3. If the Incremental Cost-Effectiveness Ratio for polio in Malawi is $550. How many QALYs will...
3. If the Incremental Cost-Effectiveness Ratio for polio in Malawi is $550. How many QALYs will $1,000 worth of polio vaccine purchase in the village?
Homework Answers
Cost- effectiveness analysis is used to evaluate a health intervention by enquiring,' how much health benefit do we get for our money?"
Purpose: To help decision makers allocate healthcare resources efficiently. These costs is expressed in dollars and health benefits in units of health. For instance., QALY (QUALITY-ADJUSTED-LIFE-YEAR)
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3. If the Incremental Cost-Effectiveness Ratio for polio in Malawi is $550. How many QALYs will...
Given the data in the table below, Cost Effectiveness $55,000 5 $35,0004 $25,000 3 $10,0002 $12,0001.5...
Given the data in the table below, Cost Effectiveness $55,000 5 $35,0004 $25,000 3 $10,0002 $12,0001.5 Intervention Standard Care $5,000 1 a. Calculate the cost-effectiveness ration for each intervention b. Calculate the ICER for each intervention as compared to the standard of care. c. Order the interventions taking into account the ICER and identify which is the intervention with the highest incremental cost effectiveness ratio
You have the following table of costs and benefits for alternative treatments Treatment # Cost Effectiveness...
You have the following table of costs and benefits for alternative treatments Treatment # Cost Effectiveness (life years gained) 1 100000 5 2 200000 3 3 400000 10 4 500000 20 A. Which treatment(s) if any, is strongly dominated? B. Which treatment(s) if any is weakly dominated? C. Calculate incremental cost effectiveness ratios. D. Assuming that a life year is considered to be worth up to 100000, which interventions would you choose, in the absence of budgetary constraints? E. How might budgetary constraints affect your...
3. How would the firm determine the cost effectiveness of purchasing the long term assets used...
3. How would the firm determine the cost effectiveness of purchasing the long term assets used by the firm over an extended period of time? 4. Under what criteria would the management determine the risk and return of the purchase of long term capital assets to assure that the firm's long term value is increased?
Describe "reassortment." Describe how many reassortments took place to result in H1N1. Describe in your own...
Describe "reassortment." Describe how many reassortments took place to result in H1N1. Describe in your own words How this can happen (1) Compare on contrast how M2 and N inhibitors work. (2) Discuss the target(s) of most flu Vaccines and (3) which factors influence effectiveness of the vaccine
Compared to the existing plow 3. A city is considering the purchase of a new $115,000 snowplow. t...
need help with the Present Worth.
Compared to the existing plow 3. A city is considering the purchase of a new $115,000 snowplow. the new plow will operate at a savings of $550/day Assume that the plow will la and have a salvage value of $15,000. If the MARR is 10%, how many days per year must the new plow be operated to justify the purchase? What is the present worth of purchasing the new en n plow ifit is...
CELX PROBLEM 1-2. Incremental Analysis [LO 2, 3] Consider the production cost information for Santiago's Salsa...
CELX PROBLEM 1-2. Incremental Analysis [LO 2, 3] Consider the production cost information for Santiago's Salsa in Problem 1-1. The company is currently producing and selling 325,000 jars of salsa annually. The jars sell for $5.00 each. The company is considering lowering the price to $4.60. Suppose this action will increase sales to 375,000 jars. REQUIRED a. What is the incremental cost associated with producing an extra 50,000 jars of salsa? b. What is the incremental revenue associated with the...
How many grams of dipotassium phthalate (242.3 g/mol) must be added to 550 mL of 0.175...
How many grams of dipotassium phthalate (242.3 g/mol) must be added to 550 mL of 0.175 M potassium hydrogen phthalate to give a buffer of pH 5.60? The Ka's for phthalic acid are 1.12 x 10-3 and 3.90 x 10-6.
1. What are cost-effective rations? A cost-effective model? 2. How do health care leaders/managers measure effectiveness?...
1. What are cost-effective rations? A cost-effective model? 2. How do health care leaders/managers measure effectiveness? 3. What are quality-adjusted life years? 4. How are costs measured? 5. What are biased estimates? 6. What is a cost-benefit analysis? 7. In the Cost-Effectiveness of Health Insurance case study, what is the relationship between expenditures and age from both the insured and uninsured groups? 8. What is the relationship between quality of life, mortality and age from both the insured and uninsured...
1. The most popular method of pricing is _____ pricing. a. breakeven b. incremental-cost c. cost-plus...
1. The most popular method of pricing is _____ pricing. a. breakeven b. incremental-cost c. cost-plus d. full-cost 2. Prestige pricing objectives emphasize: a. cost minimization. b. quality and exclusivity. c. revenue maximization. d. sales maximization. 3. Global Diamond manufactures jewelry. This firm is planning to introduce a new necklace and is trying to determine how many units it must sell in order to break even. Fixed costs are $100,000 and variable costs for each unit will be $20. At...
How many traditional bricks are there 3 points in 200 cubic feet of brick masonry work?...
How many traditional bricks are there 3 points in 200 cubic feet of brick masonry work? 1350 550 1100 2700 8 points Calculate the number of cement bags required in construction of an R.C beam having a cross-section of 9" x 18" and a clear span of 14'. Bearings of the beam are 6" on both sides. The concrete ratio is 1:2:4. Volume of 1 cement bag is 1.25 cft. 5 bags 8 bags 3 bags 1 bag
Given the data in the table below, Cost Effectiveness $55,000 5 $35,0004 $25,000 3 $10,0002 $12,0001.5 Intervention Standard Care $5,000 1 a. Calculate the cost-effectiveness ration for each intervention b. Calculate the ICER for each intervention as compared to the standard of care. c. Order the interventions taking into account the ICER and identify which is the intervention with the highest incremental cost effectiveness ratio
Describe "reassortment." Describe how many reassortments took place to result in H1N1. Describe in your own words How this can happen (1) Compare on contrast how M2 and N inhibitors work. (2) Discuss the target(s) of most flu Vaccines and (3) which factors influence effectiveness of the vaccine
need help with the Present Worth.
Compared to the existing plow 3. A city is considering the purchase of a new $115,000 snowplow. the new plow will operate at a savings of $550/day Assume that the plow will la and have a salvage value of $15,000. If the MARR is 10%, how many days per year must the new plow be operated to justify the purchase? What is the present worth of purchasing the new en n plow ifit is...
CELX PROBLEM 1-2. Incremental Analysis [LO 2, 3] Consider the production cost information for Santiago's Salsa in Problem 1-1. The company is currently producing and selling 325,000 jars of salsa annually. The jars sell for $5.00 each. The company is considering lowering the price to $4.60. Suppose this action will increase sales to 375,000 jars. REQUIRED a. What is the incremental cost associated with producing an extra 50,000 jars of salsa? b. What is the incremental revenue associated with the...
1. What are cost-effective rations? A cost-effective model? 2. How do health care leaders/managers measure effectiveness? 3. What are quality-adjusted life years? 4. How are costs measured? 5. What are biased estimates? 6. What is a cost-benefit analysis? 7. In the Cost-Effectiveness of Health Insurance case study, what is the relationship between expenditures and age from both the insured and uninsured groups? 8. What is the relationship between quality of life, mortality and age from both the insured and uninsured...
How many traditional bricks are there 3 points in 200 cubic feet of brick masonry work? 1350 550 1100 2700 8 points Calculate the number of cement bags required in construction of an R.C beam having a cross-section of 9" x 18" and a clear span of 14'. Bearings of the beam are 6" on both sides. The concrete ratio is 1:2:4. Volume of 1 cement bag is 1.25 cft. 5 bags 8 bags 3 bags 1 bag
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