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Pharmacy Benefit Management: Enhancing the Applicability of Pharmacoeconomics for Optimal Decision Making

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Author Info

  • C. Daniel Mullins

    (School of Pharmacy, Center on Drugs and Public Policy, University of Maryland, Baltimore, Maryland, USA)

  • Junling Wang

    (Department of Pharmacy Practice and Science, School of Pharmacy, Pharmaceutical Health Services Research, University of Maryland, Baltimore, Maryland, USA)

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    Abstract

    Previous research indicates that in order to make pharmacoeconomic information applicable and useful for pharmaceutical benefit management (PBM) companies, several aspects need to be considered and improved. These include: timely availability of information, head-to-head comparators, peer-reviewed publications, independent sponsorship of pharmacoeconomic studies, use of relevant populations in research and published pharmacoeconomic models, and pharmacoeconomics training for pharmaceutical companies' sales personnel. In addition to these measures, guidelines have been playing an important role in improving the applicability of pharmacoeconomic information. This paper examines the progress to date in enhancing the applicability of pharmacoeconomics for optimal PBM decision making. The greatest improvements have been made in enhancing the quality of pharmacoeconomic research and the quality of peer-reviewed publications. Direct comparator studies are starting to emerge, but in limited numbers. The need for additional training of pharmaceutical representatives and PBM staff members remains a critical issue.

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    Bibliographic Info

    Article provided by Springer Healthcare | Adis in its journal PharmacoEconomics.

    Volume (Year): 20 (2002)
    Issue (Month): 1 ()
    Pages: 9-21
    Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
    Handle: RePEc:wkh:phecon:v:20:y:2002:i:1:p:9-21

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    Web page: http://pharmacoeconomics.adisonline.com/

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    Related research

    Keywords: Evidence based medicine; Pharmacoeconomics;

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