The Contingent Valuation Method in Health Care

The Contingent Valuation Method in Health Care PDF

Author: Sandra Nocera

Publisher: Springer Science & Business Media

Published: 2003-11-30

Total Pages: 136

ISBN-13: 9781402077180

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The Contingent Valuation Method in Health Care is offered as a contribution to improving instruments of political decision making in health care. At a fundamental level, it is about methodological aspects of the contingent valuation method. It gives a holistic view of applying the contingent valuation method for use in policy. It shows all stages of a contingent valuation study beginning with the design, the choice of elicitation techniques and estimation methods for willingness-to-pay, the use of the results in a cost-benefit analysis, and finally, the policy implications resulting from our findings. The intended audience of The Contingent Valuation Method in Health Care are health economists interested in methodological problems of contingent valuation studies, people involved in health care decision making, planning, and priority setting as well as people interested in Alzheimer's Disease.

The Contingent Valuation Method in Health Care

The Contingent Valuation Method in Health Care PDF

Author: Sandra Nocera

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 119

ISBN-13: 1441991336

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In the future, as our society becomes older and older, an increasing number of people will be confronted with Alzheimer's disease. Some will suffer from the illness themselves, others will see parents, relatives, their spouse or a close friend afflicted by it. Even now, the psychological and financial burden caused by Alzheimer's disease is substantial, most of it borne by the patient and her family. Improving the situation for the patients and their caregivers presents a challenge for societies and decision makers. Our work contributes to improving the in decision making situation con cerning Alzheimer's disease. At a fundamental level, it addresses methodo logical aspects of the contingent valuation method and gives a holistic view of applying the contingent valuation method for use in policy. We show all stages of a contingent valuation study beginning with the design, the choice of elicitation techniques and estimation methods for willingness-to-pay, the use of the results in a cost-benefit analysis, and finally, the policy implica tions resulting from our findings. We do this by evaluating three possible programs dealing with Alzheimer's disease. The intended audience of this book are health economists interested in methodological problems of contin gent valuation studies, people involved in health care decision making, plan ning, and priority setting, as well as people interested in Alzheimer's disease. We would like to thank the many people and institutions who have pro vided their help with this project.

Healthcare Valuation: The four pillars of healthcare value

Healthcare Valuation: The four pillars of healthcare value PDF

Author: Robert James Cimasi

Publisher: John Wiley & Sons

Published: 2014

Total Pages: 752

ISBN-13: 1118292790

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In light of the dynamic nature of the healthcare industry sector, the analysis supporting business valuation engagements for healthcare enterprises, assets, and services must address the expected economic conditions and events resulting from the four pillars of the healthcare industry: reimbursement, regulation, competition, and technology. This title presents specific attributes of each of these enterprises, assets, and services and how research needs and valuation processes differentiate depending on the subject of the appraisal, the environment the property interest exists, and the nature of the practices.

Theory and Methods of Economic Evaluation of Health Care

Theory and Methods of Economic Evaluation of Health Care PDF

Author: Magnus Johannesson

Publisher: Springer Science & Business Media

Published: 1996-05-31

Total Pages: 270

ISBN-13: 9780792340379

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Most economic evaluations of health care programmes at the moment are cost effectiveness and cost-utility analyses. The problem with these methods is that their theoretical foundations are unclear. This has led to confusion about how to define the costs and health effects and how to interpret the results of these studies. In the environmental and traffic safety fields it is instead common to carry out traditional cost-bene:fit analyses of health improving programmes. This striking difference in how health programmes are assessed in different fields was the original motivation for writing this book. The aim of the book is to tty and provide a coherent framework within cost-bene:fit analysis and welfare economics for the different methods of economic evaluation in the health care field. The book is written in an easily accessible manner and several examples of applications of the different methods are provided. It is my hope that it will be useful both for teaching purposes and as a guide for practitioners in the field. Glenn C. Blomquist, John D. Graham, Rich O'Conor and four anonymous referees provided helpful comments on previous versions of the manuscript. I would also like to express my gratitude to the following persons for helping me to prepare the manuscript: Carl-Magnus Berglund, Carin Blanksvard, Ann Brown, and Ziad Obeid.

When Do the Dollars Make Sense? : Toward a Conceptual Framework for Contingent Valuation Studies in Health Care

When Do the Dollars Make Sense? : Toward a Conceptual Framework for Contingent Valuation Studies in Health Care PDF

Author: Gafni, Amiram

Publisher: Hamilton, Ont. : Centre for Health Economics and Policy Analysis, McMaster University

Published: 1995

Total Pages: 51

ISBN-13:

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There is a growing interest in the application of cost-benefit analysis (CBA) as a technique for the economic evaluation of health care programmes. A distinguishing feature of CBA is that costs and benefits are expressed in the same units of value - typically money. A popular method for estimating money values for health care programmes is the use of willingness-to-pay (or accept) survey techniques known as contingent valuation. In this paper we present a conceptual framework to help in the interpretation or design of contingent valuation studies in health care. To be consistent with the theory upon which CBA is built we consider what types of questions should be asked of what populations. We conclude that studies undertaking contingent valuation should distinguish between compensating and equivalent variation, and recognize that respondents can be gainers or losers in utility and therefore should be asked willingness-to-pay or accept questions as appropriate.