The past three decades have seen a rapid growth in the discipline of health economics, particularly in the area of economic evaluation of health care interventions. The aim of this article is to provide an introduction to the concepts of economic evaluation in health care, and the methodological issues pertaining to the identification, measurement and valuation of costs and benefits. In a subse...

This commentary discusses how health economic techniques can usefully be applied to inform clinical and policy decision making in the aged care sector from two perspectives: firstly, in relation to the measurement and valuation of the costs and benefits of new and existing health care technologies and modes of aged care service delivery and secondly, in relation to the facilitation of autonomy ...

Adherence to medications is poor and suboptimal in many chronic diseases. Nonadherence can reduce treatment effectiveness and can have an impact on healthcare costs. As a consequence, it may alter the cost-effectiveness of drug therapies. This article emphasizes the importance of integrating medication compliance and persistence into pharmacoeconomic evaluations, using osteoporosis as an exampl...

Aparna Lhila earned her PhD in economics at Cornell University and is an Associate Professor in the economics department at Central Michigan University (CMU). Lhila is a health economist whose research is focused on studying health investment decisions and health-related behaviors in the household production framework. Particularly, she studies how household decision-making and changes in facto...