ABSTRACT

Pharmacoeconomic methods document the costs and benefits of therapies and pharmaceutical services, and establish priorities for those options to help in appropriately allocating resources in ever-changing healthcare landscapes and reimbursement environments/schema.

Methodologies include cost-minimization, cost-effectiveness, cost–utility, cost–benefit, cost of illness, cost-consequence, and any other economic analytic technique that provides valuable information to healthcare decision makers for the allocation of scarce resources. An overview of analytical perspectives, a code of ethics for pharmacoeconomic researchers, and these different pharmacoeconomic methodologies is provided.