Health economics in nursing research: what you need to know to include economic evaluation methodology in your research

Norma B. Bulamu, Billingsley Kaambwa, Hannah Beks, Vincent L. Versace, Robyn A. Clark

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

Due to limited resources and constant, ever-changing healthcare challenges, health economics is essential to support healthcare decisions while improving health outcomes. Economic evaluation methodology facilitates informed decision-making related to the efficient allocation of resources while positively impacting clinical practice. In this paper, we provide an overview of economic evaluation methods and a real-world example applying one method of economic evaluation (cost-utility analysis) in nursing research.

Original languageEnglish
Pages (from-to)99-106
Number of pages8
JournalEuropean Journal of Cardiovascular Nursing
Volume23
Issue number1
DOIs
Publication statusPublished - Jan 2024

Keywords

  • Cost-benefit analysis
  • Cost-consequence analysis
  • Cost-effectiveness analysis
  • Cost-minimization analysis
  • Cost-utility analysis
  • Economic evaluation
  • Economics
  • Healthcare quality
  • Nursing research
  • Quality-adjusted life years

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