Pharmacoeconomics: Evaluating the Cost-effectiveness of Medications

Authors: Abdullah Mohammed Alobaysi, Albogami Abdullah Monahi, Aozouf Farj Alosaimi

Country: Saudi Arabia

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Abstract: Pharmacoeconomics is a field of study that evaluates the cost-effectiveness of medications, helping healthcare providers make informed decisions about the allocation of limited resources. This essay delves into the importance of pharmacoeconomics in healthcare decision-making, discussing the methodology used to assess the cost-effectiveness of medications, the findings of such evaluations, and the implications for clinical practice. The discussion also highlights the limitations of pharmacoeconomic studies and provides recommendations for future research in this area.

Keywords: Pharmacoeconomics, Cost-Effectiveness, Medications, Healthcare, Decision-Making

Paper Id: 231609

Published On: 2023-01-02

Published In: Volume 11, Issue 1, January-February 2023

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