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Which pharmacoeconomic evaluation methods is the best to use when quantifying the value of a clinical pharmacy service?

Which pharmacoeconomic evaluation methods is the best to use when quantifying the value of a clinical pharmacy service?

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This question is part of outcomes exam 2

Asked by Isla, Last updated: Jan 13, 2021

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John Smith

John Smith

John Smith
John Smith

Answered Sep 09, 2016

Cost-benefit analysis-a cost-benefit analysis is the best pharmacoeconomic evaluation method to compare two or more programs when it is best to translate benefits into a dollar value. for example, if quantifying the value of a new pharmacy service, such as a therapeutic drug monitoring service, the cost of implementing and managing the program (the pharmacists salary, laboratory tests), and the benefit of the program (decreased drug costs, decreased patient lengths of stay), can both be translated into dollar values.
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