Cost-Benefit Analysis for Healthcare Business and Policy

Catalog description

This course provides students with cost-benefit analysis tools to enhance healthcare business and policy decision making. The following topics will be covered: methods to estimate the monetary equivalence of costs and benefits; interpretation of research findings; simulation methods to derive the aggregate effects of firm and policy interventions; time value of money and discounting; hypothesis testing; cost-effectiveness analysis; causal inference concepts to differentiate descriptive associations from cause-and-effect studies. In addition to course lectures, the instructor will present research articles providing credible input for business- and policy-level cost-benefit analysis.