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The Role of Perspective in Defining Economic Measures for the Evaluation of Medical Technology

Published online by Cambridge University Press:  10 March 2009

Amy J. Davidoff
Affiliation:
The Johns Hopkins Medical Institutions
Neil R. Powe
Affiliation:
The Johns Hopkins Medical Institutions

Abstract

Perspectives in an economic analysis of medical technology reflect who makes decisions about the use of or payment for medical resources. Commonly used perspectives include those of providers, insurers, the individual, and society. Perspective is a critical determinant of study design, affecting the time horizon, types of resources considered, and economic cost measures assigned to those resources. Individuals involved in technology assessment for either research or policy-making purposes should be aware of the complexities of defining costs from different perspectives.

Type
General Essays
Copyright
Copyright © Cambridge University Press 1996

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