stdClass Object
(
    [id] => 17162
    [paper_index] => 202507-01-023396
    [title] => ECONOMIC MODELING OF STRATEGIC MEDICAL RESERVE SYSTEMS: COST-EFFECTIVENESS AND RESILIENCE IN HEALTHCARE EMERGENCY PREPAREDNESS
    [description] => 
    [author] => Jude Shagan Azai , Oluwatoyosi Rhoda Kaffi , Jehu Emefa Nii-Laryea Laryea 
    [googlescholar] => 
    [doi] => https://doi.org/10.36713/epra23396
    [year] => 2025
    [month] => July
    [volume] => 11
    [issue] => 7
    [file] => fm/jpanel/upload/2025/July/202507-01-023396.pdf
    [abstract] => Strategic medical reserve systems represent critical infrastructure for healthcare emergency preparedness, yet their economic evaluation remains challenging due to uncertainty, rare event characteristics, and complex benefit structures. Recent pandemic experiences have highlighted significant gaps in existing preparedness frameworks and the need for robust economic modeling approaches. This systematic review examines economic modeling approaches for strategic medical reserve systems, analyzing cost-effectiveness methodologies and resilience measurement frameworks to identify best practices and research gaps. A comprehensive literature review was conducted across multiple databases covering publications from 2000-2024. Studies were classified according to modeling approaches, application domains, and methodological frameworks. Quality assessment focused on appropriateness of economic evaluation methods and treatment of uncertainty. Traditional cost-effectiveness analysis has been substantially adapted for strategic reserve evaluation, with emerging frameworks incorporating real options theory, portfolio optimization, and simulation-based approaches. Key cost components include procurement, storage, maintenance, and opportunity costs, while benefits encompass lives saved, economic productivity preservation, and avoided healthcare system collapse. Case studies reveal tensions between cost containment and preparedness adequacy, with hybrid approaches combining physical stockpiles and production capacity reserves showing promise. Optimal strategic reserve systems require integrated economic frameworks that balance preparedness adequacy against fiscal constraints while accommodating uncertainty and resilience considerations. Future research should prioritize standardized evaluation methodologies, real-time adaptive modeling, and international coordination mechanisms. The field would benefit from increased empirical validation and development of evidence-based policy frameworks that translate complex economic analyses into actionable guidance for decision-makers.
    [keywords] => Strategic Medical Reserves, Health Emergency Preparedness, Cost-Effectiveness Analysis, Healthcare Resilience, Pandemic Preparedness
    [doj] => 2025-07-29
    [hit] => 
    [status] => 
    [award_status] => P
    [orderr] => 134
    [journal_id] => 1
    [googlesearch_link] => 
    [edit_on] => 
    [is_status] => 1
    [journalname] => EPRA International Journal of Multidisciplinary Research (IJMR)
    [short_code] => IJMR
    [eissn] =>  2455-3662 (Online)
    [pissn] => - --
    [home_page_wrapper] => images/products_image/11.IJMR.png
)
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