Dr Matthew Boente MD

There is a multitude of branches one can follow when studying medicine. From knowing the intricacies of the brain to specializing in children’s medical needs, modern medicine has its work cut out in terms of keeping everyone healthy. But what about the backbone of medicine itself? Who takes care of hospitals, clinics, and other healthcare facilities? While administrative staff help with running these facilities, health economists can assess situations to challenge and improve the status quo, explains Dr. Matt Boente MD. What can you expect to learn when studying health economics? Image source: knowledge.insead.edu Image source: mit.edu Health economics is an economics branch that affects healthcare and healthcare systems and facilities in terms of effectiveness and value. In the most basic economic terms, health economists are there to make sure prices are fair in terms of the value patients are given. This is often attributed to the demand for healthcare in certai...