health economic evaluation

Health economic evaluation is a method used to assess the value of healthcare interventions by comparing their costs and effects. It helps decision-makers understand whether a treatment or program is worth the investment by measuring factors like quality of life, costs involved, and health outcomes. By analyzing different healthcare options, these evaluations guide policymakers in allocating resources effectively, ensuring that limited funds are spent on the most beneficial services to improve public health. Ultimately, this process aims to maximize health benefits while considering economic constraints.