Health Economics and Financing - Hardcover

Getzen, Thomas E.

Hardcover

ISBN 10: 0470469013 ISBN 13: 9780470469019

Publisher: John Wiley & Sons, 2010

Synopsis

Health and medical professionals rely on Getzen for its engaging introduction to the economic analysis of medical markets. It is updated with the latest information in the field including a detailed look at health care reform and the emergence of Barack Obama′s plan. The developing health care system in China is covered to provide a more global perspective. Investment cases along with a look at the ROI of specialty medical education are also presented. And new C–B and CEA case studies help health and medical professionals see how to effectively apply the principles and concepts.

About this title

From the Back Cover:

A PRACTICAL PRIMER TO THE DYNAMIC FIELD OF HEALTH ECONOMICS!

What is the value of life? What does it mean to trust a surgeon who profits in crises? Why does health care cost so much? Is insurance the solution to the high cost of health care, or is it part of the problem? Questions like these make health care economics one of the most fascinating field of study.

You don’t need a background in economics or a degree in mathematics to explore issues associated with allocating resources to medical care. With Thomas Getzen’s clearly written, down–to–earth approach to health economics, you can develop a thorough and practical understanding of the principles and concepts of how funds flow through the health care system.
Getzen, a leader in the field of health economics and current director if the International Health Economics Association, traces the economic rationale and development of medical care organizations, as well as the economic and political factors that have influenced them.

Highlights of the Second Edition:

• New cases in each chapter illustrate the practical uses of economic theory.
• New introductory material presents the principles of economics applied to health.
• Features updated statistics, new problem sets, and Web links.
• Covers the relationship of marketing to marginal cost.
• Addresses triple tier pricing for pharmaceuticals.
• Begins with a “flow of funds” approach to describing the incentives and organizational structure of the health care system.
• Clear coverage of demand explains why value and price often are not proportionate.
• Examines transactions among patients, physicians, and third parties to show how profits are made, costs are covered, contracts are written (or implied), and regulations are formed.
• Outlines the continuing evolution of managed care in the United States.
• Explores the dynamics of change within the health care system from a macroeconomics perspective.

 

About the Author:

Thomas E. Getzen is Professor of Risk, Insurance and Health Management at Temple University and the founder and Executive Director of iHEA, the International Health Economics Association. After receiving an undergraduate degree in literature from Yale University, he worked for the U.S.P.H.S. Centers for Disease Control Venereal Disease program in New York and Los Angeles, and then obtained an MHA degree in Medical Care Organization and Ph.D. in Economics from the University of Washington. Dr. Getzen′s main research contributions have been in the areas of contracting, price indexes and forecasting of health care spending. His consulting work has included employee benefit negotiations, projections of health care cost trends and premiums, laboratory diagnostics, risk assessment, and capital financing for managed care. Dr. Getzen has been a visiting professor at the University of Toronto, the Center for Health and Wellbeing of the Woodrow Wilson School at Princeton University, the Wharton School at the University of Pennsylvania, and the University of York (UK). He has served on the boards of Covenant House, a local community health center in northwest Philadelphia, MSI, a venture–capital financed managed behavioral health care corporation, and CHE, a multi–institutional health provider system with over 60 hospitals and nursing homes. Dr. Getzen has written more than 80 papers in the field and serves on the editorial board of the journal Health Economics.

About this edition

• Publisher: John Wiley & Sons
• Publication date: 2010
• ISBN 10: 0470469013
• ISBN 13: 9780470469019
• Binding: Hardcover
• Edition number: 4
• Number of pages: 496