This presentation provides an overview of the types of economic evaluations in health care, the various economic perspectives studies can have, whose costs and benefits should be considered, and what measures of costs and effectiveness can be derived from Medicare datasets.
Specifically, objectives include:
- Understanding different approaches to conducting economic analyses including cost identification, cost effectiveness, cost benefit, or cost utility
- Reviewing what is meant by taking a societal versus institutional perspective, and whether Medicare data alone will facilitate the type of analysis the researcher is interested in
- Learning which variables in the Medicare claims datasets represent reimbursement levels, charges and the cost of services provided; and understanding when to use cost report data
- Reviewing which data files contain measures of effectiveness including mortality, morbidity, and comorbidities
- Knowing which health assessment datasets contain measures of health and functional status