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Efficiency Measurement in Health and Healthcare

Hardcover

Published: 7th February 2008
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This book provides a concise synthesis of leading edge research in the theory and practise of efficiency measurement in health and health care. Whilst much of the literature in this area is confusing and impregnable, Hollingsworth and Peacock show the logical links between the economic theory underlying efficiency, the methods used in analysis and practical application of measurement techniques including Data Envelopment Analysis and Stochastic Frontiers Analysis.

The book outlines which methods are most suitable in which setting, how to specify valid models, and how to undertake a study and effectively disseminate results. The current state of the art is assessed in terms of methods and published applications, and undertakes practical applications of advanced methods, including analysis of economies of scale and scope, variable weightings, specification testing, and estimation of the efficient production of health. Finally, the way forward in efficiency measurement in health is outlined, mapping out an agenda for future research and policy development.

List of figuresp. vii
List of tablesp. ix
Forewordp. x
Acknowledgementsp. xiii
Introductionp. 1
Why measure efficiency in the health sector?p. 3
Outline of the bookp. 4
Health and efficiency conceptsp. 8
Introductionp. 8
The economic theory of productionp. 8
Production and efficiency in the single-output modelp. 9
Production and efficiency in the multi-output modelp. 14
The production of health and health carep. 21
Health outcomes and health-care outputsp. 23
Efficiency, health and health carep. 25
Efficiency measurement techniquesp. 28
Introductionp. 28
Efficiency measurement and Farrellp. 29
Ordinary least squares (OLS) regressionp. 31
Data envelopment analysisp. 31
Stochastic frontier analysisp. 39
Comparing frontier techniquesp. 41
Measuring efficiency in health servicesp. 43
Introductionp. 43
Feedback to individual unitsp. 60
Feedback of resultsp. 65
Software reviewp. 70
Summary and conclusionsp. 75
Appendixp. 76
Application of efficiency measurement in health servicesp. 82
Introductionp. 82
Backgroundp. 83
Applicationsp. 83
Summary and conclusionsp. 101
Appendixp. 103
Advanced applications and recent developmentsp. 118
Introductionp. 118
Comparison of the different methods of analysis and their policy implicationsp. 119
Economies of scale and scopep. 125
Weight restriction in DEAp. 128
The efficient production of healthp. 130
Analysis of different health-care measuresp. 133
Summaryp. 133
Future directionsp. 135
Notesp. 139
Bibliographyp. 140
Indexp. 155
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780415271370
ISBN-10: 0415271371
Series: Routledge International Studies in Health Economics
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 176
Published: 7th February 2008
Dimensions (cm): 24.5 x 16.5  x 1.5
Weight (kg): 0.397