This weekend, I'm taking an MBA course in pharmacoeconomics with other students who work in the pharmaceutical, biotechnology, and health care industries. It's great to have an opportunity to take a course that is so relevant to what I do on a regular basis. In our company (MCM), we develop continuing medical education (CME) activities for managed care professionals and we're dealing with pharmacoeconomic issues all the time. In health care, we grapple with challenging issues like cost-effectiveness, cost-consequence, cost-minimization, cost-utility, or cost-benefit of medical therapies. I look forward to the discussions we'll be having in class about these things.
I am approximately 1/3 of the way through my MBA program at this point. This will be my 7th MBA course this year.
Here's a brief course description:
This course reviews the principal elements and concepts in economics, history and development of health economics, and the applied uses of the discipline of economics made possible since the quantification of studies has been developed and perfected. These introductory sections are presented by lecture and discussion group. In addition, the need for uses of, and value of health economics studies is reviewed and pharmaceutical-related examples are presented.