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Panel 4: Education and Skills Needed to Conduct, Interpret, and Use Economic Evaluations in Healthcare
Value in Health Citation: Copley-Merriman K, Vanscoy G, Angaran D, et al. Panel 4: Education and skills needed to conduct, interpret, and use economic evaluations in healthcare. Value Health 1999;2:88-91.
The goal of this panel was to determine the ed-ucation and skills needed for conducting healthcare economic evaluations, and interpreting and using them in healthcare decision-making. Its specific objectives were to:
- describe a basic level of knowledge and skills required for researchers;
- discuss appropriate training methods (courses, workshops, academic certification, or in-house programs) for pharmacoeconomic researchers;
- suggest new directions for degree programs;
- recommend next steps.
Background and Context
Like other disciplines, to expand and grow as a mature area of research and application, the field of health economics requires experts and skilled professionals. Previous educational efforts by schools of pharmacy include the 1993 Invitational Conference [1] and the American College of Clini-cal Pharmacy (ACCP) Proposed Guidelines for Pharmacoeconomics Fellowships. Various pub-lished surveys have also been produced with re-spect to the teaching of health economics at the university level [2–5].
Unlike many other scientific fields, there is no single background or training that best prepares the researcher for a career in pharmacoeconomics or to be a user of health economic information. In-dividuals serving in such roles currently come from a diversity of educational and experiential backgrounds. Because this can and often does lead to difficulties in both attaining consistent and high-quality research and achieving optimal use of health economic information in decision-making, standardization of the educational and skills re-quirements for health economics researchers and users needs to be established.
Problem Statement
At the present time there is a strong demand for, and short supply of, qualified professionals in the field of health economics. The educational infrastruc-ture is inadequate to satisfy the demand. Courses are not standardized and there is a shortage of ad-equately trained faculty members. Position vari-ability and the multidisciplinary nature of the field make selection of applicants with various back-grounds difficult for employers. Although a great variety of training opportunities exists, there are few recognized formal programs and a lack of awareness about available training opportunities.
Issues
The following key issues related to education and skills in the field of health economics were identi-fied:
- Multidisciplinary training programs need to be developed for people coming from a variety of backgrounds at the pre- and postdoctoral level.
- Training must include “real-world” applications.
- It is unlikely that an ideal program can be cre-ated in any one school within an institution without collaboration with others.
- The value of establishing “minimal competen-cies” in health economics, relating to level of involvement in the field, has to be determined.
Should these “minimal competencies” be de-fined?
- Questions pertaining to who should be trained, how training should be performed, and what level of training is required need to be an-swered.
- The necessity of credentialing practitioners and users of health economic research needs to be assessed.
- There is need to improve the way information about training opportunities is disseminated.
A number of training opportunities specifically related to economic evaluation in healthcare al-ready exist, including self-study continuing educa-tion (CE) programs, sponsored workshops, and CE programs. Certificate programs are also avail-able. For example, the American Society of Health System Pharmacists (ASHP) Competitive Edge Program includes self-study (30 hours), lecture, simulation exercises (4.5 days), and a research project (3–4 months). University-based certificate programs, graduate degrees, and minor concentra-tions exist in the field of health economics and health services research. Pharmacoeconomics fel-lowships are also available. Various types of Mas-ter’s degrees (MS, MBA, MPH), medical training (MD), and doctoral training (PharmD, PhD, DrPH) in a number of related also contribute sig-nificantly to the knowledge base for training in health economics disciplines (Table 1).
Recommendations and Next Steps
Recommendations are proposed in the following domains:
- levels of expertise;
- educational infrastructure awareness;
- educational infrastructure enhancement;
- proper training “match”;
- balance between didactic and experiential edu-cation;
Table 1 Examples of the many different academic disciplines contributing to expertise in health economics

Accounting |
Management science |
Business |
Marketing |
Economics |
Medicine |
Engineering |
Nursing |
Environmental forecasting |
Pharmacy |
Epidemiology |
Psychometrics |
Finance |
Public health |
Health administration |
Sociology |
Health services research |
Statistics/Biostatistics |
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- credentialing;
- standardization of training and certification.
Levels of Expertise
Three levels of expertise among individuals in-volved in the practice and application of health economics were identified by the panel, including:
(1) awareness, (2) application, and (3) conceptual-ization.
A list of these different levels of expertise is shown in Table 2. Awareness is defined as an ex-posure to and factual knowledge of the discipline, allowing trained individuals to converse with oth-ers, understand research data and ask for help in the field. Individuals trained at the application level should be able to evaluate and compare data critically and make decisions based on health eco-nomic research information. In addition, they should have the ability to initiate studies based on standard methodologies. For the conceptualiza-tion level of expertise, trained individuals would have the ability to create new methodology, de-velop theory, and assimilate relevant methodolo-gies and theories from related disciplines.
Educational Infrastructure Awareness
The panel recommends developing access to de-tailed information about available educational programs in the field of health economics. Identifi-cation of relevant educational resources outside of the field should be part of this awareness. A Web site would be an invaluable tool to disseminate in-formation on availability of all existing training programs.
Educational Infrastructure Enhancement
Relevant educational resources outside of health economics should be utilized to enhance the edu-cational infrastructure. With respect to health eco-nomics training, a Web site and other available communication technologies could be used to of-fer educational support; this may include ques-tion-answer potential on-line and distance learn-ing. Sponsored formal training programs were also proposed. These would be competitively se-lected and targeted to different levels. The offering of higher level programs should be encouraged, as well as short courses at society meetings and 1- to 2-week training programs.
To assure relevance for all stakeholders, a three-way partnership with managed care, indus-try, and academia needs to be established for fel-lowship and residency programs. There is also a need for official funding and consideration of faculty incentives. Nationally known training sites and credible “train the trainer” programs would also contribute to the infrastructure.
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Table 2 |
Levels of competency and corresponding training needs in health economics |
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Level of training |
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Level of competency |
Continuing education |
Experiential training/Certificate |
Fellowships |
Formal degree |
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Awareness |
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√ |
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Industry field force |
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Healthcare practitioners |
√ |
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Healthcare administrators |
√ |
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Clinical and marketing industry team |
√ |
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Patient groups |
√ |
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Benefits managers |
√ |
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Application |
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√ |
√ |
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Decision-makers for populations |
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Applied researcher |
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√ |
√ |
√ |
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Conceptualize |
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√ |
√ |
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Academic/faculty |
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Senior industry scientists |
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√ |
√ |
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Senior research consultant |
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√ |
√ |
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The International Society for Pharmacoeco-nomics and Outcomes Research (ISPOR) has a unique role to play in enhancing the education-al infrastructure for health economics. Through ISPOR, various types of training could be offered, especially for those at higher levels. Faculty train-ers should be recognized experts in the field. ISPOR may also wish to join forces with other or-ganizations to expand programs.
Proper Training “Match”
Degree programs should accommodate multidisci-plinary participants through the availability of prerequisite trainings and flexible core course of-ferings. Potential students of programs at the awareness training level should be made aware of program requirements. ISPOR identification of training programs would be helpful.
Balance between Didactic and Experiential Education
Programs, regardless of level, are enhanced by the incorporation of real-world data and exposure. The panel recommends that training include expe-rience in a real-life setting, with case studies and “live” data sets. Establishment of collaborative re-lationships between academia, industry, and man-aged care organizations would be necessary to en-able optimal training experiences.
Credentialing of Individuals
The development of a credentialing process should be a long-term goal of ISPOR to establish stan-dards for the field. In the short term, for those al-ready active in the field, the use of a professional portfolio demonstrating accomplishment in the field is recommended in lieu of credentialing.
Standards of Training and Certification
It is recommended that ISPOR play a leadership role in standardizing training and certification through a three-step process:
- Step 1: Develop guidelines for postprofessional degree training.
- Step 2: Accredit pharmacoeconomic residen-cies and fellowships.
- Step 3: Establish collaborations with other or-ganizations to expand accreditation to other relevant residencies.
Summary
At the present time there is a strong demand for, and short supply of, qualified professionals in the field of health economics. Although a diversity of training opportunities exists for both decision-makers and researchers, the educational infra-structure is inadequate to satisfy the demand. Rec-ognizing the need for different levels of expertise, the panel recommends an effort be made to in-crease awareness of currently available training opportunities and to strengthen the number and quality of these programs. Credentialing and stan-dardization of training and certification are proposed as long-term goals in which the International Soci-ety for Pharmacoeconomics and Outcomes Re-search has a major role to play.
References
- Draugalis JR, Coons SJ. The role of colleges of pharmacy in meeting the pharmacoeconomic needsof the pharmaceutical industry: a conference report. Clin Ther 1994;16:523–37.
- Draugalis JR. Updating skills: pharmacoeconomics as continuing education. Topics Hospital Pharmacy Manage 1994;13:72–6.
- Frenkel M, Farber MD, Lepe I. Teaching health economics in American medical schools. J Med Prac Manage 1991;7:151–4.
- Gregor KJ, Draugalis JR. Graduate pharmacoeco-nomic education and training programs in U.S. colleges of pharmacy. Am J of Pharmaceutical Educa-tion 1994;58(Winter):378–81.
- tergachis A, Gardner JS, Sullivan SD, Christensen DB. What are the training needs for developing re-search skills in pharmaceutical outcomes research? Paper presented at invitational conference, Patient Outcomes Interventions: A Scientific Foundation for the Future. American Pharmaceutical Associa-tion, November 1994.
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