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LSE: Modelling Cost-Effectiveness in Healthcare

Improve healthcare systems by effectively allocating resources with the help of cutting-edge decision-making tools.

Improve healthcare systems by effectively allocating resources with the help of cutting-edge decision-making tools.

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This course is offered by , an edX partner
8 weeks
7–10 hours per week
Starts Jun 5, 2024
Enroll by Jun 11, 2024
Instructor-paced
Instructor-led on a course schedule
8 weeks
7–10 hours per week
Starts Jun 5, 2024
Enroll by Jun 11, 2024
Instructor-paced
Instructor-led on a course schedule

About this Course

Shrinking margins and rising costs are driving public and private health systems to improve operational efficiencies and reduce expenses. Rigorous financial management could help to improve care provision and combat unnecessary spending.

The Modelling Cost-Effectiveness in Healthcare online certificate course from LSE equips you with marketable skills in cost-effectiveness modeling. This technical course has been designed by faculty and experts from the Department of Health Policy at LSE who have a solid grounding in fundamental policy and economic skills, and the knowledge and expertise to apprehend global health challenges. Over eight weeks, you’ll explore cost-effectiveness modeling techniques and discover methods of sourcing quality data. Throughout the course, you’ll learn how to conceptualize a model, inform resource allocation decisions, and analyze a cost-effectiveness study.

This course is suited to both health and finance professionals who deal with modeling costs in the healthcare sector. Health administrators and medical workers will learn how to better budget, assign, and prioritize resources. They’ll also benefit from enhancing their decision-making and resource allocation skills. Finance and insurance professionals will learn how to get the most out of their health products or services budgets, and will benefit from gaining insight into product pricing and R&D resource allocation.

Course curriculum

Skip Course curriculum

Familiarize yourself with cost-effectiveness modeling techniques as you work through the weekly modules of this online certificate course.

Orientation module : Welcome to your Online Campus

Module 1: Foundations of cost-effectiveness analysis

Module 2: Introduction to modelling methods

Module 3: Identifying and reviewing data for cost-effectiveness analysis

Module 4: Discretely integrated condition event (DICE) simulation

Module 5: Interpreting model results and making decisions under uncertainty

Module 6: Building conceptual models of real-world processes

Module 7: Discrete event simulation for health technology assessment

Module 8: Future perspectives on cost-effectiveness analysis

About the certificate

Acquire valuable skills in cost-effectiveness modelling and earn an official certificate of competence from the London School of Economics and Political Science.

Assessment is continuous and based on a series of practical assignments completed online. In order to be issued with a digital certificate, you’ll need to meet the requirements outlined in the course handbook. The handbook will be made available to you as soon as you begin the course.

Your certificate will be issued in your legal name and sent to you digitally upon successful completion of the program, as per the stipulated requirements.

Some facts about the subject

5.2%

The rise in the budget for NHS day-to-day running costs between 2013/14 and 2024/25, with real-terms growth at 2.5% per year, adjusted for inflation.

The Health Foundation (Dec, 2023).

“Modeling is key

in assessing costs and benefits of different disease management strategies, including routine monitoring, in the conditions of hypertension, type 2 diabetes mellitus and chronic kidney disease in primary care”.

_Springer Link (Feb, 2024). _

Why choose GetSmarter?

GetSmarter, an edX partner, delivers career-relevant, fully supported, and expert-led online courses from the world's leading universities and institutions. As an online learning expert with over 15 years' experience, GetSmarter leverages long-standing expertise in market research, data analysis, and business insights to ensure that you gain the skills critical to career growth.