LSE: Modelling Cost-Effectiveness in Healthcare
Improve healthcare systems by effectively allocating resources with the help of cutting-edge decision-making tools.
Improve healthcare systems by effectively allocating resources with the help of cutting-edge decision-making tools.
Modelling Cost-Effectiveness in Healthcare
About this Course
Shrinking margins and rising costs are driving public and private health systems to improve operational efficiencies and reduce expenses. Rigorous financial management could help to improve care provision and combat unnecessary spending.
The Modelling Cost-Effectiveness in Healthcare online certificate course from LSE equips you with marketable skills in cost-effectiveness modeling. This technical course has been designed by faculty and experts from the Department of Health Policy at LSE who have a solid grounding in fundamental policy and economic skills, and the knowledge and expertise to apprehend global health challenges. Over eight weeks, you’ll explore cost-effectiveness modeling techniques and discover methods of sourcing quality data. Throughout the course, you’ll learn how to conceptualize a model, inform resource allocation decisions, and analyze a cost-effectiveness study.
This course is suited to both health and finance professionals who deal with modeling costs in the healthcare sector. Health administrators and medical workers will learn how to better budget, assign, and prioritize resources. They’ll also benefit from enhancing their decision-making and resource allocation skills. Finance and insurance professionals will learn how to get the most out of their health products or services budgets, and will benefit from gaining insight into product pricing and R&D resource allocation.
Acquire valuable skills in cost-effectiveness modelling and earn an official certificate of competence from the London School of Economics and Political Science.
Assessment is continuous and based on a series of practical assignments completed online. In order to be issued with a digital certificate, you’ll need to meet the requirements outlined in the course handbook. The handbook will be made available to you as soon as you begin the course.
Some facts about the subject
5.2%
The rise in the budget for NHS day-to-day running costs between 2013/14 and 2024/25, with real-terms growth at 2.5% per year, adjusted for inflation.
The Health Foundation (Dec, 2023).
“Modeling is key
in assessing costs and benefits of different disease management strategies, including routine monitoring, in the conditions of hypertension, type 2 diabetes mellitus and chronic kidney disease in primary care”.
_Springer Link (Feb, 2024). _