100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary of HPI4007 Financial Management of Healthcare Week 3 $6.93
Add to cart

Summary

Summary of HPI4007 Financial Management of Healthcare Week 3

 12 views  0 purchase
  • Course
  • Institution

This document includes all relevant cases and lectures of week 3 HPI4007 Financial Management of Healthcare. I followed this course during and passed with a 8.5 out of 10.

Preview 2 out of 6  pages

  • March 21, 2023
  • 6
  • 2021/2022
  • Summary
avatar-seller
Financial Management HPI4007 – Case 3 Lecture +
Learning Goals
1.Why is the traditional HTA methodology difficult to apply in health care organizations?

HTA (European Commission): a multidisciplinary process that summarizes information about he
medical, social, economic and ethical issues related to the use of health technology in a systematic,
transparent, unbiased and robust manner

The goal of HTA is to:
 To inform decision making
 To improve the quality of care by promoting an appropriate and rational use of health
technologies

Why HTA:
 Increasing healthcare costs
 Budget constraints
 Rapid development of (expensive) medical technological possibilities
 Hospital managers have to efficiently allocate healthcare resources and therefore there
is an increasing use of HTA both in regulatory bodies (HTA) and organizations (e.g.
hospitals)

Typical structure of HTA REPORT:
1. Introduction (research question)
2. Disease
3. Technology
4. Clinical effectiveness
5. Economic review
6. Cost-effectiveness (decision-analytic model)
7. Ethical, legal and social implications
8. Discussion
9. Policy recommendations
 This often takes a long time to conduct, therefore in hospitals managers often conduct a
mini-HTA.


Often cost-effectiveness and cost-
utility are used for economic
evaluations. However, in hospitals
this is not the case. There is an
increased use of economic data in
healthcare decision making and this
is formally used in drug
reimbursement decisions.

HTA in an healthcare organization:
-Increasing interest due to quality and efficiency of care in hospitals
-> Could facilitate decision-making regarding acquisition, implementation or discontinuation of
technologies or interventions within the hospital




1

, Important barriers in the use of traditional HTA in a healthcare organization:
1. HTA Methodology-related factors
 Complexity of HTA studies (= no time or experience in HC)
 Lots of assumptions in economic evaluations (=large model with a lot data)
 Greater attention to national/regional level (=hospital is only interested in hospital
perspective)
 Societal perspective vs hospital perspective
 Cost-effectiveness neglects budget impact
 Absence of hospital-HTA guidelines (=no guidelines exists for HTA in hospital)
2. Management-related factors
 Budget: a lot of resources (money/time) is needed
 Access and time constraints
 Hospital managers report giving greater importance to effectiveness and budgetary
impact
 Poor understanding of concepts, principles and methods
 Lack of legal and regulatory factors (if you are not forced to use HTA, you will have
low motivation to use it)

2. What is hospital-based HTA and how does it differ from a traditional HTA study?

Hospital-based HTA (HB-HTA): performing HTA activities tailored to the hospital context to inform
managerial decisions on different types of health technologies. It includes processes and methods
used to produce HTA reports in and for hospitals

There are different reasons to adopt Hospital Based HTA (6):
1. It is a tool for prioritization
2. It provides hospital decision-makers (managers and clinicians) with science-based,
multifaceted information and the necessary arguments on which to base the decision on
whether or not to invest in a technology
3. Derived information is superior to that provided by national or regional HTA agencies
because it is a) rapid and timely, b) tailored to the hospital’s setting, and c) tailored to the
information requirements of hospital managers
4. It increases effectiveness of technologies used in the hospital
5. It improves efficiency in the hospital budget management
6. It may lead to improved patient safety


International collaborations in HB-HTA:
 Health Technology Assessment international (HTAi): SIG
 AdHopHTA: large project funded by European Commision

Gagnon (2014): established a framework of
hospital-based HTA models.
= It has two dimensions:
1. Organizational complexity
- Low
(individual –
person doing
the work)
- High (team-
group-unit)

2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller daniquelisa. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $6.93. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53068 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$6.93
  • (0)
Add to cart
Added