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Creating Price Indexes for Measuring Productivity in Mental Health Care

Author

Listed:
  • Busch Susan H.

    (Division of Health Policy and Administration, Yale Medical School)

  • Berndt Ernst R.

    (Alfred P. Sloan School of Management, MIT and NBER)

  • Frank Richard G.

    (Department of Health Care Policy, Harvard Medical School and NBER)

Abstract

Economists have long suggested that to be reliable, a preferred medical care price index should employ time-varying weights to measure outcomes-adjusted changes in the price of treating an episode of illness. In this article, we report on several years of research developing alternative indexes for the treatment of the acute phase of major depression, for the period 1991-1996. The introduction of new treatment technologies in the past two decades suggests well-known measurement issues may be prominent in constructing such a price index.We report on the results of four successively re

Suggested Citation

  • Busch Susan H. & Berndt Ernst R. & Frank Richard G., 2001. "Creating Price Indexes for Measuring Productivity in Mental Health Care," Forum for Health Economics & Policy, De Gruyter, vol. 4(1), pages 1-35, January.
    • Handle: RePEc:bpj:fhecpo:v:4:y:2001:n:6
    DOI: 10.2202/1558-9544.1025
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    Cited by:

    1. David H. Howard & Peter B. Bach & Ernst R. Berndt & Rena M. Conti, 2015. "Pricing in the Market for Anticancer Drugs," NBER Working Papers 20867, National Bureau of Economic Research, Inc.
    2. Xue Song & William D. Marder & Robert Houchens & Jonathan E. Conklin & Ralph Bradley, 2009. "Can A Disease-Based Price Index Improve the Estimation of the Medical Consumer Price Index?," NBER Chapters, in: Price Index Concepts and Measurement, pages 329-368, National Bureau of Economic Research, Inc.

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