Cost Analysis Techniques for Healthcare Decision Making
Cost analysis techniques are vital tools for evaluating the economic impact of healthcare interventions, programs, and investments. This topic covers methods such as Cost-Benefit Analysis (CBA), Cost-Effectiveness Analysis (CEA), Cost-Utility Analysis (CUA), and Cost-Minimization Analysis (CMA), which are used to compare alternative health strategies. For Zambian university and college students in health economics and management, understanding these techniques supports evidence-based policy making, resource prioritisation, and programme evaluation. The content includes practical applications like calculating Incremental Cost-Effectiveness Ratios (ICER) and using Quality-Adjusted Life Years (QALYs) in economic evaluations. Proficiency enables graduates to contribute to efficient health financing, assess donor-funded projects, and improve healthcare delivery in Zambia’s public and private sectors, aligning with national health priorities and sustainable development goals.
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