PHPS41120 Health Economic Analysis

Academic Year 2023/2024

The module provides a solid understanding of the rationale and forms of health economic evaluations.
Students completing this module will be able to critically appraise existing health economic evaluation publications, the rationale for Health technology assessment as well as current Irish and European regulations on joint HTA.
The content includes the uses of evidence synthesis and utilities allocated to health states to estimate the effectiveness side of HEA.
The module provides a brief overview of different modalities of health financing as well as a basic understanding of disease cost models using Obesity, Lung Cancer and Smoking as examples.

This module is suitable for postgraduate students who want to learn a different set of skills that could prepare them for working in the pharmaceutical industry or government bodies (HIQA), postgraduate students conducting a health economic evaluation or professionals working in the pharmaceutical or medical device industry,

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Curricular information is subject to change

Learning Outcomes:

1) Recognize that HTA has a role in the decision-making process to fund new medical programs, new drugs or medical devices and differentiate between affordability and cost-effectiveness.
2) Critically appraise a Health Technology Assessment TA document or a health economic evaluation, including sources of costs, sources of effectiveness, and measures of effectiveness or utility.
3) Understand simple disease-modelling approaches and cost of illness methods.

Indicative Module Content:

Health FInancing, cost containment methods and pros and cons of HTAs as a decision-making tool
Elements of a Health Technology Assessment
Types of Health Economic Evaluations ( Cost-effectiveness analysis, Cost-utility analysis and Cost-benefit analysis)
Cost sources, Effectiveness sources, Health utility sources
Types of models and assumptions. Decision tree models using excel and simple Markovs' models.
Budget Impact Analysis

Student Effort Hours: 
Student Effort Type Hours
Lectures

24

Computer Aided Lab

6

Autonomous Student Learning

60

Total

90

Approaches to Teaching and Learning:
The module is offered in a hybrid format. Classes are live-streamed, recorded and uploaded to Brightspace.


 
Requirements, Exclusions and Recommendations
Learning Recommendations:

Knowledge of evidence-based medicine, epidemiology or statistics is desirable.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Group Project: Critically appraisal of a health economic evaluation Week 5 n/a Standard conversion grade scale 40% Yes

40

Assignment: Problem-based assignment Week 12 n/a Standard conversion grade scale 40% Yes

60


Carry forward of passed components
No
 
Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Group feedback provided on the day of the presentation. Final assignment feedback provided to the class.

Methods for the Economic Evaluation of Health Care Programmes/ Drummond. (Available @ UCD library on-line)
Health Economics. Textbook by Jay Bhattacharya, Peter Tu, and Timothy Hyd (Available @UCD library on-line)
Name Role
Latame Adoli Lecturer / Co-Lecturer
Darin Elabbasy Lecturer / Co-Lecturer
Dr Diarmuid O'Donovan Lecturer / Co-Lecturer
Dr James O'Mahony Lecturer / Co-Lecturer
Ms Vicky Downey Tutor
Carolyn Ingram Tutor
Ms Joanna Kozielec Tutor
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 
Spring
     
Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 27 Thurs 09:00 - 10:50
Lecture Offering 1 Week(s) - 29, 30, 31, 32, 33 Thurs 09:00 - 10:50
Spring