Quality Management and Improvement

Question 1

Cost benefit analysis

Answer 1

is it worthwhile to complete this project?
determines whether the goal of the intervention is worthwhile in terms of cost
the value of the benefits derived from the intervention must outweight the costs
state objectives clearly and quantifiably
calc benefits: direct and indirect

DIRECT benefits: value is determined by measuring the cost of treatment alternatives needed due to absence of improved food habits

INDIRECT benefits: saving a physician’s time and other resources due to the prevention or reduction in severity of a disease

Question 2

Cost effectiveness analysis

Answer 2

assumes the goal of the project is worthwhile
question to resolve is which method of intervention is the most effective (in terms of value) in achieving the goal
Compares costs of alternative strategies
analysis utilizes outcomes research