The power of health economics and outcomes research (HEOR) in making decisions that matter
Deciding on approving and granting market access to new medical technologies such as pharmaceutical products, vaccines, or medical devices is a multifactorial research problem. Balancing out clinical performance, epidemiological implications, burden of disease, economic value, and patient preferenc...
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Format: | Article |
Language: | English |
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Unidad Central del Valle del Cauca
2021-12-01
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Series: | Magna Scientia UCEVA |
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Online Access: | https://190.97.80.24:443/index.php/magnascientia/article/view/10 |
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author | Oscar Herrera Restrepo |
author_facet | Oscar Herrera Restrepo |
author_sort | Oscar Herrera Restrepo |
collection | DOAJ |
description |
Deciding on approving and granting market access to new medical technologies such as pharmaceutical products, vaccines, or medical devices is a multifactorial research problem. Balancing out clinical performance, epidemiological implications, burden of disease, economic value, and patient preferences, among other factors, is in itself a challenging endeavor. However, this should be a mandatory requirement when making approval and market access decisions that might affect millions of people in a specific country setting. The aim of this reflection research article is twofold; first, it provides context on the important role that health economics and outcomes research (HEOR) plays in informing decision making for market access and reimbursement of new medical technologies. Second, it outlines the power of HEOR studies in guiding discussions when assessing the value of new medical technologies. Overall, this article aims at highlighting key HEOR considerations for healthcare professionals, students, and institutions interested in building analytical capabilities around this exciting and uninterruptedly growing field of knowledge.
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first_indexed | 2024-03-07T22:01:36Z |
format | Article |
id | doaj.art-e87ec518639b46b583512fd3de1005ea |
institution | Directory Open Access Journal |
issn | 2805-6884 2805-6701 |
language | English |
last_indexed | 2024-03-07T22:01:36Z |
publishDate | 2021-12-01 |
publisher | Unidad Central del Valle del Cauca |
record_format | Article |
series | Magna Scientia UCEVA |
spelling | doaj.art-e87ec518639b46b583512fd3de1005ea2024-02-24T04:31:47ZengUnidad Central del Valle del CaucaMagna Scientia UCEVA2805-68842805-67012021-12-0111The power of health economics and outcomes research (HEOR) in making decisions that matterOscar Herrera Restrepo0US Health Outcomes & Epidemiology. Glaxo Smith Kline (GSK). Crescent Drive, Philadelphia, PA, 19112, USA Deciding on approving and granting market access to new medical technologies such as pharmaceutical products, vaccines, or medical devices is a multifactorial research problem. Balancing out clinical performance, epidemiological implications, burden of disease, economic value, and patient preferences, among other factors, is in itself a challenging endeavor. However, this should be a mandatory requirement when making approval and market access decisions that might affect millions of people in a specific country setting. The aim of this reflection research article is twofold; first, it provides context on the important role that health economics and outcomes research (HEOR) plays in informing decision making for market access and reimbursement of new medical technologies. Second, it outlines the power of HEOR studies in guiding discussions when assessing the value of new medical technologies. Overall, this article aims at highlighting key HEOR considerations for healthcare professionals, students, and institutions interested in building analytical capabilities around this exciting and uninterruptedly growing field of knowledge. https://190.97.80.24:443/index.php/magnascientia/article/view/10Burden of illness (BOI)EpidemiologyHealthcare decision-makingHealth economicsOutcomes research |
spellingShingle | Oscar Herrera Restrepo The power of health economics and outcomes research (HEOR) in making decisions that matter Magna Scientia UCEVA Burden of illness (BOI) Epidemiology Healthcare decision-making Health economics Outcomes research |
title | The power of health economics and outcomes research (HEOR) in making decisions that matter |
title_full | The power of health economics and outcomes research (HEOR) in making decisions that matter |
title_fullStr | The power of health economics and outcomes research (HEOR) in making decisions that matter |
title_full_unstemmed | The power of health economics and outcomes research (HEOR) in making decisions that matter |
title_short | The power of health economics and outcomes research (HEOR) in making decisions that matter |
title_sort | power of health economics and outcomes research heor in making decisions that matter |
topic | Burden of illness (BOI) Epidemiology Healthcare decision-making Health economics Outcomes research |
url | https://190.97.80.24:443/index.php/magnascientia/article/view/10 |
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