Short course in health economics: Advanced Methods for Cost-Effectiveness Analysis: Meeting Decision Makers’ Requirements - York Summer Workshop

The 5-day 'Advanced' Workshop deals with advanced methods in cost-effectiveness analysis for pharmaceuticals and other health care technologies. It is structured around the analytical steps required to develop economic analyses to inform decision makers such as reimbursement agencies, hospital managers and formulary committees. Although many examples relate to medical technologies (e.g. drugs, devices and diagnostics), the principles extend to other types of intervention like public health. Recent developments in the field are covered, including those relating to evidence synthesis, uncertainty and value of information analysis. In addition to presentations, the workshop includes a series of exercises focusing on the development and analysis of a decision model, and includes computer-based work.

In order to get the most out of the Advanced Workshop, participants should be familiar with Drummond et al. Methods for the Economic Evaluation of Health Care Programmes, Oxford: OUP, 4th Edition, 2015, and ensure they are familiar with the main functions of Excel(R).

The Faculty and tutors come from the Team for Economic Evaluation and Health Technology Assessment at the Centre for Health Economics, University of York. 

Target audience: 
Those involved in initiating, undertaking, managing or interpreting economic evaluations or quality of life assessments of medicines, within pharmaceutical and medical device companies; clinical and health services research; and health care decision-making.

Information about fees:
For online registration and the latest up-to-date fees please visit our website:

Fees are fully inclusive of specialist tuition and support, course materials, lunch and refreshments, welcome reception and course dinner within beautiful historic venues in York city centre, and do not include accommodation. UK VAT is not payable.

  • Discounted fees are available for public/academic sector organisations worldwide, including PhD students (e.g. universities, charities, hospitals, government agencies and other public bodies).

  • Early booking fees are available for private/industry sector organisations until 30 March 2018.

  • Bookings are taken right up until Friday 8 June 2018, although you are advised to book early to avoid disappointment.

The Principal York 4-star hotel,
Station Road, York, YO24 1AA, UK.

The stunning Principal York hotel workshops' venue is conveniently located directly next to York railway station. Newly refurbished and restored to its former splendour, this luxury hotel was voted 'Hotel of the Year' and 'Conference Venue of the Year' at the 2016 Visit York Tourism Awards.

Programme (may be subject to change)

Day 1

  • 8.45am - 9.30am: Workshop Registration
  • 9.30am - 9.45am: Introductions and preliminaries
  • 9.45am - 10.30am: Economic Evaluation and Policy
    • Methods guidelines
    • International policy and economic evaluation
    • Course outline
  • 10.30am - 11.30am: Analytical Starting Points
    • Analytical requirements for decision making
    • Defining decision problems
    • Scoping analyses
    • Decision rules
    • Modelling vs. patient-level data analysis
  • 11.30am - 12.30pm: Exercise - Decision Rules
  • 12.30pm - 1.30pm: Lunch
  • 1.30pm - 3.00pm: Structuring Decision Problems
    • Different types of models
    • Modelling from trials
    • Selecting models
    • Extrapolation
  • 3.00pm - 3.30pm: Refreshments
  • 3.30pm - 5.00pm: Guest presentation by Meindert Boysen, Programme Director, Technology Appraisals at NICE
  • Evening Social Event: Welcome Reception

Day 2

  • 9.00am - 10.00am: Exercise - Structuring Decision Models
  • 10.00am - 10.30am: Refreshments
  • 10.30am - 12.00 noon: Populating Decision Models: Effectiveness Evidence
    • Different types of evidence
    • Meta-analysis
    • Meta-regression
    • Indirect comparison and network meta-analysis
  • 12.00 noon - 12.45pm: Exercise - Evidence Synthesis  
  • 12.45pm - 1.45pm: Lunch
  • 1.45pm - 2.45pm: Populating Decision Models: Measurement and Valuation of Health Outcomes
    • Types of outcome measures
    • Deriving utilities
    • Data sources
    • Methods controversies
  • 2.45pm - 3.45pm: Populating Models – Costs
    • Types of costs
    • Sources of data
    • Discounting
    • Methods controversies
  • 3.45pm - 4.15pm: Refreshments
  • 4.15pm - 5.15pm: Exercise - Assembling Cost and Outcome Data

Day 3

  • 9.00am - 10.15am: Economic Evaluation of Diagnostic Tests
  • 10.15am - 11.00am: Exercise - Evaluation of Diagnostics
  • 11.00am - 11.30am: Refreshments
  • 11.30am - 1.00pm: Dealing with Uncertainty in Decision Models
    • Analysis of models
    • Sensitivity analysis
    • Sub-group analysis
    • Probabilistic analysis
  • 1.00pm - 2.00pm: Lunch
  • 2.00pm - 3.00pm: Exercise - Probabilistic Sensitivity Analysis
  • 3.00pm - 3.30pm: Refreshments
  • 3.30pm - 5.15pm: Exercise - Building and Analysing a Decision Model

Day 4

  • 9.00am - 10.45am: Making Decisions
    • Interpreting economic evidence
    • Reflecting uncertainty in decisions
    • Value of perfect information
  • 10.45am - 11.15am: Refreshments
  • 11.15am - 12.15pm: The UTI Case-Study: Full Probabilistic Analysis and Value of Information
  • 12.15pm - 1.15pm: Lunch
  • 1.15pm - 2.45pm: Cost-Effectiveness Analysis of Patient-Level Data Alongside RCTs: Part I
    • Using sample data
    • Presenting uncertainty
  • 2.45pm - 3.15pm: Refreshments
  • 3.15pm - 4.45pm: Exercise - Analysing and Reporting Trial-Based Cost-Effectiveness Analysis Results 
  • Evening Social Event:  Course Dinner

Day 5

  • 9.00am - 9.30am: Solutions and discussion of Exercise - Analysis and Reporting Trial-Based Cost-Effectiveness Analysis Results  
  • 9.30am - 10.30am: Cost-Effectiveness Analysis of Patient-Level Data Alongside RCTs: Part II
    • Multi-variable analysis
    • Sub-group analysis
    • Multi-level models
  • 10.30am - 11.00am: Refreshments
  • 11.00am - 12.00 noon: Understanding Heterogeneity in Economic Evaluation: Sub-Groups of Patients and Jurisdictions
  • 12.00 noon - 12.30pm: Bringing things together and panel discussion
  • 12.30pm:  Lunch and Workshop close

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5-day training course

Centre for Health Economics, University of York

York , United Kingdom

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