Decisions about adopting new healthcare
Decisions about adopting new healthcare interventions should be supported by the best available evidence on their safety, effectiveness and cost-effectiveness. Nevertheless, evidence is never certain and so is any decision based on that evidence. This uncertainty may lead to suboptimal decisions with costly consequences to the health system. Clearly, collecting more information may reduce uncertainty; however, there is a cost for conducting additional research. Value of Information (VOI) analysis is a systematic approach to quantify the value of additional research in reducing decision uncertainty. It compares the expected research monetary benefit with its expected cost to inform whether additional research is worthwhile, optimally design research studies and set research priorities.
The presentation will be given by Dr Haitham Tuffaha, Griffith University. All welcome to the talk, more information can be found at: https://cbeh.centre.uq.edu.au/research-seminar-series
Seminar Date & Time: Tuesday 14th August, from 11:30am to 12:30pm in the Board Room, Centre for the Business and Economics of Health, Level 3 West, Pharmacy Australia Centre of Excellence (PACE), 20 Cornwall Street, Woolloongabba (next to Dutton Park train station).
(Tuesday) 11:30 am - 12:30 pm
Centre for the Business and Economics of Health
Level 3 West, Pharmacy Australia Centre of Excellence (PACE), 20 Cornwall Street Woolloongabba