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Dictionary of Evidence-based Medicine.pdf

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M<br />

Macroeconomics<br />

Macroeconomics is one <strong>of</strong> the two main branches (the other is microeconomics)<br />

<strong>of</strong> economic theory. It deals with the 'macro' or larger economic<br />

issues such as growth in gross domestic product, inflation and unemployment.<br />

Main effect<br />

In the analysis <strong>of</strong> the results <strong>of</strong> experiments, a main effect is a response<br />

caused by changing a single factor.<br />

Malthus, Thomas Robert<br />

Malthus was a British economist (1776-1834) who predicted poverty and<br />

starvation as inevitable consequences <strong>of</strong> the conflict between the laws <strong>of</strong><br />

nature and human behaviour. He <strong>based</strong> his prediction on a model which<br />

assumed geometric growth in population and an arithmetic growth in food<br />

production. Fortunately, however, his prediction was wrong (Figure 15).<br />

Managed care<br />

In health services terminology, managed care refers to a variety <strong>of</strong> methods<br />

for managing the efficient delivery <strong>of</strong> comprehensive health care. Costs are<br />

contained through the control <strong>of</strong> the provision <strong>of</strong> services and the use <strong>of</strong><br />

formularies while an attempt is made to maintain quality <strong>of</strong> care through<br />

careful clinical audits. The concept was developed in the United States in<br />

response to the escalating costs <strong>of</strong> health care and the perceived lack <strong>of</strong><br />

accountability by the providers <strong>of</strong> health care. While there are many<br />

managed care structures, most fall into two categories: health maintenance<br />

organizations (HMOs) and preferred provider organizations (PPOs).<br />

HMOs provide comprehensive managed health care in return for prepayment.<br />

Such organizations may set up contracts with independent medical<br />

practices (independent practice association (IPA) model) to provide the<br />

services or hire their own salaried physicians (non-IPA or staff model).

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