Efficiency

David Reisman

Chapter 11 in The Political Economy of Health Care, 1993, pp 222-250 from Palgrave Macmillan

Abstract: Abstract Medical effectiveness refers to technical appraisal and clinical optimality. Its window on the world is that of the caring professional committed to the service of the unique patient, its charter and belief the proposition that good health is always and everywhere a good thing. Financial costs and monetary benefits do not trouble the clarity of its calculus with the shadow of pecuniary evaluation and resource allocation. Medical effectiveness is concerned with mortality and morbidity. It is not concerned with the shop-keeper principle that every patient has his price.

Keywords: Marginal Cost; Discount Rate; Economic Efficiency; Medical Effectiveness; Average Cost (search for similar items in EconPapers)
Date: 1993
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DOI: 10.1057/9780230378308_11

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