The purpose of this course is to introduce students to the fundamental methods of pharmacoeconomic analysis. The class will focus on the theory, methods, and application of technology assessment in health care. Applications will be drawn from a variety of health care settings, including pharmaceuticals.
Upon completion of this course, the student will:
- Understand the rationale and importance of pharmacoeconomic (PE) analyses.
- Identify and determine relevant cost and consequences associated with pharmacy products and services.
- Define the differences between cost-benefit analysis (CBA), cost-effectiveness analysis (CEA), cost minimization analysis (CMA), and cost-utility analysis (CUA)
- Outline the steps for conducting a pharmacoeconomic analysis.
- Apply decision analysis methodology.
- Interpret results from advanced modeling studies – such as Markov analyses
- Describe current PE methods and issues.
- Critique current PE literature.
- Describe the application of PE to various pharmacy settings
*Please note that this syllabus is subject to change. Use the updated syllabus in Canvas as the official course syllabus.