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At MPR, we provide innovative and unique approach driven by latest development and tools.
There has been a high level of interest in the use of economic evaluation for decision making in healthcare over the past decade. Economic evaluations of pharmaceuticals will be increasingly used by prescribers in:
- Treatment choices
- Pricing and reimbursement negotiations between the pharmaceutical industry, government, and other bodies funding healthcare expenditure
How Is Pharmacoeconomics Useful?
- Gives an economic evaluation of pharmaceuticals to aid in the decision making process in healthcare
- Strategic planning in clinical drug research
- Determines the likely market of future drugs
What Is Economic Evaluation?
- A tool used to assist decision makers in achieving value for the limited budget that is allotted for healthcare
- Economic evaluation considers both costs and outcomes
How MPR approach is unique?
MPR uses computer based tools based on Discrete Choice Models and Dynamic Game Theory to evaluate variables of an Outcome Research project.
To read more, please review attached documents representing a case study on Memory Loss:
Note - PDF files open in a new window.
Pharmacoeconomics Overview PDF
Memory Loss-Outcome Research Case Study Part I PDF