Chapter 5: Using Health Economic Evidence to Inform Decisions About Resource Allocation
Chapter Objectives
By the end of this chapter, you will be able to:
- Demonstrate a broad, comprehensive understanding of data-driven evidence to inform resource allocation decisions in health care;
- Critically analyze a case study and synthesize information pertinent to setting priorities in LTC homes during the COVID-19 pandemic;
- Gain an understanding of the theoretical underpinnings of health economic evidence;
- Identify health economic measures (i.e., costs and outcomes) relevant to resource allocation decisions in health care; and
- Describe the perspective of economic evaluation and levels of stakeholder engagement in the decision-making process.