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The importance ofhealth economics​

Health economics is fundamentally about establishing whether a treatment represents good value for money. Watch Photocure's Head of Global Market Access, Jane Lapon, and leading health economist, Dr Jonathan Belsey, discuss the importance of this field and share their vision for its future impact on patient care.​

The discussion covers key health economics concepts and their recent research:​

  • Key modelling tools: Clarifying the function of budget impact models and delineating their distinction from cost-effectiveness models​
  • Economic insight applications: Exploring how economic insights are leveraged for technology adoption among funding bodies and clinical stakeholders like urologists​
  • Budget impact analysis of blue light cystoscopy (BLC): Discussing their co-authored paper on the financial impact of hospitals adopting BLC in different European healthcare systems​

“By normalizing health economics and actually ensuring that you're collecting the information that you need to be able to build some of these models, along with clinical data, means that patient access can happen sooner.”