Tag Archives: healthcare policy

The Importance of Quality Adjusted Life Years (QALY) in Healthcare Policy

In the ever-evolving healthcare landscape, value, defined as the relationship between cost and quality, stands at the forefront of discussions. Measuring the cost-effectiveness and the actual value of medical services and treatments has long been a complex endeavor. Enter the Quality Adjusted Life Year (QALY), a gold standard in assessing the benefits of therapies, which has provided invaluableā€¦ Read More »