Healthcare Systems
Quality-adjusted life years (QALY) is a measure used to assess the value of medical interventions by combining both the quantity and quality of life. It quantifies the additional years of life gained from a treatment, adjusted for the quality of those years, where one QALY equates to one year of perfect health. This concept plays a crucial role in healthcare systems by helping prioritize healthcare resources and making informed decisions, especially in contexts involving aging populations and chronic diseases.
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