CHANGE OF MEDICAL COST: BUSINESS FORECASTING MODEL FOR CASE OF HUMAN PAPILLOMA VIRUS VACCINE IN THAILAND

Abstract

Cost is an important concern in medicine. To select any diagnostic or the rapeutic option, there is a requirement to concern on the cost and usefulness of that manipulation. On the other hand, in view of medical device or drug company, the aim is usually the highest profit. The agreeable meeting point between medical practitioner and the company is usually an interesting situation and usually requires a long term bargaining. Sometimes, the high cost of a new medical management can be seen and the dramatically reduction of the cost might be observed after a period of time after its first implementation. Here, the author discusses on an interesting case study of human papilloma virus vaccine in Thailand.