Cost effectiveness of tissue plasminogen activator
Article Abstract:
Physicians may be less likely to use expensive treatments unless the treatment can be shown to be cost-effective. Studies have shown that tissue plasminogen activator (t-PA) can open coronary arteries blocked by a blood clot more quickly than streptokinase, but it is also much more expensive. A 1995 study found that the use of t-PA costs approximately $32,678 per year of life saved. Other cost-effectiveness studies have found much higher expenses for other treatments. For example, researchers found that treatment of high blood pressure could cost up to $72,100 per year of life saved. In the era of managed care, insurance companies may be likely to pay for an expensive treatment if it improves outcomes and reduces the need for re-hospitalization or long-term care. Expensive treatments may be more cost-effective if they are only given to those most likely to benefit.
Publication Name: The New England Journal of Medicine
Subject: Health
ISSN: 0028-4793
Year: 1995
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A middle ground on public accountability
Article Abstract:
There is an argument for the collaboration among payers, purchasers, patients and providers in the development system of public accountability. Patients are given potential report cards with illnesses, which often gives inconsistent results.
Publication Name: The New England Journal of Medicine
Subject: Health
ISSN: 0028-4793
Year: 2004
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