Cost-Benefit Analysis of Providing Non-Emergency Medical Transportation (2005) / Chapter Skim
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Pages 198-200
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Appendix C: Cost-Effectiveness Analysis and QALYs This study makes heavy use of a number of economic concepts, particularly as they pertain to healthcare. This appendix presents a brief overview of two concepts that may not be well known by all readers of this report.
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C.2 Cost-Effectiveness Analysis Ratios and QALYs The quality-adjusted life year (QALY) concept acts to combine mortality and morbidity into a single measurement for gauging the value of a health-related intervention.
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From page 200... ...
effective results have been found for strategies to prevent neural tube defects (Gold et al., 1996)
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