A Framework for Developing a Model Structure of Budget Impact Analysis for New Health Care Interventions in Jordan
Eman Mohammad Massad and
Amir Bakir
Additional contact information
Eman Mohammad Massad: Phd Candidate, University of Jordan, Jordan
Amir Bakir: Phd Candidate, University of Jordan, Jordan
International Journal of Economics and Financial Issues, 2021, vol. 11, issue 1, 126-134
Abstract:
This paper assesses the impact of substituting clopidogrel with ticagelor to treat patients after an acute attack of Ischemic Heart Disease from the perspective of Jordanian MOH in its tenders, using Budget Impact Analysis (BIA). A multiple regression analysis used to estimate the elasticities associated of implementing the two treatments, and then Matlab used to compare the old and new treatments. The study recommends the gradually substitution of the new treatment using ticagelor because it achieves total cost savings of approximately 200,000 Jordanian dinars, and that the flexibility of the new treatment costs is less than in the case of the old treatment, which means that the increase in numbers of patients will lead to a lower increase in the total costs when using the new treatment.
Keywords: Budget Impact Analysis; acute coronary syndrome; ticagrelor. (search for similar items in EconPapers)
JEL-codes: I11 I15 I19 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://www.econjournals.com/index.php/ijefi/article/download/10573/pdf (application/pdf)
https://www.econjournals.com/index.php/ijefi/article/view/10573/pdf (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2021-01-13
Access Statistics for this article
International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk
More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().