Quantifying Pharmacoeconomics

Authors : Sunil Chaudhry, Sunil Chaudhry

DOI : 10.18231/j.jpbs.2020.005

Volume : 8

Issue : 1

Year : 2020

Page No : 32-37

Healthcare expenditure is becoming a significant challenge for the financial sustainability of national health systems even in high economies. HEOR (Health Economic Outcome Research) analytics plays an increasingly vital role in a drug’s approval and reimbursement with payers. In broad terms, health economists study the functioning of healthcare systems and health-affecting behaviors such as smoking, diabetes, and obesity.

Keywords: Cost Effective Analysis, Cost Benefit Analysis, Cost Minimization Analysis, health economics, precision medicine

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