Health Economics

George Clinical’s Health Economics team provide an expert, bespoke, service to medical device and pharmaceutical companies who are increasingly expected to provide comprehensive evidence regarding the economic benefit of their product, not just efficacy and safety data.

Health Economics

George Clinical’s Health Economics team provide an expert, customized service to medical device and pharmaceutical companies who are increasingly expected to provide comprehensive evidence regarding the economic benefit of their product, effectiveness and necessary health impact costs.

As the levels of chronic illness increase globally and the technologies available for treatment become increasingly expensive, significant challenges emerge when addressing the economic burden of such illnesses. Programs to prevent, treat and provide long-term management of chronic disease and cancer often have profound economic implications for health sector budgets, as well as for individuals and households. Country regulators now also expect feedback on these costs as a normal practice for approved products. Those who produce pharmaceutical and medical device products are also expected to show evidence of economic benefit. This creates an imperative for sound economic evidence to inform investment of scarce health sector resources.

Our Health Economics teams operate globally, yet have unique expertise throughout the Asia-Pacific region.

Health Economic Capabilities and Services

George Clinical’s health economics services are led by Professor Stephen Jan from The George Institute for Global Health.

George Clinical’s health economics services team conduct innovative and high quality health economics research in the following areas:

  • Economic evaluation
  • Household economic impact analysis
  • Priority setting and option appraisal
  • Preference studies
  • Cost analyses
  • Quality of life assessments

The services we provide to our customers include:

  • Consultancy
  • Design and analysis of health economics outcomes for studies
  • Design health economics surveys
  • Perform cost-effective analysis
  • Modeled economic evaluations

Health Economics Scientific Leadership

Stephen Jan is Head of the Health Economics and Process Evaluation Program at the George Institute for Global Health and Professor, Faculty of Medicine, UNSW Sydney.

He is an Honorary Professor at the University of Sydney, a Director of the Sax Institute and an Associate at both the Menzies Centre for Health Policy and the Poche Centre for Indigenous Health. He is a current NHMRC Principal Research Fellow and has previously held posts at the London School of Hygiene and Tropical Medicine and the Centre for Health Economics Research and Evaluation (CHERE) in Sydney. Stephen has over 20 years of experience in health economics, has published over 200 scientific articles and authored two textbooks in health economics.

He has worked closely with various governments of different levels, both in Australia (Commonwealth and State) and overseas, with international agencies such as the WHO and industry. His areas of expertise are economic evaluation, health financing, health sector priority setting, Indigenous and global health issues and the economics of chronic disease.

 

 

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