Principles of cost-effective resource allocation in health care organizations.

@article{Weinstein1990PrinciplesOC,
  title={Principles of cost-effective resource allocation in health care organizations.},
  author={Milton C. Weinstein},
  journal={International journal of technology assessment in health care},
  year={1990},
  volume={6 1},
  pages={93-103}
}
Cost-effectiveness analysis (CEA) is a method of economic evaluation that can be used to assess the efficiency with which health care technologies use limited resources to produce health outputs. However, inconsistencies in the way that such ratios are constructed often lead to misleading conclusions when CEAs are compared. Some of these inconsistencies, such as failure to discount or to calculate incremental ratios correctly, reflect analytical errors that, if corrected, would resolve the… CONTINUE READING

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