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Understanding health economics in clinical trials

  • 6 hours
  • 1 day
  • 17 Jul 2024

Overview

This course is run by the Health Economics Analysis and Research methods Team (HEART) at UCL, led by Prof Rachael Hunter and is designed for all staff working on clinical trials who are not health economists. It was the first of its kind when first launched in 2019, and is intended specifically for non-health economists working in trials who wish to better understand the health economics in and health economist on their study.

The course was designed in response to the need identified working on trials with various trials units in UCL and elsewhere, as well as in response to requests from colleagues across our associated trials units. 

The course is very applied and discusses practical questions of how to facilitate a high-quality economic evaluation in a clinical trial, as well as addressing some common queries arising from our trial teams around the reasons underpinning the purpose of economic evaluation, with a strong focus on providing evidence for policy makers.

Who this course is for

The course is aimed at clinical, operational and research staff working on trials who are not health economists (e.g. trial managers, project managers, chief investigators/principal investigators, clinical staff, statisticians, data managers, research assistants, etc.).

No prior knowledge of health economics is assumed.

Course content

The course will cover the following topics:

  • What is health economic evaluation and why do we do it?
  • Key concepts of economic evaluation: Opportunity cost, incremental analysis, and outcomes/consequences of health interventions
  • Health economics in the study protocol
  • Capture and valuation of patient-reported outcome measures (PROMs) to assess quality of life
  • Utility scores and quality-adjusted life-years (QALYs) 
  • Capture and valuation of resource use and costs
  • The incremental cost-effectiveness ratio (ICER) and challenges in analysis
  • Interpretation of results and presentation to policy makers
  • Limitations and challenges in economic evaluation alongside clinical trials

Teaching and structure

The course will be held in person at the UCL Institute of Clinical Trials Methodology in London. Sessions will be led by members of the HEART, and will include presentations interspersed with small group discussions and practical exercises, to help participants consolidate their learning and see how to apply information from the sessions to real studies. Participants are expected to attend all sessions on the day.

Certificate

You will receive a certificate of attendance upon completion of this course.

Learning outcomes

By the end of the course, participants will be able to:

  1. Explain the importance of health economics in clinical trials (aims, objectives, interpretation and limitations)
  2. Facilitate and justify meaningful and timely collaboration with the health economist on development of trial documents and processes (i.e. funding application, protocol, case report forms and analysis plan)
  3. Identify challenges in data collection for health economic evaluations alongside trials (especially resource use and other cost data)
  4. Compare patient-reported outcome measures (PROMs) in terms of their strengths and weaknesses for health economic evaluations alongside trials
  5. Evaluate analysis approaches used in trial-based economic evaluations and the relationship of these with trial planning and data collection
  6. Explain the importance of clarity and consistency of the protocol’s economic evaluation section with other aspects of the protocol 
  7. Interpret the results of economic evaluations alongside trials.

Cost and concessions

The standard cost for this course is £290 for private individuals and those working in industry. Additionally the following concessions are available:

  • Students/ICTM staff: £135 
  • Academics/ NHS staff/ Local authority workers: £170

If you book by Wednesday 29th May, an early bird discount will apply. Please see the booking link below for more information.

Course team

Dr Caroline Clarke

Dr Caroline Clarke

Principal Research Fellow in Health Economics

Jessica Weng

Jessica Weng

Research Fellow in Health Economics

Abdinasir Isaaq

Abdinasir Isaaq

Research Fellow in Health Economics

Siyabonga Ndwandwe

Siyabonga Ndwandwe

Research Fellow in Health Economics

Dr Ekaterina Bordea

Dr Ekaterina Bordea

Research Fellow in Health Economics

Monica Panca

Monica Panca

Senior Research Fellow in Health Economics

Prof Elena Pizzo

Prof Elena Pizzo

Professorial Research Fellow – Health Economist

 

Prof Rachael Hunter

Prof Rachael Hunter

Professor of Health Economics

Learner reviews

“Really clear introduction for someone like me completely new to health economics, loved the use of bread and cake! Made concepts easier to grasp. Lots of diagrams also helpful, as a visual learner like myself. Overall ideal way of introducing the topic to a beginner.”

“The presentations were very informative and well presented. The best part was the exercises/case study that made it easy for us to understand and brainstorm ourselves”

“Overall good course for non-economists. Explains how economic evaluation is important for trials”

“Great! Thank you. I feel more confident in my knowledge of health economics!”

Course information last modified: 27 Mar 2024, 14:52