Description
Health economics helps to inform difficult decisions around the prioritisation of resources within healthcare systems. It is vital for decision makers to consider the health economic implications of funding new interventions in health and social care, to maximise population health while spending budgets efficiently. It is also important that the developers of innovations consider the economic impact of their interventions, to ensure that a compelling business case can be developed, and the product development cycle is as efficient as possible.
This half day training course will introduce key concepts of health economics, with a focus on the benefits that considering these concepts can have for both decision makers and for developers/innovators. The session will provide an overview of why health economics is important and how economic evaluations can be used to assist with business case generation and decision making.
Topics that will be covered include:
- Principles of health economic evaluations and how they are helpful
- Costs and benefits – what are they and how can they be measured?
- Use of economic models and dealing with uncertainty
- Generating a business case
Who should attend?
The course would be of benefit to those working in the NHS and public sector, people involved with or implementing public health interventions, or people who would like a greater understanding of different components of decision making, such as companies with new health technologies.
This course can be taken independently, or will be complimentary to 3 other courses:
- Health Economics for the NHS and Integrated Care Systems
- Health Economics and Digital Health Technologies: Challenges, Decision Making, and Routes to Market
- Public Health Economics and Wider Policy Considerations
Early bird price of £41.67 (ex VAT) is applicable until 4 weeks before the course. Full price of £62.50 (ex VAT) is applicable within 4 weeks of booking this course.