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

Downloads

Download data is not yet available.

References

1. William F MG. Remington-The Science and Practice of Pharmacy: Pharmacoeconomics. 21st ed. Philadelphia: Lippincott Williams & Wilkins; 2006.
2. Subba Rao B. Pharmaceutical Research Methodology and Bio-statistics: Theory and Practice: Measurement and Scaling. Rev ed. Hyderabad: Pharma Med Press; 2020.
3. Subba Rao B. Pharmaceutical Research Methodology and Bio-statistics: Theory and Practice: Scaling Techniques. Rev ed. Hyderabad: Pharma Med Press; 2020.
4. Rau B. S, Vijaya Ratna. J. A Study on Selected Components of Supply Chain in Pharmaceuticals. The Pharma Review. 2013 Sep-Oct; 65-72.
5. Cronbach’s Alpha: Simple definition, use and interpretation [Internet]. 2014 Dec 08 [cited 2020 Sep 14]. Available from:
https://www.statisticshowto.com/cronbachs-alpha-spss/
Statistics
413 Views | 224 Downloads
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.