Understanding Pharmacoeconomics: Economic Evaluation in Healthcare #healtheconomics

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Welcome to our deep dive into Pharmacoeconomics, the crucial branch of health economics focused on evaluating the cost-effectiveness of pharmaceutical products and services. If you're new to this field or looking to deepen your understanding, this video is your perfect starting point!

Prepared by : Guvenc Kockaya - Oznur Seyhun

Video Edit : Yasemin Simit

🔍 What is Pharmacoeconomics?

Pharmacoeconomics applies economic principles to assess the costs and outcomes of healthcare interventions, particularly in medication management. This field helps determine the most efficient use of resources in healthcare, influencing decisions that affect clinical practices and health policies.

📊 Key Topics Covered:

Fundamental Aspects - Dive into the essential components of pharmacoeconomics, including cost analysis and economic evaluations.
Types of Costs:
Direct Medical Costs: Expenses for drugs, hospital stays, and other medical services.
Direct Non-Medical Costs: Costs like transportation and caregiving.
Indirect Costs: Societal impacts such as productivity losses.
Outcome Measures:
Clinical outcomes, Quality-Adjusted Life Years (QALYs), and Patient-Reported Outcomes (PROs).
Analytical Perspectives:
Modeling, Economic Evaluations, and Budget Impact Analysis (BIA).

👥 Who Should Watch?

This video is ideal for healthcare providers, insurers, policymakers, pharmaceutical professionals, and anyone interested in healthcare resource management.

✅ Why Watch?

Gain insights into how pharmacoeconomic studies support informed decision-making in healthcare, ensuring effective and economical patient care. Understand the methodologies used by pharmacoeconomists and how these influence healthcare policies and practices.

📝 Stay Informed

Subscribe to our channel for more insights into healthcare economics and other critical topics in the medical and health fields. Don't forget to like, comment, and share this video to help spread knowledge!

🔗 Learn More

For more detailed information on pharmacoeconomics and related studies, check out;

💬 Join the Discussion
What are your thoughts on the impact of pharmacoeconomics in healthcare decision-making? Drop your comments below!

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