Online Applied Methods of Cost-Effectiveness Analysis
This is an intensive online course for health economists and health professionals, with some knowledge of health economics who wish to learn about the methodology of cost-effectiveness analysis as applied in health care. To be held online daily via Zoom.
Next Course Date: 27 November - 01 December 2023
(CONCLUDING WITH OPTIONAL ONE-TO-ONE WRAP UP SESSIONS ON WEDNESDAY 05 APRIL)
What the course is about
Analytic methods of economic evaluation are applied in health care to address the fundamental economic question of how to allocate scarce health care resources to maximise health gain. This course teaches the latest methods for performing a cost-effectiveness analysis of a healthcare intervention.
Standards of best practice in economic evaluation, required by health technology assessment and reimbursement agencies, and more recently by leading journals, have become more explicit and more demanding over time. The course provides the expertise to use and interpret the guidelines issued by official and professional bodies.
In addition, health economists are increasingly involved in complex studies: for example, conducting economic evaluations alongside large pragmatic trials running over a long period of time with multiple comparisons, multiple endpoints and incomplete patient specific data on resource use and quality of life. Furthermore, even the largest and longest clinical trials do not remove the need for economic modelling, which may be required before, during, after and instead of trials. The course provides the tools for conducting such evaluations, alongside an introduction to economic modelling. The exercises that form part of the course enable participants to learn the techniques by direct experience.
Who the course is for
The course is designed for those who need to perform cost-effectiveness analysis in healthcare and those who need to understand in some depth the issues that health economists face when performing these analyses, hence, researchers and decision makers from public, commercial and academic organizations concerned with healthcare resource allocation. In the many years that the course has been running participants have come from a wide variety of organizations and from all over the world. If you are unsure as to whether the course is suitable for you, please email and we will be happy to advise.
There are no formal prerequisites for attendance, but participants need to be familiar with Microsoft Excel, and to have some prior knowledge of the principles of economic evaluation. HERC also runs an ‘Introduction to Health Economic Evaluation’, designed for non-economists, which some have found to be useful to attend prior to undertaking this course.
If you do not feel confident working in Excel, please click HERE to assess your competency prior to attending the course.
Some of the exercises require the use of TreeAge software - a 6-month student license is included in the registration fee and will be issued approximately one week before the course commences. However, prior to booking, please check with your organisation that their IT permissions allow you to install TreeAge.
2 screens will be required - one to view the lectures and the other to view the exercises.
Aims of the course
• To provide detailed study of the methods of cost-effectiveness analysis for health care interventions
• To give participants ‘hands on’ experience through the use of computer-based exercises with real data
• To broaden the knowledge base of researchers through the use of practical examples and problems
The taught sessions cover the following topics:
- Course overview, introduction to HERC and software orientation
- Health outcomes
- Resource use and costs
- Decision analysis and modelling
- Reporting and presenting cost-effectiveness results
As well as the teachers, an expert team of tutors will be on hand for break-out room sessions to complete the exercises.
This course is taught in English and a certificate of attendance will be issued post course.
For enquiries - including group bookings, please contact the HERC Administration team at email@example.com, or to be placed on a waiting list for future courses please visit https://oxford.onlinesurveys.ac.uk/waiting-list-for-herc-short-courses-2023