ECONOMIC EVALUATION

Jan 05 2025HEALTH

Calculating the Economic Toll of Food Poisoning: A Comparison of Methods

When it comes to foodborne illnesses (FBI), the economic damage can be huge, especially in developed countries. One of the biggest hits is the loss of productivity. This happens when people miss work because they're sick, aren't as efficient when they do work, or have long-term health problems that keep them from working. To figure out how much this costs, economist...

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Dec 14 2024HEALTH

Decoding Health Economics: A Beginner's Journey

Health economics is all about making smart healthcare choices based on facts. One of its superpowers is economic evaluations. These help us compare how much healthcare treatments cost with how well they work. The main goal is to help healthcare professionals and policymakers make better decisions. This is the first part of a series that makes these big ideas simpler....

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Nov 12 2024HEALTH

Why Economic Evaluations Matter in Pediatric Hospital Care

In the ever-evolving world of hospital medicine, decisions about adopting or dropping medical interventions are crucial. These choices span a wide range, from tests and treatments to entire care models. Traditionally, the focus has been on the direct impact on patient outcomes, benefits, and potential harms. However, as resources become more limited, it's essential t...

reading time about 1 minute