Health economic evaluation in ophthalmology

Alp Atik, Keith Barton, Augusto Azuara-Blanco, Nathan M. Kerr*

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

Abstract

Health economic evaluation is the application of economic theories, tools and concepts to healthcare. In the setting of limited resources, increasing demand and a growing array of intervention options, economic evaluation provides a framework for measuring, valuing and comparing the costs and benefits of different healthcare interventions. This review provides an overview of the concepts and methods of economic evaluation, illustrated with examples in ophthalmology. Types of economic evaluation include cost-minimisation, cost-benefit, cost-effectiveness, cost-utility and economic modelling. Topics including utility measures, the quality-adjusted lifeyear, discounting, perspective and timeframe are discussed. Health economic evaluation is important to understand the costs and value of interventions in ophthalmology and to inform health policy as well as guide clinical decision-making.

Original languageEnglish
Pages (from-to)602-607
Number of pages6
JournalBritish Journal of Ophthalmology
Volume105
Issue number5
Early online date22 Aug 2020
DOIs
Publication statusPublished - 01 May 2021

Bibliographical note

Publisher Copyright:
© 2021 BMJ Publishing Group. All rights reserved.

Copyright:
Copyright 2021 Elsevier B.V., All rights reserved.

Keywords

  • Epidemiology
  • Medical Education
  • Public health
  • Treatment other

ASJC Scopus subject areas

  • Ophthalmology
  • Sensory Systems
  • Cellular and Molecular Neuroscience

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