Healthcare Cost Analysis Paper

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As stated by Baker (2007), cost-benefit analysis in healthcare is an assessment of costs associated with a program or a medical treatment and contrasted to the potential outcome benefits, thereby given a monetary value as to whether a treatment is cost effective or not. I personally feel that cost analysis can be potentially both good and harmful depending on the setting. I have experienced firsthand the harm of cost analysis in the setting of telemonitoring of congestive heart failure patients. The patient's that were enrolled in the program were those that had private insurance and since it was a pilot program it was free to the patient. The patients were given a wireless Bluetooth blood pressure monitor and scale with access to APRNs monitoring
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