Medical care output and productivity [[electronic resource] /] / edited by David M. Cutler and Ernst R. Berndt

• Record Nr.: UNINA9910824889303321
• Pubbl/distr/stampa: Chicago, IL, : University of Chicago Press, 2001
• ISBN: 1-281-22326-3; 9786611223267; 0-226-13230-7
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (626 p.)
• Collana: Studies in income and wealth ; ; v. 62
• Altri autori (Persone): BerndtErnst R; CutlerDavid M
• Disciplina: 338.4/33621
• Soggetti: Medical care - Cost effectiveness - Econometric models; Medical care, Cost of
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: "Contains revised versions of most of the papers and discussion presented at the Conference on Research in Income and Wealth ... held in Bethesda, Maryland, on 12-13 June 1998"--P. xi.
• Nota di bibliografia: Includes bibliographical references and indexes.
• Nota di contenuto: Front matter -- Contents -- Prefatory Note -- Introduction -- 1. What's Different about Health? -- 2. Theoretical Foundations of Medical Cost- Effectiveness Analysis -- 3. Medical Care Output and Productivity in the Nonprofit Sector -- 4. Price Indexes for Medical Care Goods and Services: An Overview of Measurement Issues -- 5. Medical Care in the Consumer Price Index -- 6. Health Care Output and Prices in the Producer Price Index -- National Health Accounts/National Income and Product Accounts Reconciliation -- 8. Pricing Heart Attack Treatments. -- 9. Trends in Heart Attack Treatments and Outcomes, 1975-1995 -- 10. Measuring the Value of Cataract Surgery -- 11. Hedonic Analysis of Arthritis Drugs -- 12. Treatment Price Indexes for Acute Phase Major Depression -- 13. The Value of Reduction in Child Injury Mortality in the United States -- 14. Patient Welfare ad Patient Compliance -- 15. The Allocation of Public Funded Biomedical Research -- Contributors -- Author Index -- Subject Index
• Sommario/riassunto: With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy ; analysts are asking what these countries are getting in return. Yet it remains frustrating and difficult to measure the productivity of the medical care service industries. This volume takes aim at that problem, while taking stock of where we are in our attempts to solve it. Much of this analysis focuses on the capacity to measure the value of technological change and other health care innovations. A key finding suggests that growth in health care spending has coincided with an increase in products and services that together reduce mortality rates and promote additional health gains. Concerns over the apparent increase in unit prices of medical care may thus understate positive impacts on consumer welfare. When appropriately adjusted for such quality improvements, health care prices may actually have fallen. Provocative and compelling, this volume not only clarifies one of the more nebulous issues in health care analysis, but in so doing addresses an area of pressing public policy concern.