Pharmaloeconomics:evaivates outcomes+ cost to determine best option b is thc added expense/benefit worth it?
Quality Adj"Ufe (QAlY)
HUMANISTIC [QOl] OUTCOME
CUINICAL OUTCOME
DRU6
ECONOMIC OUTCOME
COST
change Aic++++ Wt gain" nypo 6lU"
SU
hospitalieation cos+
T QALY.
cheapest
TZD
$$
change Ac+ HF,fivid retention
hospitalitation +500
T QALY -.-
S6LT-2i
$$$$
change Aic++ 31!youd aQv +52jDs
hospitalitarion +500
T QALY ...
1
T
T
costeffectiveness analysis1ooks at cos+economic outcome
cost-benefit analysislooks a+ +503Tb+5q in nospitalieanons
cos+ - utility analysis 1078+503
PHRC 6370: Pharmacoeconomics and Outcomes Research
Alexandra Perez, PharmD, MS Associate Professor Sociobehavioral and Administrative Pharmacy Department
January 3rd,2020
Example
What are commonly used antihyperglycemic drugs for patients with type 2 diabetes? . What are the approximate and relative costs for each of these drugs? How would you measure and compare their effectiveness? What is a major side effect for each of these drugs and how would you grade its sev