Advancing economic evaluation methods for better medical decision making through real-world, longitudinal data

Abstract

Health economic evaluation is a fundamental component in helping inform health care providers and policy makers in making decisions on priorities in health care. This is particularly relevant in today’s tight budgetary climate and in response to continued calls for sustainable health care systems. Economic evaluation evidence has influenced and contributed to many areas of health policy making, at all levels of the health care system – from shaping guidelines that guide clinical care to informing decision for subsidy of pharmaceuticals and medical services. For these evaluations to be useful to decisions makers, they need to provide useful and reliable information and to achieve this, method..