Sample interview questions: How do you account for productivity gains or losses when evaluating healthcare interventions?
Sample answer:
Accounting for Productivity Gains or Losses in Healthcare Interventions
Productivity gains or losses, resulting from healthcare interventions, influence cost-effectiveness and resource allocation decisions. Assessing these changes requires a comprehensive approach:
1. Direct Measurement:
- Utilize time studies to quantify time saved or additional time required for patient care or provider tasks.
- Track changes in the number of patients seen per hour, procedures performed, or other performance metrics.
2. Indirect Measures:
- Survey patients to assess perceived changes in functional status, work productivity, or quality of life.
- Utilize data from electronic health records to measure changes in healthcare utilization, such as hospitalizations, emergency department visits, or outpatient appointments.
3. Valuing Productivity Changes:
- Assign monetary values to time saved or gained, using methods like the human capital approach or the friction cost method.
- Consider both market wages and societal valuations of productivity.
4. Incorporating into Economic Evaluatio… Read full answer