16 Questions
What is the main focus of health economics?
Making medicines cost-effective
In the Cost Minimisation Example 1, what would be the annual cost saving if 72 patients switched from soluble tablets to caplets?
£4147.20
What is the monthly saving when switching 72 patients from soluble tablets to caplets in Cost Minimisation Example 1?
£345.60
In Cost Minimisation Example 2, how much does the new supplier charge for a box of 28 ramipril 2.5mg capsules?
£5.12
In the Cost Minimisation Example 1, if the monthly cost difference between paracetamol 500mg soluble tablets and paracetamol 500mg caplets was £6.40 instead of £4.80, what would the annual cost saving be if 72 patients switched from soluble tablets to caplets?
£5172.80
In the Cost Minimisation Example 2, if the community pharmacist orders 150 boxes per month instead of 125, and the new supplier charges £5.08 for a box of 28 ramipril 2.5mg capsules instead of £5.12, how much will they save over the next 4 months by switching to the new supplier?
£154.56
If a pharmacist was considering switching from paracetamol 500mg soluble tablets to paracetamol 400mg caplets, and the monthly cost difference is £3.60, how much would the annual cost saving be if 60 patients switched from soluble tablets to caplets?
£2592.00
If a community pharmacist orders 100 boxes of ramipril 2.5mg capsules per month and has a monthly saving of £75.60 by switching to a new supplier, what is the cost difference per box between the current and new supplier?
£0.76
If a pharmacist is considering switching from ramipril 2.5mg capsules to ramipril 5mg capsules, and the monthly cost difference is £6.50, how much would the annual saving be if 80 patients switched from 2.5mg to 5mg capsules?
£6240.00
If a pharmacy technician wants to calculate the total annual saving from switching patients from paracetamol soluble tablets to paracetamol caplets, what value should they multiply the monthly saving by?
12
What is the annual cost saving if 72 patients are switched from paracetamol 500mg soluble tablets to paracetamol 500mg caplets, given the monthly cost difference is £4.80?
£4147.20
How much will a community pharmacist save over the next 4 months by switching to a new supplier, if the cost per box of ramipril 2.5mg capsules decreases from £5.78 to £5.12 and they order 125 boxes per month?
£247.50
If a pharmacy technician wants to calculate the total annual saving from switching patients from paracetamol soluble tablets to paracetamol caplets, what value should they multiply the monthly saving by?
12
What is the main focus of health economics?
Ensuring medicines are cost-effective and providing value for money to the NHS and patients
If a pharmacist is considering switching from ramipril 2.5mg capsules to ramipril 5mg capsules, and the monthly cost difference is £6.50, how much would the annual saving be if 80 patients switched from 2.5mg to 5mg capsules?
£6240.00
In the Cost Minimisation Example 2, how much will a community pharmacist save over the next 4 months by switching to the new supplier, if the cost per box of ramipril 2.5mg capsules decreases from £5.78 to £5.12 and they order 125 boxes per month?
£247.50
Test your understanding of health economics and pharmaceutical calculations in this quiz based on the micro lecture by Susan Gault Dale for the PHA113 MPharm course. The quiz covers topics such as cost-effective medicines and performing health economics calculations.
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