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Economic Evaluation in Health Care


Course Description

The application of economic evaluation techniques in health care decision-making. Topics include cost-effectiveness analysis, cost-benefit analysis, discounting, Markov models, sensitivity analysis and controversies of economic evaluations.


Athena Title

Economic Eval in Health Care


Equivalent Courses

Not open to students with credit in HPAM 7850, HPAM 7850E, HPAM 8850, HPAM 8850E


Semester Course Offered

Offered spring


Grading System

A - F (Traditional)


Course Objectives

Upon completion of this course, students should be able to: 1)Identify the differences between various types of economic evaluations 2)Select an economic evaluation technique appropriate for a health care question 3)Design and conduct economic evaluations to aid health-care decision making 4)Apply knowledge and skills to critically evaluate published literature 5)Discuss the limitations and controversies of economic evaluations


Topical Outline

Week 1 Introduction and Overview Theoretical basis of economic evaluation Types of economic evaluations Week 3 Cost Assessments Week 4 Decision Analysis Week 5 Methods of Economic Evaluation • Cost-effectiveness analysis • Cost-utility analysis Week 6 Cost-Benefit Analysis Week 7 Markov Modeling Week 8 Trial-based economic evaluation Week 9 Handling uncertainties in economic evaluation • Sensitivity Analysis • Confidence Intervals • Cost-effectiveness acceptability curve Week 10 Spring Break, no class Week 11 Controversies in economic evaluations • Discounting health states • Unrelated medical and non-medical costs Week 12 Applications of economic evaluations Week 13 Applications of economic evaluations Week 14 Guidelines and regulations regarding economic evaluations Week 15 Student presentations Week 16 Student presentations


Syllabus


Public CV