World Journal of
Pharmaceutical and Life Sciences

( An ISO 9001:2015 Certified International Journal )

An International Peer Reviewed Journal for Pharmaceutical and Life Sciences
An Official Publication of Society for Advance Healthcare Research (Reg. No. : 01/01/01/31674/16)
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Abstract

PHARMACOECONOMICS – AN EXCLUSIVE DISCIPLINE ABOUT GIVING COST EFFECTIVE HEALTHCARE

Dr. Ayesha Sara*, Thulsiram Pathlavath, Dr. Mohammad Dawood Shareef and Sushma Desai

ABSTRACT

Pharmacoeconomics, a scientific discipline aims to achieve quality of life in minimum cost where pharmacist intervention studies in comparing value of drug or drug treatment to another helps in decreasing and necessary expenditure related to societal and Healthcare. The study design methodology includes analysis basic comparison with cost of illness, cost -minimization, cost -effectiveness, cost - benefit and cost -utility. The inputs (information) measured during the pharmacy service hours with the output (production units) like number of prescriptions dispensed or monitored patients. pharmacoeconomic discipline specialize pharmacist serves in resolving the issues concerning patients on choosing best medicine and therapy within their Limited financial plan. In the study many pharmaceutical companies shown interest and conduct this economic evaluation research studies having economic impact in Health care budget.

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