Essentials of Economic Evaluation in Healthcare

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9780853695745: Essentials of Economic Evaluation in Healthcare
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With increasing pressure on national healthcare budgets, there has evolved in recent years a greater appreciation of the costs of medical interventions. This has resulted in the burgeoning field of health economics in which the costs versus benefits of various medical treatments are compared against desired incomes. Bridging a gap in the literature, this new book introduces and comprehensively covers the subject of health economics. Section 1 explains in detail the principles and theory of health economics using examples relevant to pharmacy. Section 2 moves on to discuss economic evaluation methodology and contains many work examples. Each chapter is fully referenced and contains a bibliography and suggestions for further reading.

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Review:

'...the scope and accuracy of the book are unquestionable...this book is down to earth with everyday examples. For someone interested in health economics, this is a recommended read since it requires no advanced level mathematics for comprehension.'
Albert I Wertheimer, Temple University School of Pharmacy, Doody's Notes, 1 April 2005 (Albert I Wertheimer Doody's Notes)

From the Back Cover:

With increasing pressure on national healthcare budgets, all healthcare professionals should have a basic understanding of the finite nature of healthcare resources, and the need to make choices between treatments based on a cost-benefit comparison. This book is an introduction to economic evaluation for those with little or no knowledge of economics or health economics. This textbook gives an overview of economic issues specific to healthcare, and describes the main types of economic evaluation: cost effectiveness, cost utility and cost benefit analysis. The use of decision analysis to design and carry out economic evaluations is discussed. Preferred statistical methods for handling costs, current approaches to dealing with uncertainty and quantifying patient preferences using discrete choice experiments are explained. Each chapter contains worked examples and questions. This text will be invaluable to pharmacists and pharmacy students as well as to other healthcare professionals, researchers and managers. Rachel Elliott is Clinical Senior Lecturer, School of Pharmacy and Pharmaceutical Sciences, University of Manchester, UK Katherine Payne is Research Fellow in Health Economics, North West Genetics Knowledge Park (Nowgen), St Mary’s Hospital, Manchester, UK

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