Encyclopedia of Experiments Archive

EDUCATION

JoVE Core JoVE Business JoVE Science Education JoVE Lab Manual Faculty Resource Center Faculty Site

Terms & Conditions of Use

Related Concept Videos

Decision Making: P-value Method

Decision Making: P-value Method

The process of hypothesis testing based on the P-value method includes calculating the P- value using the sample data and interpreting it.
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can have a...

Expected Value

Expected Value

The expected value is known as the "long-term" average or mean. This means that over the long term of experimenting over and over, you would expect this average. The expected average is represented by the symbol μ. It is calculated as follows:In the equation, x is an event, and P(x) is the probability of the event occurring.The expected value has practical applications in decision theory.This text is adapted from Openstax, Introductory Statistics, Section 4.2 Mean or Expected Value and...

Applications of Integration to Find Consumer Surplus

Applications of Integration to Find Consumer Surplus

In microeconomics, consumer surplus represents the economic gain that consumers experience when they purchase a good or service for less than the highest price they are willing to pay. This surplus arises from the characteristics of the demand function, which links the quantity of a good to the price consumers are willing to pay. As the quantity of a good increases, the price that consumers are willing to pay for each additional unit typically decreases, resulting in a downward-sloping demand...

Quantifying Work

Quantifying Work

As a system undergoes a change, its internal energy can change, and energy can be transferred from the system to the surroundings, or from the surroundings to the system.

Actuarial Approach

Actuarial Approach

The actuarial approach, a statistical method originally developed for life insurance risk assessment, is widely used to calculate survival rates in clinical and population studies. This method accounts for participants lost to follow-up or those who die from causes unrelated to the study, ensuring a more accurate representation of survival probabilities.
Consider the example of a high-risk surgical procedure with significant early-stage mortality. A two-year clinical study is conducted,...

Production Efficiency

Production Efficiency

Net production efficiency (NPE) is the efficiency at which organisms assimilate energy into biomass for the next trophic level. Due to low metabolic rates and less energy spent on thermoregulatory processes, the NPE of ectotherms (cold-blooded animals) is 10 times higher than endotherms (warm-blooded animals).

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by

Same author

The use of coaching to improve peri-operative efficiencies: the Ontario experience.

Healthcare quarterly (Toronto, Ont.)·2009

Same author

Chronic disease prevention and management: some uncomfortable questions.

HealthcarePapers·2007

Same author

Evaluating outcomes in Ontario's Wait Time Strategy: Part 4.

Healthcare quarterly (Toronto, Ont.)·2007

Same author

The pivotal role of critical care and surgical efficiencies in supporting Ontario's Wait Time Strategy: Part 3.

Healthcare quarterly (Toronto, Ont.)·2006

Same author

Has Ontario's Stroke System really made a difference?

Healthcare quarterly (Toronto, Ont.)·2006

Same author

Developing a culture to sustain Ontario's Wait Time Strategy.

HealthcarePapers·2006

Search research articles

Related Experiment Video

Updated: Jun 17, 2026

Studying Food Reward and Motivation in Humans

Studying Food Reward and Motivation in Humans

Published on: March 19, 2014

Contributing to the value-for-money challenge.

¹Independent Healthcare Consultant.

Healthcarepapers

|January 9, 2010

Summary

This summary is machine-generated.

Addressing healthcare’s value-for-money challenge requires focusing on simpler questions and ensuring accountability. Information technology is crucial, but public funds demand transparency in its use.

More Related Videos

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Published on: March 2, 2011

Related Experiment Videos

Last Updated: Jun 17, 2026

Studying Food Reward and Motivation in Humans

Studying Food Reward and Motivation in Humans

Published on: March 19, 2014

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Combining Behavioral Endocrinology and Experimental Economics: Testosterone and Social Decision Making

Published on: March 2, 2011

Area of Science:

Health Economics
Health Policy Analysis
Healthcare Management

Background:

The study responds to McGrail, Zierler, and Ip's analysis of the value-for-money challenge in healthcare.
It emphasizes the need for a new perspective on articulating and measuring healthcare value.

Discussion:

Focusing on simpler questions can yield more immediate progress in understanding healthcare value.
Healthcare priorities are often influenced by what is rewarded rather than intrinsic value.
Provincial successes, like Ontario's Wait Times Information System, offer models for a pan-Canadian health information strategy.

Key Insights:

Information technology is an essential enabler for healthcare systems.
Accountability and appropriateness in the use of public funds are paramount.
Research and evaluation must align with the practical knowledge needs of decision-makers.

Outlook:

Future efforts should prioritize practical, achievable steps in defining healthcare value.
Integrating information technology and ensuring accountability will be critical for system improvement.
Developing robust health information strategies requires learning from existing provincial initiatives.