Applying economic principles to health care

Emerg Infect Dis. 2001 Mar-Apr;7(2):282-5. doi: 10.3201/eid0702.010227.

Abstract

Applying economic thinking to an understanding of resource use in patient care is challenging given the complexities of delivering health care in a hospital. Health-care markets lack the characteristics needed to determine a "market" price that reflects the economic value of resources used. However, resource allocation in a hospital can be analyzed by using production theory to determine efficient resource use. The information provided by hospital epidemiologists is critical to understanding health-care production processes used by a hospital and developing economic incentives to promote antibiotic effectiveness and infection control.

Publication types

  • Review

MeSH terms

  • Anti-Bacterial Agents / economics
  • Anti-Bacterial Agents / pharmacology
  • Delivery of Health Care / economics*
  • Health Care Rationing
  • Health Resources / economics
  • Health Resources / statistics & numerical data*
  • Humans
  • Infection Control / economics

Substances

  • Anti-Bacterial Agents