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Evaluating the Economic and Financial Implications of Pharmaceutical Interventions on Health Outcomes and Cost

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  • Edward Domina Attafuah

    (Accountant, University Health Service, University for Development Studies)

  • Amos Akyeampong

    (Pharmacist UDS Clinic P.O.BOX TL 1350)

Abstract

The economic and financial implications of pharmaceutical interventions on health outcomes and costs are critical factors in assessing the overall effectiveness of healthcare systems. This study aims to evaluate the economic impact of pharmaceutical treatments on both health outcomes and the associated costs. By examining various pharmaceutical interventions across different therapeutic areas, the research investigates the balance between the costs of medications and their effectiveness in improving patient health, reducing hospitalizations, and preventing long-term complications. The study will focus on cost-effectiveness analyses, cost-benefit assessments, and the broader economic burden on healthcare systems. The findings will provide insights into the sustainability of pharmaceutical spending, the allocation of resources, and policy recommendations for optimizing health outcomes while managing financial constraints. Additionally, the research will explore the role of innovative drugs, generics, and pricing strategies in shaping the economic landscape of healthcare. Ultimately, this evaluation seeks to inform policymakers, healthcare providers, and industry stakeholders about the intricate relationship between pharmaceutical investments and their long-term economic impact on public health systems.

Suggested Citation

  • Edward Domina Attafuah & Amos Akyeampong, 2025. "Evaluating the Economic and Financial Implications of Pharmaceutical Interventions on Health Outcomes and Cost," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(5), pages 299-312, May.
  • Handle: RePEc:bcp:journl:v:9:y:2025:issue-5:p:299-312
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