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  • Types of Analysis The Value of Human Life

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    Trisha Fae Loyola Balagot
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    Clinical economics evaluates the costs and benefits of different nursing interventions and healthcare options. There are three main types of analysis: cost identification determines the price of an intervention, cost-benefit compares the pros and cons in monetary terms, and cost-effectiveness finds the most affordable option. While human life is invaluable, cost-effectiveness analysis aims to allocate healthcare resources prudently by considering the financial costs of alternative treatments.

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    Health Econimics Chapter 3

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    Clinical economics evaluates the costs and benefits of different nursing interventions and healthcare options. There are three main types of analysis: cost identification determines the price of an intervention, cost-benefit compares the pros and cons in monetary terms, and cost-effectiveness finds the most affordable option. While human life is invaluable, cost-effectiveness analysis aims to allocate healthcare resources prudently by considering the financial costs of alternative treatments.

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    7 views1 page

    Types of Analysis The Value of Human Life

    Uploaded by

    Trisha Fae Loyola Balagot
    Clinical economics evaluates the costs and benefits of different nursing interventions and healthcare options. There are three main types of analysis: cost identification determines the price of an intervention, cost-benefit compares the pros and cons in monetary terms, and cost-effectiveness finds the most affordable option. While human life is invaluable, cost-effectiveness analysis aims to allocate healthcare resources prudently by considering the financial costs of alternative treatments.

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    of 1

    Clinical Economics

    -is a particular type of an economic


    evaluation that assists in health-care
    decision making by assessing the relative
    merits of alternative causes of nursing
    actions of interventions
    Types of Analysis
    Cost Identification Analysis
    -addresses the question of how much
    something costs
    Cost-benefit Analysis

    -replicates in proper balancing of pros and


    cons, of advantages and disadvantages that
    occurs implicitly in the marketplace
    Cost-effectiveness Analysis
    -decision making analysis to determine which
    alternatives are cheaper
    The Value of Human Life
    Putting Price Tag in Life

    Can we really put value (costs) to human


    life?

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