Question

One way to choose among alternative treatments of care delivery models is through economic optimization. Discuss this concept in one paragraph.  

Answer 1

One of the complex action in health care delivery is decision making. Optimization methods enhance the diffusion and supply of health care providers in maximizing their health. Economic optimization is a long-established method that helps to clarify problems in management. It gives optimum benefit or satisfaction for both the producers and consumers. It also assures reasonable decision making. The self-sustaining functioning of economic optimization promotes equality in the market (Marginal benefit = Marginal cost. Marginal benefit is the auxiliary benefit that leads to growth of a particular activity. Marginal cost is the additional cost adjoined by the extra service ). The scanty resources of health care in meeting the unlimited human needs can be changed through economic optimization.