Patients who were hospitalized for asthma were placed on a new drug. The drug resulted in an extra day of hospitalization (the length of stay went from 6 to 7 days), the extra day would cost $1,600. There were no other differences in the treatment. The drug cost $600 for the dose. Also, administration of the drug and monitoring of the patient after administration took an hour of nursing time (wage = $40 per hour) and $20 in supplies were used in the administration of the drug. The mortality rate was 20 deaths per 100 with the drug and 24 deaths per 100 without it. What is the cost-effectiveness ratio for using the drug?

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The Answer of Patients who were hospitalized for asthma were placed on a new drug. The drug resulted in an extra day of hospitalization (the length of stay went from 6 to 7 days), the extra day would cost $1,600. There were no other differences in the treatment. The drug cost $600 for the dose. Also, administration of the drug and monitoring of the patient after administration took an hour of nursing time (wage = $40 per hour) and $20 in supplies were used in the administration of the drug. The mortality rate was 20 deaths per 100 with the drug and 24 deaths per 100 without it. What is the cost-effectiveness ratio for using the drug?

Patients Who Were Hospitalized for Asthma Were Placed on a New