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This title was first published in 2002. Most of those working in
health services are aware of scarcity and the need for choice, and
many also know that health sector choices in the future may be made
on a "cost per quality-adjusted-life-year" (QALY) basis. This
volume explains health service choice, focusing in particular on
the QALY success story, and the merits and drawbacks of this
measure are explained. On the basis of some of the problems
identified, a new QALY-based approach to resource allocation is
developed, and other methods of priority setting are explained,
ranging from heart surgery to Alzheimer's Disease. The author
explains the problems of health sector choice from first
principles, in an approach that should be particularly useful to
healthcare professionals, pharmaceutical industry managers, and
students of economics.
This title was first published in 2002. Most of those working in
health services are aware of scarcity and the need for choice, and
many also know that health sector choices in the future may be made
on a "cost per quality-adjusted-life-year" (QALY) basis. This
volume explains health service choice, focusing in particular on
the QALY success story, and the merits and drawbacks of this
measure are explained. On the basis of some of the problems
identified, a new QALY-based approach to resource allocation is
developed, and other methods of priority setting are explained,
ranging from heart surgery to Alzheimer's Disease. The author
explains the problems of health sector choice from first
principles, in an approach that should be particularly useful to
healthcare professionals, pharmaceutical industry managers, and
students of economics.
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