Medical care output and productivity (University of Chicago Press, 2001)
"Contains revised versions of most of the papers and discussion presented at the Conference on Research in Income and Wealth ... held in Bethesda, Maryland, on 12-13 June 1998"--P. xi
Includes bibliographical references and indexes
What's different about health? - Jack E. Triplett -- - Theoretical foundations of medical cost-effectiveness analysis - David Meltzer -- - Medical care output and productivity in the nonprofit sector - Tomas Philipson and Darius Lakdawalla -- - Price indexes for medical care goods and services - Ernst R. Berndt ... [et al.] -- - Medical care in the consumer price index - Ina Kay Ford and Daniel H. Ginsburg -- - Health care output and prices in the producer price index - Dennis Fixler and Mitchell Ginsburg -- - National health accounts/national income and product accounts reconciliation - Arthur Sensenig and Ernest Wilcox -- - Pricing heart attack treatments - David M. Cutler ... [et al.] -- - Trends in heart attack treatment and outcomes - Paul Heidenreich and Mark McClellan -- - Measuring the value of cataract surgery - Irving Shapiro, Matthew D. Shapiro, and David W. Wilcox -- - Hedonic analysis of arthritis drugs - Iain M. Cockburn and Aslam H. Anis -- - Treatment prices indexes for acute phase major depression - Ernst R. Berndt, Susan H. Busch, and Richard G. Frank -- - Value if reductions in child injury mortality in the United States - Sherry Glied -- - Patient welfare and patient compliance - Paul Ellickson, Scott Stern, and Manuel Trajtenberg -- - Allocation of publicly funded biomedical research - Frank R. Lichtenberg
Annotation With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy analysts are asking what these countries are getting in return. Yet it remains frustrating and difficult to measure the productivity of the medical care service industries.This volume takes aim at that problem, while taking stock of where we are in our attempts to solve it. Much of this analysis focuses on the capacity to measure the value of technological change and other health care innovations. A key finding suggests that growth in health care spending has coincided with an increase in products and services that together reduce mortality rates and promote additional health gains. Concerns over the apparent increase in unit prices of medical care may thus understate positive impacts on consumer welfare. When appropriately adjusted for such quality improvements, health care prices may actually have fallen. Provocative and compelling, this volume not only clarifies one of the more nebulous issues in health care analysis, but in so doing addresses an area of pressing public policy concern