Outcome measurement and valuation for Health Technology Assessment (Online) MED5379
- Academic Session: 2021-22
- School: Health and Wellbeing
- Credits: 10
- Level: Level 5 (SCQF level 11)
- Typically Offered: Semester 1
- Available to Visiting Students: Yes
- Available to Erasmus Students: Yes
- Taught Wholly by Distance Learning: Yes
Outcomes measurement and valuation aims to provide students with a basic understanding of outcome measurement and valuation methodologies within HTA. The course presents the theory behind outcome measures and introduces practical techniques valuing health, non-health and process outcomes.
5 week online course comprising 5 lectures and 5 accompanying practical exercises. The lectures will be 45 mins/1 hr in duration and the exercise associated with each lecture will take a notional 2 hours for the student to complete. Each week the academic lead will contribute to and answer questions on a discussion board.
Written Assignment/Coursework - Students will be research scenarios and a series of research questions, which they will need to answer by applying methods from the course and write up as a report (1000 words).
This course aims to provide students with a basic understanding of outcome measurement and valuation for the purposes of Health Technology Assessment. This course will familiarise students with the application of economic theory to the measurement and valuation of outcomes for all types of economic evaluation framework as well as the practical steps involved. Emerging developments in the outcome literature will also be covered.
Intended Learning Outcomes of Course
By the end of this course students will be able to:
■ Critically analyse the methods used to measure health outcomes for use within cost-effectiveness analysis, cost-utility analysis and cost-benefit analysis
■ Critically discuss the theory behind measuring and valuing health related quality of life (HRQol)
■ Critically interpret and discuss the Quality Adjusted Life Year (QALY)
■ Critically analyse disease specific measures and general health profiles
■ Interpret the theory behind preference-based and non-preference based outcome measures
■ Critically discuss how to measure and value monetary outcomes in the health context
■ Critically assess UK NHS Patient Reported Outcome Measures (PROMS)
Minimum Requirement for Award of Credits
Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.