What is Health Economics and Simulation Modelling (HESM)?
Health economics is a field of study concerned with the connections between health and the resources (e.g., time, people, money and equipment) needed to promote health. In reality, such resources are limited, meaning that choices need to be made. By applying economic theories of demand, supply and social choice, health economics aims to understand the behaviour of decision makers, including individuals, households, health care providers, organizations and governments.
All models are representations or simplified versions of a concept. In health care, simulation modelling can be thought of as the process of describing and analyzing a representation of a physical phenomenon to predict its performance in the real world. It offers a valuable, flexible tool for synthesising and leveraging existing information to examine the potential impacts of alternative decisions.
Mandate for the HESM Methods Cluster
The HESM Methods Cluster will advance the evidence-base of the scientific methods used within the context of patient-oriented HESM research by fostering a community of methodologists to engage in discussions and collaboratively undertake projects. A second priority area focuses on the creation of HESM training and education materials for all stakeholders. Through a dedicated focus on patient-oriented research principles, the activities of the cluster will complement and strengthen the work of the health economics and simulation modelling community in British Columbia.
Who to Contact:
KT Specialist: Alison Hoens