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Health economic evaluation in ophthalmology
Alp Atik1,2, Keith Barton3,4, Augusto Azuara-Blanco5
1Glaucoma, Royal Victorian Eye and Ear Hospital, East Melbourne, Australia.
The British Journal of Ophthalmology
|August 24, 2020
Summary
Health economic evaluation uses economic principles to assess healthcare interventions. It helps compare costs and benefits, guiding decisions in areas like ophthalmology for better resource allocation.
Area of Science:
- Health economics
- Ophthalmology
Background:
- Healthcare faces limited resources, rising demand, and diverse interventions.
- Economic evaluation provides a structured approach to assess healthcare options.
Purpose of the Study:
- To review concepts and methods of health economic evaluation.
- To illustrate these concepts with examples from ophthalmology.
Main Methods:
- Overview of economic evaluation types: cost-minimisation, cost-benefit, cost-effectiveness, cost-utility, and economic modelling.
- Discussion of key concepts: utility measures, quality-adjusted lifeyear (QALY), discounting, perspective, and timeframe.
Main Results:
- Health economic evaluation is crucial for understanding intervention costs and value.
- It aids in informing health policy and clinical decision-making.
Conclusions:
- Economic evaluation frameworks are essential for efficient healthcare resource allocation.
- Application in ophthalmology demonstrates its value in guiding evidence-based practice and policy.
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