- 20 Apr 2020, 17:22
#4113
Selection of the comparison drug is the very important aspect of pharmacoeconomic studies. Your choice of drug should have any of the followings,
1. Drugs that produce same efficacy but different in costs
2. Drugs that are different in efficacy and also in cost
3. Drugs that control secondary long-term complications or risks
In general, if there is a uncertainty about the new drugs efficacy and its related health outcomes Or when you want to assess the outcome of any new drugs with the existing drug from your hospital formulary, the pharmcoeconomic analyis methods can be applied to make appropriate decisions. Read More about Decision Analysis and Decision Tree and etc.
Understand its NOT only limited to drugs you can include services and programs also for pharmacoeconomic analysis. e.g Impact of clinical pharmacist on cost of drug therapy in the ICU - Check this paper -https://www.sciencedirect.com/science/a ... 6412001296
There are lot of PE study methods are available, you need to find the relevant research question and use appropriate study designs to get the meaningful results and every study method has its own decision rules, listed the common studies which is used in PE Analysis.
Ayilya M wrote: ↑19 Apr 2020, 16:48 How do we choose an appropriate drug for doing Pharmacoeconomic studies in a secondary care hospital sector?@Ayilya M
Selection of the comparison drug is the very important aspect of pharmacoeconomic studies. Your choice of drug should have any of the followings,
1. Drugs that produce same efficacy but different in costs
2. Drugs that are different in efficacy and also in cost
3. Drugs that control secondary long-term complications or risks
In general, if there is a uncertainty about the new drugs efficacy and its related health outcomes Or when you want to assess the outcome of any new drugs with the existing drug from your hospital formulary, the pharmcoeconomic analyis methods can be applied to make appropriate decisions. Read More about Decision Analysis and Decision Tree and etc.
Understand its NOT only limited to drugs you can include services and programs also for pharmacoeconomic analysis. e.g Impact of clinical pharmacist on cost of drug therapy in the ICU - Check this paper -https://www.sciencedirect.com/science/a ... 6412001296
There are lot of PE study methods are available, you need to find the relevant research question and use appropriate study designs to get the meaningful results and every study method has its own decision rules, listed the common studies which is used in PE Analysis.
- Cost Effectiveness Analysis
- Cost Benefit Analysis
- Cost Utility Analysis
- Cost Minimization Analysis