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HCM 4040: Cost-Effectiveness Analysis in Healthcare

Credits: 3. Contact Hours: Lecture 3.

Prereq: COMS 1130 and FIN 3010 and STAT 2260
Introduces cost-effectiveness analysis in the healthcare context. Examines different forms of economic evaluations for healthcare interventions or technology, and how this impacts managerial decision-making. Includes cost-effectiveness, cost-utility, cost-benefit, cost-consequence, and cost-minimization analyses. Develops knowledge and skills in how to use these methods for evidence-based and ethical decisions in healthcare and other types of organizations. (Typically Offered: Spring)