- Pharmacoeconomics
Pharmacoeconomics refers to the scientific discipline that compares the value of one pharmaceutical drug or drug therapy to another. It is a sub-discipline of
Health economics . A pharmacoeconomic study evaluates the cost (expressed in monetary terms) and effects (expressed in terms of monetary value, efficacy or enhancedquality of life ) of a pharmaceutical product. We can distinguish several types of pharmacoeconomic evaluation:cost-minimization analysis ,cost-benefit analysis ,cost-effectiveness analysis andcost-utility analysis . Pharmacoeconomic studies serve to guide optimal healthcare resource allocation, in a standardized and scientifically grounded manner.One important consideration in a pharmacoeconomic evaluation is to decide the perspective from which the analysis should be conducted (such as institutional or societal).
A complete compilation of cost-utility analyses in the peer reviewed medical literature is available at the [http://www.tufts-nemc.org/CEARegistry The CEA Registry Website] .
Academic resources
* "PharmacoEconomics", ISSN 1170-7690, Adis International
* "Value in Health", ISSN: 1524-4733 (internet), 1098-3015 (print),Blackwell Publishing ee also
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Cost-minimization analysis
*Cost-effectiveness analysis
*Cost-benefit analysis
*Cost-of-illness
*Cost-utility analysis
*Disability-adjusted life years - DALYs
*Global burden of disease
*Global comparative cost of pharmaceutical molecule
*Health utility index
*Health-adjusted life years - HALYs
*Perspective (pharmacoeconomic)
*Quality-adjusted life years - QALYs
*Quality of life External links
* [http://www.ispor.org International Society For Pharmacoeconomics and Outcomes Research]
* [http://ispor.co.googlepages.com ISPOR-CO, The Colombian Chapter of The International Society for Pharmacoeconomics and Outcomes Research]* [http://www.healtheconomics.com/ HealthEconomics.Com]
* [http://www.healtheconomics.nl Health Economics and Pharmacoeconomics Glossary of Terms - maintained by the University of Groningen, the Netherlands]
* [http://www.future-drugs.com/loi/erp Expert Review of Pharmacoeconomics and Outcomes Research - Peer-reviewed journal published by Future Science Group]
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