Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare

Saba Madae'en; Mohammad Adeinat

doi:doi:10.11648/j.ijber.20180706.15

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Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare

Saba Madae'en, Mohammad Adeinat

Published in International Journal of Business and Economics Research (Volume 7, Issue 6)

Received: 28 October 2018 Accepted: 26 November 2018 Published: 20 December 2018

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Abstract

Financing health care has remained a challenge to the governments for a long time. There seems to be very high investment in health by the governments, and inappropriate allocation of resources within the government health budget would cause inefficiency and waste in resources. Given that health is a basic human right, the health situation remains a significant concern for the policy makers. guidance by health economics research will make more efficient reforms and polices in light of accurate information. The understanding and knowledge in the indicators for healthcare economics will help make better study methodologies and give better useful results. In this paper we listed possible methods of classifying health programs costs and we listed the major healthcare and public health indicators. In addition, we discuss the classification of health programs costs and the importance of cost analysis.

Published in	International Journal of Business and Economics Research (Volume 7, Issue 6)
DOI	10.11648/j.ijber.20180706.15
Page(s)	212-217
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Econometric Indicators, Health and Healthcare, Health Cost Analysis, Quality of Life Indicator

References

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[4]	C.-E. A. Winslow, "The Untilled Fields of Public Health," Science, vol. 51, pp. 23-33, 1920.
[5]	WHO, "Health Topics: Health Systems," 2018.
[6]	S. Folland, A. Goodman and M. Stano, The Economics of Health and Health Care, 5 ed., New Jersey: Pearson, 2007.
[7]	M. Grossman, "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, vol. 80, pp. 223-255, 1972.
[8]	OECD, "Health expenditure indicators," 2014.
[9]	A. Dang, N. Likhar and U. Alok, "Importance of Economic Evaluation in Health Care: An Indian Perspective," Value in Health Regional Issues, vol. 9, pp. 78-83, 2016.
[10]	"Monitoring, evaluation and review of national health strategies: a country-led platform for information and accountability.," 2011.
[11]	D. Husereau, M. Drummond, S. Petrou, C. Carswell, D. Moher, D. Greenberg, F. Augustovski, A. H. Briggs, J. Mauskopf and E. Loder, "Consolidated Health Economic Evaluation Reporting Standards (CHEERS)—Explanation and Elaboration: A Report of the ISPOR Health Economic Evaluation Publication Guidelines Good Reporting Practices Task Force," Value in Health, vol. 16, pp. 231-250, 2013.
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APA Style

Saba Madae'en, Mohammad Adeinat. (2018). Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare. International Journal of Business and Economics Research, 7(6), 212-217. https://doi.org/10.11648/j.ijber.20180706.15

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ACS Style

Saba Madae'en; Mohammad Adeinat. Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare. Int. J. Bus. Econ. Res. 2018, 7(6), 212-217. doi: 10.11648/j.ijber.20180706.15

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AMA Style

Saba Madae'en, Mohammad Adeinat. Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare. Int J Bus Econ Res. 2018;7(6):212-217. doi: 10.11648/j.ijber.20180706.15

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@article{10.11648/j.ijber.20180706.15,
  author = {Saba Madae'en and Mohammad Adeinat},
  title = {Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare},
  journal = {International Journal of Business and Economics Research},
  volume = {7},
  number = {6},
  pages = {212-217},
  doi = {10.11648/j.ijber.20180706.15},
  url = {https://doi.org/10.11648/j.ijber.20180706.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20180706.15},
  abstract = {Financing health care has remained a challenge to the governments for a long time. There seems to be very high investment in health by the governments, and inappropriate allocation of resources within the government health budget would cause inefficiency and waste in resources. Given that health is a basic human right, the health situation remains a significant concern for the policy makers. guidance by health economics research will make more efficient reforms and polices in light of accurate information. The understanding and knowledge in the indicators for healthcare economics will help make better study methodologies and give better useful results. In this paper we listed possible methods of classifying health programs costs and we listed the major healthcare and public health indicators. In addition, we discuss the classification of health programs costs and the importance of cost analysis.},
 year = {2018}
}

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TY  - JOUR
T1  - Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare
AU  - Saba Madae'en
AU  - Mohammad Adeinat
Y1  - 2018/12/20
PY  - 2018
N1  - https://doi.org/10.11648/j.ijber.20180706.15
DO  - 10.11648/j.ijber.20180706.15
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 212
EP  - 217
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20180706.15
AB  - Financing health care has remained a challenge to the governments for a long time. There seems to be very high investment in health by the governments, and inappropriate allocation of resources within the government health budget would cause inefficiency and waste in resources. Given that health is a basic human right, the health situation remains a significant concern for the policy makers. guidance by health economics research will make more efficient reforms and polices in light of accurate information. The understanding and knowledge in the indicators for healthcare economics will help make better study methodologies and give better useful results. In this paper we listed possible methods of classifying health programs costs and we listed the major healthcare and public health indicators. In addition, we discuss the classification of health programs costs and the importance of cost analysis.
VL  - 7
IS  - 6
ER  -

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Author Information

Saba Madae'en

Department of Biopharmaceutical and Clinical Pharmacy, University of Jordan, Amman, Jordan; Department of Economics, University of Jordan, Amman, Jordan
Mohammad Adeinat

Department of Economics, University of Jordan, Amman, Jordan

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APA Style

Saba Madae'en, Mohammad Adeinat. (2018). Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare. International Journal of Business and Economics Research, 7(6), 212-217. https://doi.org/10.11648/j.ijber.20180706.15

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ACS Style

Saba Madae'en; Mohammad Adeinat. Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare. Int. J. Bus. Econ. Res. 2018, 7(6), 212-217. doi: 10.11648/j.ijber.20180706.15

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AMA Style

Saba Madae'en, Mohammad Adeinat. Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare. Int J Bus Econ Res. 2018;7(6):212-217. doi: 10.11648/j.ijber.20180706.15

Copy | Download

@article{10.11648/j.ijber.20180706.15,
  author = {Saba Madae'en and Mohammad Adeinat},
  title = {Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare},
  journal = {International Journal of Business and Economics Research},
  volume = {7},
  number = {6},
  pages = {212-217},
  doi = {10.11648/j.ijber.20180706.15},
  url = {https://doi.org/10.11648/j.ijber.20180706.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20180706.15},
  abstract = {Financing health care has remained a challenge to the governments for a long time. There seems to be very high investment in health by the governments, and inappropriate allocation of resources within the government health budget would cause inefficiency and waste in resources. Given that health is a basic human right, the health situation remains a significant concern for the policy makers. guidance by health economics research will make more efficient reforms and polices in light of accurate information. The understanding and knowledge in the indicators for healthcare economics will help make better study methodologies and give better useful results. In this paper we listed possible methods of classifying health programs costs and we listed the major healthcare and public health indicators. In addition, we discuss the classification of health programs costs and the importance of cost analysis.},
 year = {2018}
}

Copy | Download

TY  - JOUR
T1  - Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare
AU  - Saba Madae'en
AU  - Mohammad Adeinat
Y1  - 2018/12/20
PY  - 2018
N1  - https://doi.org/10.11648/j.ijber.20180706.15
DO  - 10.11648/j.ijber.20180706.15
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 212
EP  - 217
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20180706.15
AB  - Financing health care has remained a challenge to the governments for a long time. There seems to be very high investment in health by the governments, and inappropriate allocation of resources within the government health budget would cause inefficiency and waste in resources. Given that health is a basic human right, the health situation remains a significant concern for the policy makers. guidance by health economics research will make more efficient reforms and polices in light of accurate information. The understanding and knowledge in the indicators for healthcare economics will help make better study methodologies and give better useful results. In this paper we listed possible methods of classifying health programs costs and we listed the major healthcare and public health indicators. In addition, we discuss the classification of health programs costs and the importance of cost analysis.
VL  - 7
IS  - 6
ER  -

Copy | Download