Activities per year
Abstract
Background (100 max 100):
Economic evaluation is a tool to guide decisions on how to best use the available resources to improve health. A common rule is to compare the additional costs and health gains of an intervention against a threshold. However, this raises questions about what appropriate thresholds should be in particular contexts and how decisions should relate to the fuller set of choices that face policy-makers. These issues are particularly challenging in low- and middle-income countries (LMICs) for which financial, human and health system constraints are often more severe and for which the availability of information is much more limited.
Panel session description and objectives:
This panel will debate the appropriate methods for assessing value for money of healthcare interventions. Paul Revill will critique prevailing methods and present a framework for informing a fuller range of policy decisions in LMICs. Rita Faria will show how to estimate the upper-bound for the threshold using readily available data with application to the Colombian context. Pritaporn Kingkaew will present Thailand’s experience on the use of economic evaluation for the selection and price negotiation of medicines. Aurelio Meija will present the challenges and opportunities faced by Colombia in the incorporation of cost-effectiveness evidence in the decision-making process. Tommy Wilkinson will present how NICE International works with LMICs to help shape health technology assessment to their particular contexts. Amanda Glassman will chair the discussion. Attendees will gain an understanding of the specific challenges and opportunities around making decisions on value for money in LMICs.
Economic evaluation is a tool to guide decisions on how to best use the available resources to improve health. A common rule is to compare the additional costs and health gains of an intervention against a threshold. However, this raises questions about what appropriate thresholds should be in particular contexts and how decisions should relate to the fuller set of choices that face policy-makers. These issues are particularly challenging in low- and middle-income countries (LMICs) for which financial, human and health system constraints are often more severe and for which the availability of information is much more limited.
Panel session description and objectives:
This panel will debate the appropriate methods for assessing value for money of healthcare interventions. Paul Revill will critique prevailing methods and present a framework for informing a fuller range of policy decisions in LMICs. Rita Faria will show how to estimate the upper-bound for the threshold using readily available data with application to the Colombian context. Pritaporn Kingkaew will present Thailand’s experience on the use of economic evaluation for the selection and price negotiation of medicines. Aurelio Meija will present the challenges and opportunities faced by Colombia in the incorporation of cost-effectiveness evidence in the decision-making process. Tommy Wilkinson will present how NICE International works with LMICs to help shape health technology assessment to their particular contexts. Amanda Glassman will chair the discussion. Attendees will gain an understanding of the specific challenges and opportunities around making decisions on value for money in LMICs.
Original language | English |
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Publication status | Unpublished - 2014 |
Event | HTAi 11th Annual Meeting - Washington, United States Duration: 14 Jun 2014 → 18 Jun 2014 |
Conference
Conference | HTAi 11th Annual Meeting |
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Country/Territory | United States |
City | Washington |
Period | 14/06/14 → 18/06/14 |
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HTAi 11th Annual Meeting
Rita Faria (Participant)
2014Activity: Participating in or organising an event › Conference participation
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Instituto de Evaluación Tecnológica en Salud
Rita Faria (Researcher)
1 Sept 2013 → 21 Sept 2013Activity: Visiting an external institution › Academic
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Guidelines for the economic evaluation of healthcare technologies in Colombia: technical support documents
Rita Faria (Contributor)
1 Sept 2013 → 31 Mar 2014Activity: Other › Collaboration
Projects
- 1 Finished
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Santander International Connections Award
1/09/13 → 22/09/13
Project: Other project › Other internal award