What is IEC SRD 63234‑1 about?
IEC SRD 63234‑1 is the first in the IEC SRD 63234 series of documents on the economic evaluation of active assisted living services. IEC SRD 63234‑1 is an international standard on economic evaluation of active assisted living services for measurement of economic efficiency.
IEC SRD 63234‑1 series provide a descriptive framework and template for the economic evaluation of the implementation of technology-supported home healthcare or wellness services, or AAL services that support communications, transportation, etc. as defined in a series of AAL use cases. The financial analysis is completed from the point of view of the healthcare services funder, aged care services funder, or similar governmental or nongovernmental organization.
Who is IEC SRD 63234‑1 for?
IEC SRD 63234‑1 on a framework of economic evaluation of active assisted living things is useful for:
- Finance ministry and governance
- Health insurance companies
- Transportation service providers
- Communication sector
Why should you use IEC SRD 63234‑1?
Economic evaluation includes the identification, measurement, valuation and comparison of the costs and consequences of the alternatives
IEC SRD 63234‑1 provides you with a framework for economic evaluations of proposed new healthcare services and technologies involving the assessment of the costs and effects of any interventions in the healthcare system and provide input into economic sustainability.
IEC SRD 63234‑1 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