Pharmacoeconomic Analyses and Modeling

Dixon Thomas, Mickael Hiligsmann, Denny John, Ola Ghaleb Al Ahdab, Hong Li

Research output: Chapter in Book/Report/Conference proceedingChapterAcademic

Abstract

Pharmacoeconomic analyses are increasingly used to help decision-makers assess the value of health interventions. This value assessment promotes the effective and affordable use of healthcare resources. Different frameworks used in pharmacoeconomic analyses, with a focus on common modeling methods, are discussed. The following pharmacoeconomic analyses are compared and contrasted: cost-of-illness analysis (COI), budget-impact analysis (BIA), cost-comparison analysis, cost-minimization analysis (CMA), cost-effectiveness analysis (CEA), cost-utility analysis (CUA), cost-consequence analysis (CCA), and cost-benefit analysis (CBA). The commonly used modeling methods, including decision trees and Markov models, are compared.
Original languageEnglish
Title of host publicationClinical Pharmacy Education, Practice and Research
Subtitle of host publicationClinical Pharmacy, Drug Information, Pharmacovigilance, Pharmacoeconomics and Clinical Research
EditorsDixon Thomas
PublisherElsevier
Chapter18
Pages261-275
Number of pages15
ISBN (Electronic)9780128142769
ISBN (Print)9780128142776
DOIs
Publication statusPublished - 2019

Keywords

  • Affordability
  • Cost-effectiveness
  • Evaluation
  • Pharmacoeconomic analysis

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