How do I conduct a cost-benefit analysis in healthcare?
To conduct a cost-benefit analysis in healthcare, start by identifying the costs and benefits of the intervention.
What types of costs should I consider?
Consider direct costs like medical expenses, indirect costs such as lost productivity, and intangible costs like pain and suffering.
How do I quantify the benefits?
Quantify benefits by measuring outcomes like improved health, reduced hospitalizations, and increased quality of life.
Can you give me an example of a cost-benefit analysis?
Sure! For a new treatment, list its costs, compare them to the expected health improvements, and calculate the net benefit.
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