Which type of analysis focuses on the costs and benefits of a health intervention?

Which type of analysis focuses on the costs and benefits of a health intervention?

• A. Break even analysis
• B. Marginal costs analysis
• C. Regression analysis
• D. Cost-benefit analysis

Answer: (D)

Cost-benefit analysis is specifically designed to evaluate and compare the costs and benefits of a health intervention. This analytical approach quantifies the financial implications of implementing a health program, allowing healthcare professionals to determine whether the expected benefits, such as improved patient outcomes or increased quality of life, outweigh the associated costs. By assigning monetary values to both costs and benefits, decision-makers can make informed choices on resource allocation and prioritization of interventions based on their overall value and effectiveness. This method is particularly vital in healthcare settings where resources are limited and must be optimized for the greatest benefit to the community or patient population.

Cost-benefit analysis is specifically designed to evaluate and compare the costs and benefits of a health intervention. This analytical approach quantifies the financial implications of implementing a health program, allowing healthcare professionals to determine whether the expected benefits, such as improved patient outcomes or increased quality of life, outweigh the associated costs. By assigning monetary values to both costs and benefits, decision-makers can make informed choices on resource allocation and prioritization of interventions based on their overall value and effectiveness. This method is particularly vital in healthcare settings where resources are limited and must be optimized for the greatest benefit to the community or patient population.