Podcast
Questions and Answers
Efficacy studies focus on real-world results achieved in carefully designed and well-controlled studies.
Efficacy studies focus on real-world results achieved in carefully designed and well-controlled studies.
False
Effectiveness is determined by results achieved in the real world.
Effectiveness is determined by results achieved in the real world.
True
Observational studies provide internal validity for assessing the effectiveness of interventions.
Observational studies provide internal validity for assessing the effectiveness of interventions.
False
Efficiency is the measurement of the resource utilization function of value.
Efficiency is the measurement of the resource utilization function of value.
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Ethics is an assessment of whether the intervention is worth its price.
Ethics is an assessment of whether the intervention is worth its price.
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Equity is an underlying component of ethics and is an assessment of whether the intervention represents a fair allocation of resources.
Equity is an underlying component of ethics and is an assessment of whether the intervention represents a fair allocation of resources.
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Outcomes refer to the ultimate result of a pharmacy intervention or service.
Outcomes refer to the ultimate result of a pharmacy intervention or service.
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The ECHO model includes economic, clinical, and humanistic outcomes.
The ECHO model includes economic, clinical, and humanistic outcomes.
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Direct, indirect, and intangible costs are types of costs compared with the consequences of medical treatment alternatives.
Direct, indirect, and intangible costs are types of costs compared with the consequences of medical treatment alternatives.
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Opportunity cost refers to the value of the next best use that is forgone.
Opportunity cost refers to the value of the next best use that is forgone.
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Pharmacoeconomics is solely focused on identifying and comparing costs of therapies
Pharmacoeconomics is solely focused on identifying and comparing costs of therapies
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Health outcomes research includes measuring clinical outcomes, financial impact, and patient-reported quality of life
Health outcomes research includes measuring clinical outcomes, financial impact, and patient-reported quality of life
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The goal of pharmacoeconomics is to determine which alternative produces the best outcomes for the resources invested
The goal of pharmacoeconomics is to determine which alternative produces the best outcomes for the resources invested
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Value in the context of recent health care reform is defined as 'health outcomes per dollar spent'
Value in the context of recent health care reform is defined as 'health outcomes per dollar spent'
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An intervention's value can be determined through four types of evaluation
An intervention's value can be determined through four types of evaluation
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Pharmacoeconomic analyses are based on outcomes and resources
Pharmacoeconomic analyses are based on outcomes and resources
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What is the main focus of efficacy studies?
What is the main focus of efficacy studies?
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Which type of outcomes are changes in patient status or quality of life?
Which type of outcomes are changes in patient status or quality of life?
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What does efficiency in the context of interventions refer to?
What does efficiency in the context of interventions refer to?
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Which term refers to the value of the next best use that is forgone in pharmacoeconomics?
Which term refers to the value of the next best use that is forgone in pharmacoeconomics?
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What is the main focus of observational studies in assessing interventions?
What is the main focus of observational studies in assessing interventions?
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Which of the following best defines pharmacoeconomics?
Which of the following best defines pharmacoeconomics?
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What is the primary focus of health outcomes research?
What is the primary focus of health outcomes research?
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What is the goal of pharmacoeconomic analyses?
What is the goal of pharmacoeconomic analyses?
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What does 'value' refer to in the context of recent health care reform?
What does 'value' refer to in the context of recent health care reform?
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What is the methodology used to identify and measure the link between treatments or interventions delivered and the actual outcomes achieved?
What is the methodology used to identify and measure the link between treatments or interventions delivered and the actual outcomes achieved?
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