Economics By Design

These articles are prepared by EBD production and research team with Jacqueline Mallender. Guest experts are also invited to contribute found in the Contributor category. These Economics Lens are intended to be helpful, straightforward, jargon-busting discussions and are designed to demystify important healthcare and economic topics. They are for informational and educational purposes only and do not constitute professional advice. If you would like to commission EBD to provide professional advice please contact us here.

Value of Prevention

Value of Prevention

Prevention has been recognised as an important aspect of public health. It is often said that 'prevention is better than cure', and this applies to both physical and mental health. However, the value of prevention goes beyond just reducing the burden on healthcare systems.
Public Health
Medical Technology ‘Med Tech’: Health Economic Value Explained

Medical Technology ‘Med Tech’: Health Economic Value Explained

Medical Technology - Med Tech is a rapidly growing sector with numerous innovations emerging every day. This technology has the potential to revolutionise healthcare, bringing about significant improvements in patient outcomes while reducing the cost of healthcare services.
Digital Health, Health System
Pharmaceutical Value Explained

Pharmaceutical Value Explained

The pharmaceutical industry is a significant contributor to the global economy and to health systems and health care across the world.
Health System, Healthcare Delivery
The Value Of Care Pathways Explained

The Value Of Care Pathways Explained

Integrated care is increasingly underpinned by formal pre-defined care pathways for individuals with complex needs who need support from a wider range of
Health System, Integrated Care
Health Informatics And Information: An Overview

Health Informatics And Information: An Overview

Health informatics, health information and health data are an important and valuable asset for patients who need to know about their own health status and
Digital Health, Health System
Health Research And Development: An Overview

Health Research And Development: An Overview

Why is there Research And Development in Healthcare? Health research and development is really important to the health sector. It provides clinical practitioners and health system investors with innovation and associated evidence for prevention interventions, effective treatments and care pathways. In this economic lens we provide an overview of health research and development and its […]
Health System, Research & Development
Educating & Training The Healthcare Workforce: An Overview

Educating & Training The Healthcare Workforce: An Overview

The Healthcare Workforce The healthcare workforce is an integral part of any successful health system. There are many different professions which collectively comprise the healthcare workforce (see for example: The healthcare workforce: a simple guide. They all have skills, capabilities and competencies that reflect the bespoke education, training and continuous professional development they need to […]
Education & Training, Health System
The Healthcare Workforce: A Simple Guide

The Healthcare Workforce: A Simple Guide

The terms healthcare workforce or healthcare professionals cover a vast array of disciplines and professional practices. There are over 350 different health careers including medical, nursing, allied health professionals, scientific, and managerial. Increasingly health professionals work in multi-disciplinary or multi-professional teams and, as workforce training and skills development evolve, many are now able to extend […]
Health Providers, Health System
Stakeholders In Healthcare: An Overview

Stakeholders In Healthcare: An Overview

What Is A Stakeholder In Healthcare? Stakeholders are individuals or groups who have an interest in a sector, such as the health system. They can influence decisions, shape policy and create an environment that best serves the needs of those involved in the sector. In this economic lens we provide a summary of 12 different […]
Governance & Regulation, Health System
What Is Social Care? A Simple Guide

What Is Social Care? A Simple Guide

In this economic lens we look at what social care is and who might need it, the relationship between social care and healthcare.
Health Providers, Health System
Health Inequalities Explained

Health Inequalities Explained

Health inequalities are differences in health outcomes, access to care and/or health determinants that exist between different population groups due to social or economic disparities.
Public Health
Wider Determinants of Health Explained

Wider Determinants of Health Explained

The wider determinants of health are the social, economic and environmental factors that influence our health.
Public Health
What are Health System Goals? A Simple Guide

What are Health System Goals? A Simple Guide

Health system goals are the objectives that a healthcare system sets to improve the population health and the performance of the health system. These goals can be set at different levels, from global to national to local.
Global Health
The Health Economics of Patient Safety

The Health Economics of Patient Safety

Patient safety is a top priority for patients, healthcare professionals, healthcare provider organisations, those that purchase healthcare on behalf of...
Governance & Regulation, Health System
What are Integrated Care Systems? A Simple Guide

What are Integrated Care Systems? A Simple Guide

This article provides an overview of what is meant by integrated care, the evidence that supports it as a health system model
Health System, Integrated Care
What Are The Different Types of Healthcare Providers? A Simple Guide

What Are The Different Types of Healthcare Providers? A Simple Guide

This article looks at the ownership structures of the different types of healthcare providers
Health Providers, Health System
What are Levels of Care? A Simple Guide

What are Levels of Care? A Simple Guide

Levels of care describe the severity of an issue and the kinds of health conditions the doctors treat as well as the specialities that they practice.
Health Providers, Health System
What Are Essential Health Benefits? A Simple Guide

What Are Essential Health Benefits? A Simple Guide

Essential Health Benefits: Governments and health insurers use pooled funds to purchase health benefits for their citizens or insured populations....
Health Financing, Health System
Health Financing Explained: Provider Payment Models

Health Financing Explained: Provider Payment Models

Providers (such as hospitals and doctors) need to be paid for the health care services they provide. This can be done through a variety of provider payment models...
Health Financing, Health System
Health Financing Explained: Strategic Purchasing

Health Financing Explained: Strategic Purchasing

Pooled funds are used to provide strategic purchasing of health care services...
Health Financing, Health System
Health Financing Explained: Risk Pooling

Health Financing Explained: Risk Pooling

Risk Pooling requires funds gathered at scale can be pooled together in a way that allows them to be used more efficiently and effectively...
Health Financing, Health System
Health Financing Explained: Revenue Sources

Health Financing Explained: Revenue Sources

Revenue sources can be done at scale through government contributions, taxes, social insurance contributions, private insurance contributions, or philanthropic contributions...
Health Financing, Health System

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