Question

Whey is there a particular need for economic evaluations in the case of public health care spending?

Answer 1

There is a particular need for economic evaluation for public health care spending owing to the fact that these economic evaluations help in achieving an evidence based data on the diversed needs of each patient and helps in allocating resources and money in order to increase the health care amenities. It provides an account of where the money should be spent more, where neccesary investments must be made. It helps in optimising facilities and decision making regarding the health care system. It helps in systematic management of the healthcare system and in allocation of resources and promote neccesary inventions.