Role of Instruments in Pharmacoeconomics Perspective-An Overview

  • Subba Rao Bayya Faculty

Abstract

In health care usually physical scaling is helping in understanding the cure of a disease.  In abstract scaling, one has to give his or her own feelings that does not have a fixed scale to compare with, but defined, evaluated and used.  Documenting abstract scaling along with physical scaling is gaining its importance to assess a desired outcome achieved or not, which is usually not recorded. In certain circumstances, choice of treatment, therapy is up to the patient. Mathematical equations were established as cost, benefit, utility, effectiveness etc. Policies relating to health care are to increase lifespan of the individual so that losses in productivity or work are minimized. Holistically, in pharmacoeconomics, it is necessary to compile costs and benefits to come to scientific conclusions in selecting a treatment among the choices available and for reimbursements.  The current review article illustrates the various approaches, mathematical models and need of abstract scaling for economical effective therapies.

Keywords: Pharmacoeconomics, HRQOL, Instruments, mathematical methods, health policies

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References

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How to Cite
Bayya, S. R. “Role of Instruments in Pharmacoeconomics Perspective-An Overview”. International Journal of Drug Regulatory Affairs, Vol. 8, no. 4, Dec. 2020, pp. 1-4, doi:10.22270/ijdra.v8i4.426.