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Related Experiment Videos

Allocating resources.

M F Drummond1

  • 1University of Birmingham.

International Journal of Technology Assessment in Health Care
|January 1, 1990
PubMed
Summary
This summary is machine-generated.

This review covers economic evaluation methods for health technologies, emphasizing marginal cost-benefit analysis. Established methodologies ensure impact, but timeliness and relevance are key for maximum effectiveness.

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Area of Science:

  • Health Economics
  • Health Technology Assessment

Background:

  • Economic evaluation is crucial for prioritizing health technologies.
  • Assessing costs and benefits at the margin is a key principle.

Purpose of the Study:

  • To review methods for economic evaluation of health technology.
  • To discuss approaches for analyzing health technology priorities.
  • To identify managerial and policy issues in health technology assessment.

Main Methods:

  • Review of established economic evaluation methodologies.
  • Analysis of cost-benefit assessment at the margin.
  • Discussion of prioritization approaches in health economics.

Main Results:

  • A clear methodology for economic evaluation of health technologies exists.

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  • Key managerial and policy issues have been identified.
  • The importance of marginal cost-benefit analysis is stressed.

    • Conclusions:

    • Established methodologies provide a foundation for economic evaluation.
    • Further methodological improvements are possible.
    • Timeliness and relevance are critical for maximizing the impact of economic evaluations.