Cost Efficiency in Health Services

Cost efficiency in health services refers to the ability to provide quality healthcare while minimizing expenses. It involves delivering the best possible health outcomes for the least amount of money spent. This can be achieved by optimizing resources, reducing waste, and using effective treatments. For instance, it's about finding ways to keep patients healthy without unnecessary tests or procedures, ultimately ensuring that health systems can serve more people or provide better services without increasing costs. This balance helps sustain healthcare systems and ensures that patients receive the care they need without higher financial burdens.