Economic evaluation of active assisted living services - Example of use. Monitoring patients with chronic diseases

Economic evaluation of active assisted living services - Example of use. Monitoring patients with chronic diseases

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What is IEC SRD 632342 about?  

IEC SRD 63234‑2 is the second part of the IEC SRD 63234 series of documents on the economic evaluation of active assisted living services. IEC SRD 63234‑2 is an international standard on the economic evaluation of active assisted living services for the measurement of economic efficiency. 

IEC SRD 632342 provides a descriptive framework and template for the economic evaluation of the implementation of technology-supported home healthcare, wellness or AAL services. 

IEC SRD 632342 also provides an example of the use of the framework, specifical analysis and economic evaluation of the implementation of technology-supported, remote, in-home monitoring of patients (AAL care recipients) with chronic diseases. 

Who is IEC SRD 632342 for? 

IEC SRD 632342 on economic evaluation of active assisted living services is useful for: 

  • Financial advisors 
  • Health advisors  
  • AAL service providers 

Why should you use IEC SRD 632342?  

Economic evaluation includes the identification, measurement, valuation and comparison of the costs and consequences of the alternatives 

IEC SRD 632342 provides you with the example data for a reference scenario (the current means of providing care to patients with chronic diseases, the target patient population) and compare this against an alternate scenario (the healthcare intervention using the AAL physiological measurement and monitoring service) for the economic comparison. 

IEC SRD 63234‑2 provides you with a well-defined, inclusive set of objectives for new interventions, leading to improvements in the local and national healthcare systems, consists of the following: 

  • Improve the health of the population  
  • Improve the patients' (e.g., AAL care recipients) experience of care 
  • Lower (or hold constant) the per capita cost of care to the healthcare system to ensure sustainability 
  • (The recently added fourth aim) improve the work-life of healthcare providers (e.g., healthcare professionals and AAL formal carers), clinicians, and other staff