The Use of Cost- Effectiveness Analysis in Geriatric Day Care
Open Access
- 1 October 1975
- journal article
- research article
- Published by Oxford University Press (OUP) in The Gerontologist
- Vol. 15 (5 Part 1) , 412-417
- https://doi.org/10.1093/geront/15.5_part_1.412
Abstract
Cost-effectiveness analysis is a technique that can be used to compare alternative social programs in terms of their relative outcomes and costs. Researchers concerned with evaluating day care and other programs for geriatric clients are often expected to consider “cost-effectiveness”, but lack a standard approach for its application. The approach suggested in this paper, constructed as a result of a study of current day care programs, is at a conceptual level, but addresses the need for standardization of methods, generalization of findings, and provides a rationale for evaluating the cost of day care as a component of the social cost of supporting the elderly. To apply the approach a researcher should define a set of outcomes or objectives, which are not necessarily of an economic nature, be able to measure these outcomes, and be able to define and measure the costs of health care and life-support.Keywords
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