Money and medicine : the evolution of national health expenditures / Thomas E. Getzen.
"This book frames the evolutionary path of medicine and provides a useful forecasting model. Tracing health spending from ancient times to the present with a single ratio, health expenditures as a share of income, reveals an s-shaped growth curve, rising rapidly after science made therapies mor...
Saved in:
| Main Author: | |
|---|---|
| Format: | Ebook |
| Language: | English |
| Published: |
New York, NY :
Oxford University Press,
[2023]
|
| Subjects: | |
| Online Access: | Oxford Scholarship Online |
| Summary: | "This book frames the evolutionary path of medicine and provides a useful forecasting model. Tracing health spending from ancient times to the present with a single ratio, health expenditures as a share of income, reveals an s-shaped growth curve, rising rapidly after science made therapies more effective and more expensive, inflecting as the rate of expansion peaked with the coalescence of national health systems in the 1960s, and decelerating after 1975. Medicine became qualitatively different as it scaled up along therapeutic, organizational, financial, and moral dimensions. The development of health insurance and changes in the flow of funds made macro effects on total spending different from micro determinants of allocation. Institutional inertia and lags require a span of observation long enough to distinguish temporary fluctuations from shifts in trend"-- |
|---|---|
| Physical Description: | 1 online resource (334 pages) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0197573266 9780197573266 0197573274 9780197573273 0197573282 9780197573280 0197573290 9780197573297 |