Cost-Effectiveness Analysis, Cost-Utility Analysis, and the Perfect Health Care System

Cost-Effectiveness Analysis, Cost-Utility Analysis, and the Perfect Health Care System Student’s Name Institution Course Code: Course Name Professor’s Name Submission Date Contrasting Results from Cost-Effectiveness Analysis (CEA) and Cost-Utility Analysis (CUA) Two treatments for chronic pain can give contrary results. CEA emphasizes measurable health outcomes, while CUA integrates patient preferences and the broader implications of therapy on daily living (Brent, 2023). A surgical intervention for chronic pain will have a high success rate in reducing pain. However, the patient will need a lengthy recovery period from the surgery. On the other hand, physical therapy for pain will give moderate relief as time passes but is less invasive. Patients can be educated on fundamental approaches to physical therapy. A CEA focusing on a pain-free day will prioritize a surgical approach to alleviating pain because it is highly effective. However, a CUA approach to chronic pain management will prefer less invasive physical therapy. It pres...