Standard Occupational Classification (SOC): Economists

Economists in healthcare are professionals who specialize in the economic analysis of the healthcare industry. They may work in a variety of settings, including hospitals, government agencies, research organizations, and consulting firms, and they may focus on a wide range of topics, including healthcare financing, healthcare policy, and the economics of healthcare delivery.

Economists in healthcare often use economic tools and techniques, such as cost-benefit analysis and economic modeling, to study the economic impacts of healthcare policies and programs. They may also analyze data on healthcare utilization, cost, and quality to identify trends and patterns and to inform decision-making.

Economists in healthcare may work closely with policymakers, healthcare providers, and other stakeholders to provide insights and recommendations on a variety of issues, including healthcare financing, policy reform, and the delivery of healthcare services. They may also conduct research and publish findings in academic journals and other publications.

Overall, economists in healthcare play an important role in understanding the economic forces that shape the healthcare industry and in informing policies and practices that can improve the efficiency and effectiveness of healthcare delivery. They use their expertise in economic analysis to help policymakers, healthcare providers, and other stakeholders make informed decisions about the allocation of resources and the design of healthcare programs and policies.