Abstract

PHARMACOECONOMIC EVALUATION OF A JAN AUSHADHI KENDRA IN JHARKHAND

Priyanki Mishra, Dr. Kusum Kumari*, Dr. Sunita Toppo and Dr. Pramveer Kumar

ABSTRACT

Pharmacoeconomics can be defined as a study which uses cost -benefit, cost-effectiveness, cost minimization, cost of illness and cost analysis to compare pharmaceutical products and treatment strategies.[1] It compares the cost of different alternatives of drug therapy and and its consequences upon the healthcare and the society. Thus, this branch has become an oft-used criterion for decision making in modern health care policy. Apart from the economic components, the humanistic components related to pharmacoeconomics include quality of life, patient preferences and patient satisfaction.[2] Pharmacoeconomic evidences can be utilised to support decisions regarding the pricing of drugs by various pharmaceutical companies. Also, these principles can be applied to the hospital pharmacies and the community.

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