Health Economics Essentials

A look at the Economic Lens articles by Economics By Design shows that concepts such as ‘effectiveness’, ‘efficiency’, ‘productivity’ and ‘value’ are central to an economic approach to improving decision making in health care.

What is a Health Economist? A health economist is someone who is an expert in applying the principles of economics to healthcare. They use their skills to understand and analyze the complexities of the healthcare system, and to make recommendations on how to improve or invest in it. They may work in a variety of […]

When setting health system goals, let’s think beyond the Value based healthcare triple aim and look at personal value, technical value, allocative value, and societal value.