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1. A study published in BMC Health Services Research in October 2008 considered the cost- effectiveness of assisting general practitioners in management of patients with diabetes by use of a centralized database of clinical data to coordinate care. Based on five years of data a simulation model was used to predict patient outcomes and complications up to the time of death. The per-patient increase in costs due to the program were estimated to be $3,000. Quality-adjusted life years were calculated to be 8.5 years for those in the program and 8.2 years for those not in the program. A year of perfect health is felt to be worth $50,000. (a) Perform a cost-benefit analysis of the program. What do you conclude? i.e is the program worthwhile or not? (Hint MB Vs MC) (b) Perform a cost-utility analysis of the program. What do you conclude? i.e is the program worthwhile or not?

1. A study published in BMC Health Services Research in October 2008 considered the cost- effectiveness of assisting general practitioners in management of patients with diabetes by use of a centralized database of clinical data to coordinate care. Based on five years of data a simulation model was used to predict patient outcomes and complications up to the time of death. The per-patient increase in costs due to the program were estimated to be $3,000. Quality-adjusted life years were calculated to be 8.5 years for those in the program and 8.2 years for those not in the program. A year of perfect health is felt to be worth $50,000. (a) Perform a cost-benefit analysis of the program. What do you conclude? i.e is the program worthwhile or not? (Hint MB Vs MC) (b) Perform a cost-utility analysis of the program. What do you conclude? i.e is the program worthwhile or not?

Human Anatomy & Physiology (11th Edition)
Human Anatomy & Physiology (11th Edition)
11th Edition
ISBN:9780134580999
Author:Elaine N. Marieb, Katja N. Hoehn
Publisher:Elaine N. Marieb, Katja N. Hoehn
Chapter1: The Human Body: An Orientation
Section: Chapter Questions
Problem 1RQ: The correct sequence of levels forming the structural hierarchy is A. (a) organ, organ system,...
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1. A study published in BMC Health Services Research in October 2008 considered the cost- effectiveness of assisting general practitioners in management of patients with diabetes by use of a centralized database of clinical data to coordinate care. Based on five years of data a simulation model was used to predict patient outcomes and complications up to the time of death. The per-patient increase in costs due to the program were estimated to be $3,000. Quality-adjusted life years were calculated to be 8.5 years for those in the program and 8.2 years for those not in the program. A year of perfect health is felt to be worth $50,000. (a) Perform a cost-benefit analysis of the program. What do you conclude? i.e is the program worthwhile or not? (Hint MB Vs MC) (b) Perform a cost-utility analysis of the program. What do you conclude? i.e is the program worthwhile or not? This problem has been solvedl
Transcribed Image Text:1. A study published in BMC Health Services Research in October 2008 considered the cost- effectiveness of assisting general practitioners in management of patients with diabetes by use of a centralized database of clinical data to coordinate care. Based on five years of data a simulation model was used to predict patient outcomes and complications up to the time of death. The per-patient increase in costs due to the program were estimated to be $3,000. Quality-adjusted life years were calculated to be 8.5 years for those in the program and 8.2 years for those not in the program. A year of perfect health is felt to be worth $50,000. (a) Perform a cost-benefit analysis of the program. What do you conclude? i.e is the program worthwhile or not? (Hint MB Vs MC) (b) Perform a cost-utility analysis of the program. What do you conclude? i.e is the program worthwhile or not? This problem has been solvedl
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