Pharmacoeconomic Flashcards
ECHO model
Economic outcomes - direct, indirect (missing work) and intangible cost (pain, suffering, anxiety, fatigue
Clinical outcomes - medical events the occur as a result of txt
Humanistic Outcomes - consequences of the disease or treatment as reported by the caregiver or patient
Incremental cost-effectiveness ratio
C2 - C1 / E2 - E 1
C = cost E = effectiveness
Cost-minimzation anaylsis
when two interventions HAVE DEMONSTRATED EQUIVALENCY in outs and cost and are being compared
Cost benefit Anaylsis
A process calculation and comparing benefits and cost of an intervention in terms of dollars
Cost- Effectiveness anaylis
Inputs are cost and outputs are measured in units.
Ex: The cost of pravastatin 10mg vs Atorvastatin 80mg