Units / PHI5264
PHI5264 · Economic management in healthcare
2027 Handbook6 credit pointsLevel 5Department of Epidemiology and Preventive Medicine
Overview
The complexities of care delivery in the ever-evolving world of health services has never been more challenging or significant; healthcare managers need fluency in health economics, because healthcare delivery and funding are inexorably linked. The ability to evaluate cost effectiveness of transforming care practices has become essential as government funding for health is increasingly interpreted as funding quality outcomes. In this unit you will explore concepts of resource allocation and will analyse and compare funding for competing health needs. It will investigate the production of health care and services within an economic framework, incorporating/cementing this knowledge with case studies. It will also include critical analysis of the impact of innovation and how this is incorporated into current health care funding, utilising systematic methods and evidence-based medicine in the form of economic evaluations and their application.
Offerings
| Campus | Teaching period | Mode |
|---|---|---|
| Indonesia | Monash Indonesia term 4 | Teaching activities are on-campus (ON-CAMPUS) |
Assessment
The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.
| # | Assessment | Type | Weight | Hurdle |
|---|---|---|---|---|
| 1 | Critical reflections (2400 words) | Written | 35% | — |
| 2 | Critical appraisal (2,000 words) | Written | 30% | — |
| 3 | Oral presentation | Project | 35% | — |
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Requisites
prohibition
Learning outcomes
- Categorise the funding impacts of the Indonesian healthcare system in the context of service delivery.
- Apply principles of health economics to the allocation of resources within health care.
- Appraise and interpret economic production function for healthcare, and how service delivery is structured around economic production and innovation.
- Analyse and evaluate resource allocation in healthcare and the use and role of economic evaluations in decision-making.
- Critically appraise peer-reviewed published economic evaluations and collaboratively synthesise findings to inform and recommend evidence-based healthcare solutions
Workload
24 hours per week including directed and self-directed learning (scheduled classes, prescribed activities and independent work).
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