Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare
International Journal of Business and Economics Research
Volume 7, Issue 6, December 2018, Pages: 212-217
Received: Oct. 28, 2018; Accepted: Nov. 26, 2018; Published: Dec. 20, 2018
Views 738      Downloads 106
Saba Madae'en, Department of Biopharmaceutical and Clinical Pharmacy, University of Jordan, Amman, Jordan; Department of Economics, University of Jordan, Amman, Jordan
Mohammad Adeinat, Department of Economics, University of Jordan, Amman, Jordan
Article Tools
Follow on us
Financing health care has remained a challenge to the governments for a long time. There seems to be very high investment in health by the governments, and inappropriate allocation of resources within the government health budget would cause inefficiency and waste in resources. Given that health is a basic human right, the health situation remains a significant concern for the policy makers. guidance by health economics research will make more efficient reforms and polices in light of accurate information. The understanding and knowledge in the indicators for healthcare economics will help make better study methodologies and give better useful results. In this paper we listed possible methods of classifying health programs costs and we listed the major healthcare and public health indicators. In addition, we discuss the classification of health programs costs and the importance of cost analysis.
Econometric Indicators, Health and Healthcare, Health Cost Analysis, Quality of Life Indicator
To cite this article
Saba Madae'en, Mohammad Adeinat, Importance of Input and Output Parameters in Analysing Economical Cost of Healthcare, International Journal of Business and Economics Research. Vol. 7, No. 6, 2018, pp. 212-217. doi: 10.11648/j.ijber.20180706.15
Copyright © 2018 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License ( which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
F. P. Grad, "The Preamble of the Constitution of the World Health Organization," Bulletin of the World Health Organization, vol. 80, pp. 981-984, 2002.
WHO, "Constitution of the World Health Organization – Basic Documents, Forty-fifth edition, Supplement," 2006.
P. Bloland, P. Simone, B. Burkholder, L. Slutsker and K. M. De Cock, "The Role of Public Health Institutions in Global Health System Strengthening Efforts: The US CDC's Perspective," PLoS Med, vol. 9, no. 4, 2012.
C.-E. A. Winslow, "The Untilled Fields of Public Health," Science, vol. 51, pp. 23-33, 1920.
WHO, "Health Topics: Health Systems," 2018.
S. Folland, A. Goodman and M. Stano, The Economics of Health and Health Care, 5 ed., New Jersey: Pearson, 2007.
M. Grossman, "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, vol. 80, pp. 223-255, 1972.
OECD, "Health expenditure indicators," 2014.
A. Dang, N. Likhar and U. Alok, "Importance of Economic Evaluation in Health Care: An Indian Perspective," Value in Health Regional Issues, vol. 9, pp. 78-83, 2016.
"Monitoring, evaluation and review of national health strategies: a country-led platform for information and accountability.," 2011.
D. Husereau, M. Drummond, S. Petrou, C. Carswell, D. Moher, D. Greenberg, F. Augustovski, A. H. Briggs, J. Mauskopf and E. Loder, "Consolidated Health Economic Evaluation Reporting Standards (CHEERS)—Explanation and Elaboration: A Report of the ISPOR Health Economic Evaluation Publication Guidelines Good Reporting Practices Task Force," Value in Health, vol. 16, pp. 231-250, 2013.
S. Kumar, A. C. Williams and J. R. Sandy, "How do we evaluate the economics of health care?," European Journal of Orthodontics, vol. 28, pp. 513-519, 2006.
"General Methods for evaluating the relation between cost and benefit - version 1.0," Institute for Quality and Efficiency in Health Care (IQWiG), 2009.
Science Publishing Group
1 Rockefeller Plaza,
10th and 11th Floors,
New York, NY 10020
Tel: (001)347-983-5186