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August 25, 2009
Health Economics from Theory to Practice: Informing Related Decisions of Reimbursement, Research and Regulation
Location: Oxford, England
Dates: 25-27 August 2009
Venue: St Hilda’s
College
Course organizers: Prof Andrew Willan and Prof Simon Eckermann
Intended Audience:
. Health economists, evaluators of health
technology assessment, pharmaco-economists, applied micro-economists,
clinical epidemiologists, biostatisticians.
. Clinicians and
researchers undertaking economic studies in clinical trials.
. Health sector decision and policy makers.
Overview:
The course teaches from first principles hands-on application of methods to optimally inform decision making across related health economics decisions of reimbursement, research and regulation.
Using seminar and tutorial based learning, the course provides participants with knowledge and practical skills to:
- Undertake analysis of clinical trials to optimally inform evidence based decision making under uncertainty in processes of health technology assessment (HTA), such as that for the National Institute for Clinical Excellence (UK), for direct and indirect comparisons.
- Design clinical trials to optimally inform decision making within and across jurisdictions using parametric value of information methods that allow for real world decision contexts, including time, opportunity costs and option value of delay and imperfect implementation.
- Compare multiple strategies, including construction and use of expected net loss curves and frontiers, to optimally inform risk-neutral and risk-averse decision making.
- Undertake efficiency measurement across health care providers, such as hospitals, consistent with the maximizing of net benefit underlying evidence based medicine.
- Inform risk sharing and economically meaningful threshold values for net benefit.
The course simplifies and extends methods for comparing multiple strategies (the Expected Net Loss frontier), applying VoI methods (optimal trial design with parametric estimation of expected value of information) and comparing and creating incentives for providers in practice (efficiency measurement and funding consistent with maximizing net benefit and health outcomes from a budget). Course material provided includes detailed spreadsheet templates and tutorials.
Further details and registration information can be downloaded at http://clinicalchange.flinders.edu.au/economics.html.
