Practical Methods for Health Economic Evaluation Short Course

This is a 3-day course run by the Health Economics Unit within the Centre for Health Policy at the University of Melbourne. It aims to familiarise participants with the fundamental theories as well as computer-based methods and techniques that are routinely used in economic evaluation with an emphasis on cost-effectiveness and cost-utility analyses. Economic evaluation has been widely used to assess new health care interventions and technologies and inform decisions about which interventions should be subsidized from available funds. In Australia, for a drug or a medical device to be listed on the PBS or MBS, economic evaluation is required to determine whether it represents value for money. This computer-based course will cover the analytic steps in an economic evaluation, from methods for analysing cost and outcome data, developing decision analytic and Markov models, conducting sensitivity analyses and reporting and interpreting the results.