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A Model of Economic
Analysis
Clinical economics
may be viewed as a 3-dimensional matrix of:
- Costs (direct
medical, direct nonmedical, productivity, and intangible);
- Analysis
(cost-identification, cost-effectiveness, cost-benefit, and
cost-utility); and
- Perspectives
(provider, payer, patient, and society).
It is important to
remember that shifting the criteria on any one axis can significantly
alter the view. The exact same costs and analysis may be seen
quite differently by the patient and the provider, or if measuring
direct costs or impact on productivity.
As you explore this
chapter, think about where different content falls in the model
and how it might be influenced by shifting criteria on other axes.
Figure
1: A Model of Economic Analysis
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