Economic evaluation and health finance decisions

Achieving the best use of resources is a fundamental objective in health systems with limited budgets. Economic evaluations and cost-effectiveness analysis use a diverse range of methods that systematically compare the costs and consequences of different alternatives to help guide decisions about how to best allocate resources. Achieving the best use of resources may also require decision makers to consider the distribution of health outcomes across the population, taking into account other factors such as equity and fairness.

For the past 20 years, CHE has been at the forefront of economic evaluation and cost effectiveness analysis. A specialist team in the centre regularly contributes to public funding decisions of new health technologies in Australia and overseas. This work includes assessment and critique of industry-conducted submissions for funding, independent economic evaluation of health technologies, and post-market review of funded therapies.

Examples of our published research

Our lead researchers

Health technology assessment

Economic evaluation alongside clinical trials

Economic modelling and Evaluation methods