Clinical Economics

-is a particular type of an economic

evaluation that assists in health-care
decision making by assessing the relative
merits of alternative causes of nursing
actions of interventions
Types of Analysis
Cost Identification Analysis
-addresses the question of how much
something costs
Cost-benefit Analysis

-replicates in proper balancing of pros and

cons, of advantages and disadvantages that
occurs implicitly in the marketplace
Cost-effectiveness Analysis
-decision making analysis to determine which
alternatives are cheaper
The Value of Human Life
Putting Price Tag in Life

Can we really put value (costs) to human

life?