Upon completion of the chapter, the reader will be able to:
- 1. Recite the classic definition of pharmacoeconomics and define pharmacoeconomic research.
- 2. List four primary perspectives that a pharmacoeconomic analysis can be conducted from, and describe how they differ.
- 3. Discern between different medical cost categories that can be identified, measured, and compared in a pharmacoeconomic analysis.
- 4. Categorize the outcomes (consequences) of medical care into three basic areas, popular to medical decision making.
- 5. Describe the components of a "full" economic evaluation.
- 6. Compare and contrast four economic evaluation methods
commonly applied to pharmacy practice in today's healthcare settings.
- 7. Discuss how cost-benefit analysis can be used to quantify the
value of clinical pharmacy services.
- 8. Define cost-effectiveness analysis and discuss the
appropriate application of this method for drug therapy evaluations.
- 9. Construct an argument for a situation where an incremental
cost-effectiveness ratio would be preferred over an average cost-effectiveness
- 10. List two primary applications of pharmacoeconomic
principles and methods to "real world" pharmacy practice environments.
- 11. Compare and contrast common strategies for incorporating pharmacoeconomics into daily pharmacy practice.
- 12. List the advantages and disadvantages of using the literature
as a pharmacoeconomic application strategy.
- 13. State and apply 11 basic criteria important for evaluating the
quality of a published pharmacoeconomic or outcomes
research study from a pharmacy perspective.
- 14. Explain the advantages and disadvantages of using modeling to
inform local decision making.
- 15. Describe and apply the basic components for conducting a
rigorous and sound local pharmacoeconomic evaluation.
- 16. Describe three commonly used and accepted techniques to employ when building a pharmacoeconomics