Health Economics from Theory to Practice

Optimally Informing Joint Decisions of Research, Reimbursement and Regulation with Health System Budget Constraints and Community Objectives

  • Simon Eckermann

Table of contents

  1. Front Matter
    Pages i-xxii
  2. Simon Eckermann
    Pages 1-23
  3. Principles and Practice for Robust Net Benefit Analysis Informing Optimal Reimbursement (Adoption and Financing) Decisions Across Individual and Community-Focused Programs Using Trial, Model and Network Multiplier Methods

  4. Joint Research and Reimbursement Questions, Optimising Local and Global Trial Design and Decision Making Under Uncertainty Within and Across Jurisdictions with Value of Information Methods

  5. Regulating Strategies and Providers in Practice: The Net Benefit Correspondence Theorem Enabling Robust Comparison of Multiple Strategies, Outcomes and Provider Efficiency in Practice Consistent with Net Benefit Maximisation

  6. The Health Shadow Price and Other Key Political Economy and Policy Issues: Appropriate Threshold Pricing and Policy Application of Methods for Optimising Community Net Benefit with Budget Constraints

About this book


This book provides a robust set of health economic principles and methods to inform societal decisions in relation to research, reimbursement and regulation (pricing and monitoring of performance in practice). We provide a theoretical and practical framework that navigates to avoid common biases and suboptimal outcomes observed in recent and current practice of health economic analysis, as opposed to claiming to be comprehensive in covering all methods. Our aim is to facilitate efficient health system decision making processes in research, reimbursement and regulation, which promote constrained optimisation of community outcomes from a societal perspective given resource constraints, available technology and processes of technology assessment. Importantly, this includes identifying an efficient process to maximize the potential that arises from research and pricing in relation to existing technology under uncertainty, given current evidence and associated opportunity costs of investment. Principles and methods are identified and illustrated across health promotion, prevention and palliative care settings as well as treatment settings. Health policy implications are also highlighted.


Cost Effectiveness Acceptability Planes and Surfaces Evidence Synthesis Evidence Translation Expected Net Loss Curves and Frontiers Expected Net Loss Planes and Surfaces Health Promotion Evaluation Health Shadow Price Joint Research and Reimbursement Decisions Multiple Outcome Comparison Multiple Strategy Comparison Multiplier Methods Net Benefit Correspondence Theorem Odds Ratio Solution Opportunity Cost Optimal Global Trial Design Palliative Care Evaluation Policy Analysis Quality of Care in Efficiency Measures Relative Risk Framing Bias Value of Information Methods

Authors and affiliations

  • Simon Eckermann
    • 1
  1. 1.Health EconomicsUniversity of WollongongWollongongAustralia

Bibliographic information