Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending

The aim of this study is to address the challenges of using cost-effectiveness analysis (CEA) by decision-makers in rationalizing health care public spending. Firstly, it presents a brief literature review on the necessity of using cost-effectiveness analysis. Also, the paper focuses on ways of meas...

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Main Author: Anca-Stefania SAVA
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2011-06-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.ann.ugal.ro/eco/Doc2011_2/AncaSava.pdf
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author Anca-Stefania SAVA
author_facet Anca-Stefania SAVA
author_sort Anca-Stefania SAVA
collection DOAJ
description The aim of this study is to address the challenges of using cost-effectiveness analysis (CEA) by decision-makers in rationalizing health care public spending. Firstly, it presents a brief literature review on the necessity of using cost-effectiveness analysis. Also, the paper focuses on ways of measuring health outcomes and costs, analyzing the evolution of public expenditures on health care after 1990 in Romania, in comparison with those of the European Member States, in monetary terms, but also on the basis of some internal efficiency indicators. Even if there are many limitations concerning the implementation of this analysis and many studies labeled as CEAs in the health-care literature often offer only partial program evaluation, basing only on resource costs, CEA is helpful and necessary in setting priorities when choices must be made in the face of limited resources.
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spelling doaj.art-f3e8937d830f4d15968087de4f2348982022-12-21T20:16:04ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04092011-06-01125560Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public SpendingAnca-Stefania SAVAThe aim of this study is to address the challenges of using cost-effectiveness analysis (CEA) by decision-makers in rationalizing health care public spending. Firstly, it presents a brief literature review on the necessity of using cost-effectiveness analysis. Also, the paper focuses on ways of measuring health outcomes and costs, analyzing the evolution of public expenditures on health care after 1990 in Romania, in comparison with those of the European Member States, in monetary terms, but also on the basis of some internal efficiency indicators. Even if there are many limitations concerning the implementation of this analysis and many studies labeled as CEAs in the health-care literature often offer only partial program evaluation, basing only on resource costs, CEA is helpful and necessary in setting priorities when choices must be made in the face of limited resources.http://www.ann.ugal.ro/eco/Doc2011_2/AncaSava.pdfHealth carePublic spendingPriority settingCost-effectiveness analysis
spellingShingle Anca-Stefania SAVA
Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Health care
Public spending
Priority setting
Cost-effectiveness analysis
title Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending
title_full Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending
title_fullStr Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending
title_full_unstemmed Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending
title_short Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending
title_sort challenges of using cost effectiveness analysis in rationalizing health care public spending
topic Health care
Public spending
Priority setting
Cost-effectiveness analysis
url http://www.ann.ugal.ro/eco/Doc2011_2/AncaSava.pdf
work_keys_str_mv AT ancastefaniasava challengesofusingcosteffectivenessanalysisinrationalizinghealthcarepublicspending