Test Flashcards
Indirect cost
Utilities
Rent
Replacement of staff
Training
Direct Cost
Salaries Hospitalization Outpatient visit Procedures and test Meds Devices and supplies Services
Intangible cost
Pain and suffering
Missing work because of a disease
Cost Benefit Analysis
Output and input in dollars
Answers how much dollars per output are received for each dollar of input
Cost Minimization Analysis
Has to have same effectiveness
Outcome is in dollars
Answers which alternative intervention is least costly with equivalent outcomes
Cost Effectiveness Analysis
Can have differing effectiveness and outcomes (side effects)
Answers which of the alternative interventions can achieve the best outcomes at lowest input cost (greatest success per dollar)
Cost Utility Analysis
Outcome is dollars of cost per additional quality life years
Answers which alternative intervention provides the greatest quality adjusted life years
Four domains of quality of life
Physical status
Psychological status
Social status
Economic/Financial status
Pharmacoeconomics Steps
Absolute risk Absolute risk reduction Relative risk Relative risk reduction Number to be treated
Absolute risk calculations
Disease/total
Absolute risk reduction
Drug absolute risk - standard of care absolute risk
Relative risk calculations
Drug absolute risk/standard of care absolute risk
Relative risk reduction calculation
AR of standard of care - AR of drug / AR of standard of care
Need to treat calculation
1/absolute risk reduction (step 2)
Want the number to be as close to 1 as possible
Ro
Basic reproduction number
Number of secondary infection that come from one contact point