(Answered) define economics evaluation and explain why it is important in healthcaredefine economics…

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➤ When should economic evaluation be conducted in healthcare planning or research?
Conduct economic evaluation early during intervention development and again before adoption to inform pricing, reimbursement, and scale-up. Use trial-based evaluations for empirical evidence and model-based analyses to project long-term costs and outcomes. Also apply post-implementation assessments for budget impact and real-world effectiveness to refine policy and resource allocation.

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