Discuss cost-minimization analysis

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Reference no: EM133623350

Assignment:

Choose three programs or products, with one evaluation from each of these organizations. Discuss the key methods and issues summarized in our textbook, chapter. Compare the economic valuation assessments you have selected, with one from each of these organizations. What are the strengths and weaknesses of these assessments, and how could they be improved? Consider the approaches described, including Cost-Minimization Analysis, Cost-Effectiveness Analysis, Cost-Benefit Analysis, and Cost- Utility Analysis. Refer to the relevant metrics, such as QALYs, etc.

Economics Valuation Methods Health Economics Valuation Organizations Read our textbook, "Economic Analysis of Clinical and Managerial Interventions." Study the websites below for these four organizations: National Institute for Health and Care Excellence (UK's NICE), Institute for Clinical and Economic Review (ICER, in the U.S., note, some people wanted to add the word "National" to its name, so it would be "NICER," the Patient-Centered Outcomes Research Institute, PCORI, and MedPac, the Medicare Payment Advisory Commission (MedPAC).

Reference no: EM133623350

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