Healthcare professionals are under increasing pressure to stem the rise of healthcare
costs and national healthcare expenditures. This has led to great interest in cost-effective
therapy for patients. This article reviews the different types of economic analysis
of medical practice and the components of a cost-effective analysis. It also reviews
how to evaluate a cost-effectiveness paper and apply it to clinical practice. Economic
analysis of a medical practice is a formal and quantitative method of comparing alternative
strategies with respect to cost and outcomes. These analyses are frequently poorly
performed, limiting their applicability to clinic practice. After reading this review,
a physician should be better equipped to effectively evaluate economic analyses.
Cost-effectiveness - infertility - in vitro fertilization - economic analysis