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Health Economics: Fundamentals and Flow of Funds » (22nd Edition)

Book cover image of Health Economics: Fundamentals and Flow of Funds by Thomas E. Getzen

Authors: Thomas E. Getzen
ISBN-13: 9780471432036, ISBN-10: 0471432032
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: June 2003
Edition: 22nd Edition

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Author Biography: Thomas E. Getzen

Thomas E. Getzen is Professor of Risk, Insurance and Health Management  at Temple University and the founder and Executive Director of iHEA, the International Health Economics Association. After receiving an undergraduate degree from Yale University, he worked for the U.S.P.H.S. Centers for Disease Control Venereal Disease program in New York and Los Angeles, and then obtained an MHA degree in Medical Care Organization and Ph.D. in Economics from the University of Washington. Dr. Getzen’s main research contributions have been in the areas of contracting, price indexes and forecasting of health care spending. His consulting work has included employee benefit negotiations, laboratory diagnostics, risk assessment, and capital financing for managed care. Dr. Getzen has been a visiting professor at the University of York (U.K.), the Wharton School of the University of Pennsylvania, and the Center for Health and Wellbeing of the Woodrow Wilson School at Princeton University. He has served on the boards of Covenant House, a local community health center in Northwest Philadelphia, MSI, a venture-capital financed managed behavioral health care corporations, CHE, a large provider system with over 60 hosp itals and nursing homes. Dr. Getzen is a member of the editorial boards of Health Economics and the Journal of Health Administration Education.

Book Synopsis

A practical primer to the dynamic field of health economics. Written by Thomas Getzen, a leading academic and practitioner, and currently Director of the International Health Economics Association, this complete, accessible text introduces students to the economic analysis of medical markets and the production of health.
Updated and revised with new cases and the latest developments in the field, the new Second Edition traces the economic rationale and development of the medical care organization. It thoroughly introduces students to the principles and concepts of health economics without requiring prolonged preparatory work or extensive mathematical manipulation.
* Cases illustrate practical uses of economic theory in each chapter.
* More streamlined presentation of macro and historical materials.
* Covers the relationship of marketing to marginal cost.

Booknews

An introduction to the economic analysis of medical markets and the production of health, primarily for students of medicine, public health, or administration who have little or no background in economics, but also for beginning economics students. Describes the incentives and organizational structure of the health care industry with a Flow of Funds approach, outlines the ongoing evolution of managed care in the US, and macroeconomic perspectives the dynamics of change and determinants of national health spending. Annotation c. by Book News, Inc., Portland, Or.

Table of Contents

Preface
Acknowledgements
About the Author
Foreword
1Terms of Trade: The Flow of Funds Through the Health Care System1
2Demand21
3Cost-Benefit and Cost-Effectiveness Analysis39
4Insurance67
5Insurance Contracts and Managed Care86
6Physicians106
7Medical Education, Organization, and Business Practices127
8Hospitals154
9Management and Regulation of Hospital Costs175
10Managed Care197
11Long-Term Care227
12Pharmaceuticals251
13Introduction to the Macroeconomics of Health277
14The Role of Government284
15Public Goods and Public Health305
16Economic History, Population Growth, and Medical Care324
17International Comparisons of Health and Health Expenditures349
18Dynamics of National Health Spending376
19Value for Money in the Future of Health Care401
Glossary411
Index421

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