Economic analyses of clinical

Reference no: EM13269862

1. Why have economic analyses of clinical and administrative innovations become more important?

2. Why is cost-minimization analysis most likely to be useful for managers?

3. A clinic finds that by eliminating appointments it can reduce costs. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is available, so there is virtually no down time. Does this analysis adopt a societal view of costs? Why might this analysis result in a bad managerial decision?a

Reference no: EM13269862

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