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Health Economics and Financing, 4th Edition

January 2010, ©2010
Health Economics and Financing, 4th Edition (EHEP000322) cover image

Health Economics and Financing is a primer for the economic analysis of medical markets. Its intended audiences are students of medicine, public health, policy and administration who wish to engage the central economic issues of their field without prolonged preparatory work--beginning students in economics who wish to study an applied area in detail without recourse to extensive mathematical manipulation; and more advanced students in economics who may be familiar with analytical techniques, but lack knowledge of the many institutional features which make the study of health and health care so unique and rewarding.

The New 4th Edition draws upon the work of many scholars, but in keeping with its design as a primer for introducing students to the principles and concepts of health economics rather than its literature and research methods, the use of attribution, footnotes and references is purposely limited.

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Table of Contents
Preface.

Acknowledgments.

About the Author.

Foreword.

1 Choices: Money, Medicine, and Health.

2 Demand and Supply.

3 Cost-Benefit and Cost-Effectiveness Analysis.

4 Health Insurance: Financing Medical Care.

5 Insurance Contracts and Managed Care.

6 Physicians.

7 Medical Education, Organization, and Business Practices.

8 Hospitals.

9 Management and Regulation of Hospital Costs.

10 Long-Term Care.

11 Pharmaceuticals.

12 Capital Financing and Ownership of Health Care Providers.

13 Macroeconomics of Medical Care.

14 The Role of Government.

15 Public Goods and Public Health.

16 History, Demography, and the Growth of Modern Medicine.

17 International Comparisons of Health and Health Expenditures.

18 Value for Money in the Future of Health Care.

Glossary.

Index.

Author Information
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 in literature 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, projections of health care cost trends and premiums, laboratory diagnostics, risk assessment, and capital financing for managed care. Dr. Getzen has been a visiting professor at the University of Toronto, the Center for Health and Wellbeing of the Woodrow Wilson School at Princeton University, the Wharton School at the University of Pennsylvania, and the University of York (UK). 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 corporation, and CHE, a multi-institutional health provider system with over 60 hospitals and nursing homes. Dr. Getzen has written more than 80 papers in the field and serves on the editorial board of the journal Health Economics.
New To This Edition
  • NEW C-B and CEA case studies, linkage to demand curves distinguishing marginal from average benefits.
  • NEW coverage on emerging Health Care System in China
  • NEW investment cases and ROI of specialty Medical Education.
  • NEW sections on Health Care Reform: Path Dependence and the emergence of an "Obama Plan"
  • NEWLY REVISED Chapter 18:  United States on the cusp of a major change in health care and medical financing—the potential for change, and the well-grounded expectation that any changes will grow out of what has come before (a process known as “path dependence”) is addressed.  Also includes forecasts, a brief introduction to behavioral economics, the dynamics of technological change, the expansion of welfare to include “happiness” and alternative valuations of “GDP,” disequilibrium, and some other issues that are now at the forefront of contemporary economics research. 
  • Updated WWW references are used throughout the text to provide access to current material.  There are links to a variety of major sources of health economics data and commentary such as the NCHS, WHO, OECD, CDC, CMS, GAO, and others.
Hallmark Features
  • Basic principles and concepts as tools for economic analysis presented in Chapters 1 & 2.
  • Traces the flow of funds through the system to illustrate ownership and incentives.
  • Analyses of capital financing, ownership, and social insurance.
  • Extensive quantitative and qualitative problem sets (200+) and instructor's manual.

Available Versions

Health Economics and Financing, 4th Edition
by Thomas E. Getzen
ISBN 978-0-470-46901-9
January 2010, ©2010
Hardcover, 496 pages
US $218.95 Add to Cart
E-book
Health Economics and Financing, 4th Edition
by Thomas E. Getzen
ISBN 978-0-470-57421-8
February 2010, ©2010
Wiley E-Text