Pharmacoeconomics and Outcomes Research

Pharmacoeconomics and Outcomes Research involves the application of a variety of scientific disciplines, including health economics, epidemiology, statistics and decision science.



Pharmacoeconomics and Outcomes Research is the scientific discipline that evaluates the clinical, economic, and humanistic aspects of pharmaceutical products, services, and programs, as well as other health care interventions to provide health care decision-makers, providers and patients with information needed to efficiently allocate health care resources.[1]

Elements of a pharmacoeconomic analysis may incorporate evaluations of clinical safety and efficacy, comparative effectiveness, meta-analysis, health-related quality of life, epidemiology, decision sciences and health services research.

Examples of pharmacoeconomic research include:

  • Economic evaluation of alternative medical and other therapies
  • Assessment of patients’ willingness to pay for health care interventions
  • Elicitation of quality of life and health state utilities

UF ISPOR Chapter (website coming soon; for information contact Danijela Stojanovich)

[1]International Society for Pharmacoeconomics and Outcomes Research