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Amani Waheed

Suez Canal University, Egypt

Title: Health Economics: Evidence Based View

Biography

Biography: Amani Waheed

Abstract

Health and wellbeing are the ultimate goals in life. With the infinite nature of human wants, there is still finite or limited nature of resources available. The scarcity of resources has a measurable weight working on a production of health care. The situation in healthcare industry is challenging. There is a dynamic change all over the world regarding changes in the age structure, increasing real incomes and improvements in medical technology. All these factors have a great impact on the healthcare market.

Although the available resources are limited, the alternative uses of these resources are unlimited. Therefore, there is some maximum quantity of health care that can be produced at any one time.  So, resources reallocation among health care activities and others as well as other systems should be directed towards the most needed ones. Priority settings are the difficult issue and the society has the influence to allocate resources efficiently with the lowest possible costs i.e. productive efficiency.  Resources allocation should be based on solid evidence considering point views of the society, patients, payers and providers. Health care services and benefits should be fairly distributed with equity, effectiveness and efficiency. This is very difficult to achieve within various communities differing in the valuation of health and their ability to pay for their health.

All the above challenges could be faced with Evidence-based medicine which provides us with keys for proper decision making about health care provided to patients and communities in health research as well as in health economics.