Cost Effectiveness Analysis

The cost-effectiveness analysis is a method used to examine in contrast the costs and results of two or more interventions with the same objective. The cost-effectiveness analysis is beneficial for correlating responses when dealing with or discussing similar health issues in a natural unit such as deaths, sickness, prevention of burns, and the monetary costs of these interventions.

This article was quite different from the previous articles I have read in the class as it poses methods for physicians to analyze treatment benefits. Similar to what we learned in class, the article discusses different types of economic analysis as well as the different types of costs associated with treatments. Although I think that considering economic analysis is a great way for physicians to provide the most beneficial treatment, I

The Commission assessed priority levels on three factors: 1) the expected net benefit received from the treatment, 2) the anticipated length of this benefit, and 3) the costs directly associated with providing the service1. The costs were compared to the benefit of receiving the given service on a patient’s overall quality of life1. This goal was seen as an ideal scenario for those on the committee to render as many services as possible with the best health-cost ratio. The reasoning behind CEA and its benefits is based on the theory of utilitarianism.

To Kill a Mockingbird is a modern classic by Harper Lee that goes over the themes of prejudice, social inequality, family values, racism, conflict, and morality. The novel exposes people to the reality of racism and encourages them to confront and fight against discrimination for a just community. The story narrates the early years of Scout and Jem Finch while having their father defend a black man who had been accused of rape. Prejudice is a significant theme of “To Kill a Mockingbird” and is presented throughout the novel in many different forms. Prejudice is a destructive force in the town of Maycomb that ruins the lives of innocent people, solely due to the way they are perceived.

Medicare focuses on medical acute care such as doctors visit, hospital stays and drugs. Also, it focuses on short-term services such as physical therapy after a fall or stroke (U.S. Department of Health & Human Services, 2013). Medicare covers services for long term care such as short stay in a skilled nursing facility, home heath services and hospice/respite care, but it does not cover costs for personal/custodial care such as help with bathing, dressing, eating, etc.. In 2015, Forbes reported that Medicare will pay for some of the costs only if a patient meets the following conditions:

The AHRQ organization has several portfolios’ that are funded and supports research projects. Such portfolios are information technology, health patient safety, prevention and care management, and value portfolios. Within these portfolio’s, grants are there to fund new projects that relate to each category. Within each portfolio, research has been started and effectiveness of these projects is underway. Some clinical research projects are a set of priority conditions of importance to the Medicaid, Medicare, and SCHIP programs. Projected initiatives are to improve quality of care. The Value portfolio finds ways to reduce unnecessary cost and waste while maintaining or improving quality without adding cost which is a critical, national need (2012, p.5).

The new intervention that I would like to implement at Huther Doyle is meditation. Using meditation and mindfulness will help patients be able to center themselves and provide a time for centering in their hectic lives. Normal group sessions are two hours long. When implementing meditation the same length of group time will be necessary for billing purposes. The two hour session will be distributed with the first 30 minutes consisting of meditation and the last hour and a half consisting of discussion. The meditation will be lead by the primary group counselor or myself. The

In a world of increasing competition for health resources economic evaluations are essential to provide evidence to decision makers that allows them to make appropriate decisions regarding the best use of those resources (Cohen and Reynolds, 2008; Williams et al., 2008). Critical appraisal is the means by which the validity of this research is assessed and is essential for true evidence based practice, and decision-making (Burls, 2009; Ciliska, Thomas and Buffett, 2008).

Cost-benefit, cost-effectiveness and cost-utility analyses are forms of economic evaluation which are useful in health economics for comparing costs and allocating resources. Health economics is widely relevant to governments and the health sector in implementation of new policy, as it concerns the allocation of resources in the context of a limited budget, or 'scarcity'. Economic evaluation is a potential tool for setting priorities in health, though it is only one of many potential criteria, including overall budget and public attitudes and wants. Economic evaluation is already in use in some settings, such as in pharmaceutical company proposals for government subsidisation, but there is room for expansion across the field of

Against a background of increasing demands on limited resources, health economics is exerting an influence on decision making at all levels of health care. Health economics seeks to facilitate decision making by offering an explicit decision making framework based on the principle of efficiency. It is not the only consideration but it is an important one and practitioners will need to have an understanding of its basic principles and how it can impact on clinical decision making.

A cost-benefit analysis is a formal way of analyzing the advantages and disadvantages of one thing as opposed to another where the results are in dollar-and-cents. In addition, a cost-benefit analysis allows people to make better decisions.11 A cost-benefit analysis is different from a program evaluation. A program evaluation will answer the question: Does this program work? The cost-benefit analysis, however, ask, does the dollar value of a program’s demonstrated level of success exceed the cost of the program? Additionally, how does one program’s economic bottom line compare to another similarly analyzed program? A cost-benefit analysis of juvenile re-entry and prevention programs involves estimating the dollar value of the reduction in recidivism.11 An efficient cost-benefit analysis seeks to determine the long-run cost and benefits of one program over another program and offers policy alternatives.

Efficiency: Efficiency measures whether healthcare services are being utilized to get the best esteem for cash. Healthcare can be seen a transitional item, in the feeling of being a way to the end of enhanced health. Efficiency is worried with the connection between asset inputs and either moderate yields or last health results. Although numerous assessments use intermediate as a measure of effectiveness, this can prompt problematic suggestions. Preferably financial assessments ought to concentrate on definite health results.

The first step in Cellini and Kee's framework is to determine if the analysis will be cost-benefit or cost-effectiveness. Cost benefit analysis is considered by the authors to be the superior technique (p.496) so that is what will be used. The

Laws and regulations vary from nation to nation. Attitudes towards the capitalism, as well, vary from person to person. The death penalty, it seems, has become more debatable topic than ever. Although some people think capital punishment, just like death penalty, is a inhuman act which against human 's rights for life and it is too cruel to give the criminals another chance to live a new life. I suppose capital punishment is still an effective way to deter violent criminals, because it can give comfort to the victims and their families. Also, death penalty gives citizens the right message, that is, punishment is proportionate to crimes. And from economically speaking, it saves a lot of money by sentencing murderers to death rather than sentencing them to life imprisonment. So in my observation, I strongly oppose the abolition of death penalty, and this paper will seek to prove that death penalty has to be preserved and impletmented as a valid means of prevention serious crimes.

in Indian CinemaInnovative women roles in Indian films, especially mainstream cinema, are few and far between. Some creative directors, working within the mainstream format, however have given us some meaty characters. Several women-significant films were made in the early days of Indian cinema like "Achchyut Kanya," which touched the theme of untouchability. Bimal Roy made a few films inspired by the novels of Sarat Chatterjee like "Biraj Bou", "Devdas" and "Parineeta." "Biraj Bou" was a film based on a selfless Indian woman, who endured hardship and pain for the sake of her husband. Films like "Ramer Sumoti," based on a Sarat Chaterjee work, were remarkable and depicted the love and warmth which