Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model

Healthcare systems comprise the most crucial factors affecting countries economically. In this study, the infrastructure and economic structure of healthcare systems belonging to the Organization for Economic Co-operation and Development (OECD) countries are discussed to evaluate the healthcare expe...

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Main Authors: Abdulkadir Atalan, Cem Çağrı Dönmez
Format: Article
Language:English
Published: Istanbul University Press 2021-06-01
Series:Acta Infologica
Subjects:
Online Access:https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E0BF87021A394F9A8F79483814F29662
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author Abdulkadir Atalan
Cem Çağrı Dönmez
author_facet Abdulkadir Atalan
Cem Çağrı Dönmez
author_sort Abdulkadir Atalan
collection DOAJ
description Healthcare systems comprise the most crucial factors affecting countries economically. In this study, the infrastructure and economic structure of healthcare systems belonging to the Organization for Economic Co-operation and Development (OECD) countries are discussed to evaluate the healthcare expenditures (HE) and healthcare expenditures per capita (pcHE) of OECD members. We have identified factors related to healthcare economics and analyzed the significance ratios of these factors to calculate the feasible values of the factors affecting the healthcare systems in the OECD members by statistical optimization analysis. Within the feasible values obtained by using a multi-objective optimization model (MOOM) because of statistical analysis, the HE of OECD countries was minimized, and an improvement of 29.13% was achieved. The second objective function aimed to maximize the pcHE that was estimated to be at least $5,282.37 for the OECD members. Consequently, in countries that do not have a social healthcare system, it is perceived that HE amounts are excessive. The fundamental reason for this situation represents the healthcare sector’s perception as a business in those countries.
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issn 2602-3563
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publishDate 2021-06-01
publisher Istanbul University Press
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series Acta Infologica
spelling doaj-art-0c4f7344e24f4ffaa1e8107a2902830a2025-08-20T02:13:49ZengIstanbul University PressActa Infologica2602-35632021-06-015119720610.26650/acin.836372123456Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization ModelAbdulkadir Atalan0https://orcid.org/0000-0003-0924-3685Cem Çağrı Dönmez1https://orcid.org/0000-0003-3289-7134Gaziantep İslam Bilim ve Teknoloji Üniversitesi, Gaziantep, TurkiyeMarmara Üniversitesi, İstanbul, TürkiyeHealthcare systems comprise the most crucial factors affecting countries economically. In this study, the infrastructure and economic structure of healthcare systems belonging to the Organization for Economic Co-operation and Development (OECD) countries are discussed to evaluate the healthcare expenditures (HE) and healthcare expenditures per capita (pcHE) of OECD members. We have identified factors related to healthcare economics and analyzed the significance ratios of these factors to calculate the feasible values of the factors affecting the healthcare systems in the OECD members by statistical optimization analysis. Within the feasible values obtained by using a multi-objective optimization model (MOOM) because of statistical analysis, the HE of OECD countries was minimized, and an improvement of 29.13% was achieved. The second objective function aimed to maximize the pcHE that was estimated to be at least $5,282.37 for the OECD members. Consequently, in countries that do not have a social healthcare system, it is perceived that HE amounts are excessive. The fundamental reason for this situation represents the healthcare sector’s perception as a business in those countries.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E0BF87021A394F9A8F79483814F29662oecd countrieshealthcare expenditurehealthcare expenditure per capitamulti-objective optimization modelstatistical analysis
spellingShingle Abdulkadir Atalan
Cem Çağrı Dönmez
Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model
Acta Infologica
oecd countries
healthcare expenditure
healthcare expenditure per capita
multi-objective optimization model
statistical analysis
title Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model
title_full Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model
title_fullStr Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model
title_full_unstemmed Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model
title_short Evaluation of Healthcare Economics of OECD Countries: Multi-Objective Statistical Optimization Model
title_sort evaluation of healthcare economics of oecd countries multi objective statistical optimization model
topic oecd countries
healthcare expenditure
healthcare expenditure per capita
multi-objective optimization model
statistical analysis
url https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E0BF87021A394F9A8F79483814F29662
work_keys_str_mv AT abdulkadiratalan evaluationofhealthcareeconomicsofoecdcountriesmultiobjectivestatisticaloptimizationmodel
AT cemcagrıdonmez evaluationofhealthcareeconomicsofoecdcountriesmultiobjectivestatisticaloptimizationmodel