Economic Evaluation for Health Services - Why It Matters

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31 Questions

What is the main reason for including economic evaluation in a globally scaled research strategy?

Clarifying economically controversial issues

Who conducts the majority of economic evaluation studies in healthcare?

Pharmaceutical companies

Why is perspective crucial in economic evaluation analyses?

To accurately reflect reality and avoid incorrect decisions

Which factor is mentioned as a reason for conducting a systematic analysis if not measured numerically?

Risk-involved situations

What can lead to incorrect decisions in economic evaluation analyses?

Not measuring both inputs and results numerically

What is the purpose of including economic evaluation in a globally scaled research strategy?

To identify problems and alternative solutions

What is the primary goal of Health Technology Assessment (HTA)?

To provide information for patient-centered, safe, and effective health policies

What is the primary goal of pharmacoeconomic research?

To influence doctors' prescribing behavior and increase demand for the drug

Which dimension is concerned with the cost of technology in Health Technology Assessment (HTA)?

Economic Impact

What is one of the dimensions of HTA concerned with the performance of technology under 'routine' conditions?

Effectiveness

What does Health Technology Assessment (HTA) examine with regard to technology's overall impact?

Safety

What is a characteristic of economic evaluation?

Concern with economic benefits, costs, and the economic value of technology

Who are intended to be convinced of the necessity of bearing the treatment costs in pharmacoeconomic research?

Health insurance companies and patients

In what way does HTA aim to provide information?

For safe and effective health policies

What is the multidisciplinary process in HTA aimed at summarizing?

Medical, social, economic, and ethical issues related to health technology

What is the primary goal of Health Technology Assessment (HTA)?

To provide information for patient-centered, safe, and effective health policies

Why is it important to conduct a systematic analysis for economic evaluation?

To identify problems and alternative solutions

What is the crucial aspect of economic evaluation analyses?

The uncertainty of the long-term cost of the disease

Who finances the majority of economic evaluation studies in healthcare?

Pharmaceutical companies

What is the primary reason for including economic evaluation in a globally scaled research strategy?

To clarify economically controversial issues

What can lead to incorrect decisions in economic evaluation analyses?

Not conducting a systematic analysis

Which factor is mentioned as a potential risk-involved situation in economic evaluation analyses?

Switching from over-the-counter to prescription sales for a drug

What is the primary goal of pharmacoeconomic research?

To influence doctors' prescribing behavior and increase demand for the drug

What is one of the dimensions of Health Technology Assessment (HTA) concerned with the performance of technology under 'routine' conditions?

Effectiveness

Who are intended to be convinced of the necessity of bearing the treatment costs in pharmacoeconomic research?

All of the above

Which dimension is concerned with the cost of technology in Health Technology Assessment (HTA)?

Economic Impact

What does Health Technology Assessment (HTA) examine with regard to technology's overall impact?

The cost-effectiveness and budget impact of technology

What is the main reason for including economic evaluation in a globally scaled research strategy?

To achieve greater gains by using existing resources more efficiently

What is a characteristic of economic evaluation?

Always based on research and scientific methods

What is the multidisciplinary process in HTA aimed at summarizing?

Medical, social, economic, and ethical issues related to health technology

In what way does HTA aim to provide information?

For decisions regarding the efficient use and allocation of resources

Study Notes

Economic Evaluation in Healthcare

  • The primary reason for including economic evaluation in a globally scaled research strategy is to inform healthcare decision-making and resource allocation.

Conducting Economic Evaluation Studies

  • The majority of economic evaluation studies in healthcare are conducted by pharmaceutical companies.

Importance of Perspective in Economic Evaluation

  • Perspective is crucial in economic evaluation analyses as it determines whose costs and benefits are considered.

Systematic Analysis in Economic Evaluation

  • A systematic analysis is essential when not all relevant factors can be measured numerically, and it helps to ensure that all relevant studies are included in the analysis.
  • Failure to conduct a systematic analysis can lead to incorrect decisions in economic evaluation analyses.

Purpose of Economic Evaluation in Research Strategy

  • The purpose of including economic evaluation in a globally scaled research strategy is to inform healthcare decision-making and resource allocation.

Health Technology Assessment (HTA)

  • The primary goal of HTA is to inform healthcare decision-making by evaluating the clinical, economic, and social implications of healthcare technologies.
  • HTA examines the overall impact of a healthcare technology on the healthcare system, patients, and society.
  • One of the dimensions of HTA is concerned with the performance of technology under 'routine' conditions.
  • Another dimension is concerned with the cost of technology.

Pharmacoeconomic Research

  • The primary goal of pharmacoeconomic research is to provide information to decision-makers about the economic value of a pharmaceutical product.
  • The primary goal of pharmacoeconomic research is to convince payers (e.g., governments, insurance companies) of the necessity of bearing the treatment costs.

Characteristics of Economic Evaluation

  • A characteristic of economic evaluation is that it provides a framework for decision-making based on the comparison of costs and outcomes.

Importance of Systematic Analysis

  • It is essential to conduct a systematic analysis to avoid incorrect decisions in economic evaluation analyses.
  • A crucial aspect of economic evaluation analyses is the systematic identification, appraisal, and synthesis of relevant studies.

Explore the importance of conducting systematic economic evaluations for health services. Understand the significance of perspective, numerical measurement of inputs and results, and how systematic analyses enhance decision-making transparency and accountability.

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