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The health care delivery system in China, which is dominated by state hospitals, is being increasingly challenged by public concerns: it is too expensive and too inaccessible, a complaint commonly phrased as "kai bin nan, kan bin gui" in Chinese. As the penetration of for-profit hospitals has...
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Under the highly price-regulated market in China, competition from generic and therapeutic competitors did decrease pharmaceutical prices. Further research is needed to explore whether this competition increases consumer welfare in China’s healthcare setting. </AbstractSection> Copyright Springer International...
Persistent link: https://www.econbiz.de/10011001682
Objectives This study examines the role and value of traditional Chinese medicine (TCM) in the current health care system in China.Methods Based on literature review and publicly available data in China.Results The study shows that TCM is well integrated in the Chinese health care system as one...
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Markov-based and discrete event simulation models are widely used in health economic analysis to estimate the long term effects of treatment on clinical and economic outcomes. However, none of them simultaneously integrate patients' economic resources and their medical decision making in the...
Persistent link: https://www.econbiz.de/10012982762
Most studies on the indirect costs of an illness and the cost effectiveness of a medical intervention or employer-sponsored wellness program assume that the value of reducing the number of days employees miss from work due to illness is the wage rate. This paper presents a general model to...
Persistent link: https://www.econbiz.de/10005442676
The growth of healthcare expenditure provokes constant comments and discussions, as countries battle the issues on cost containment and cost effectiveness. Prior to 1978, medical institutions in China were either state‐owned or were collective public hospitals. Since 1978, China has been...
Persistent link: https://www.econbiz.de/10011160885