Health economics Expertise and servicesConsiderable advances have been made in the area of healthcare technology over the past decades. Just think of imaging or minimally invasive surgical devices, next generation sequencing, and drugs. These technologies have contributed significantly to a further increase of healthcare costs. At the same time, governments have been reluctant in allocating greater portions of their gross domestic product to healthcare. To achieve cost containment in an era of rapid technological change is an enormous challenge.
Health economics aims to delineate the individual and population health consequences of allocating resources to various health programs and technologies. The results of this type of analyses may be used by decision makers to optimize health outcomes under resource constraints.
Areas of expertiseWithin the Radboud Technology Center Health Economics, experts in this area from various departments collaborate to face the challenges posed by rapid technological change under resource constraints.
Our expertise include:
- Healthcare Technology Assessment (HTA)
- health economic modeling
- cost-effectiveness analysis
- budget impact analysis
- quality of care research
- quality of life research
- (comparative) health system design and evaluation
- value-based healthcare
- value-based pricing
- Program Budgeting and Marginal Analysis
- multi criteria decision analysis
- Our center provides a unique opportunity for Radboudumc researchers to assess economic viability of healthcare innovations at an early stage of development.
- Our experts can also assist researchers and clinicians to obtain funding for economic analyses.
Societal impactA summary of last year’s oral health event in relation to the UN High Level Meeting on Universal Health Coverage (Stefan Listl).
It is nothing new that healthcare is creaking at the seams. Hospitals that are struggling financially, staff who are dissatisfied and threaten to leave care and patients who have to wait longer for the right care. It seems to be a persistent problem. In the argument below in the economists' journal Economic Statistical Messages we analyze the problem and show that there are no easy solutions but that difficult choices have to be made. Read the speech, in Dutch (Eddy Adang).
Education Health economics in practice
Cost-effectiveness analysisDo you want to become proficient in Cost-effectiveness analysis? Then the following Radboudumc Master course may be of interest to you:
Biomedical Master course Cost-effectiveness analysis (BMS58)
After completion of the course, students are able to:
- define efficiency in the context of health care based on current economic theory
- explain how a cost-effectiveness analysis needs to be designed, executed and analyzed
- apply / perform a critical appraisal on a set of cost-effectiveness analyses
- distinguish (analysis) between several decision rules to infer economic ‘added value’
- design (synthesis) a cost-effectiveness analysis
- evaluate cost in a CEA
- evaluate QALYs in a CEA
- evaluate (evaluation) a cost-effectiveness analysis
- understand the concept of time value of money and health
- perform an economic evaluation by integrating the knowledge above into an incremental cost-effectiveness ratio (ICER) dealing with uncertainty and interpreting the results in terms of its meaning for health care decision making
Decision analytical modellingDo you want to become proficient in Decision analytical modelling? Then the following Radboudumc Master course may be of interest to you:
Biomedical Master course advanced modeling in economic evaluation (BMS62)
|After completion of the course, students are able to: