Study-Unit Description

Study-Unit Description


CODE PHR3340

 
TITLE Pharmacoeconomics and Management in Pharmacy

 
UM LEVEL 03 - Years 2, 3, 4 in Modular Undergraduate Course

 
MQF LEVEL 6

 
ECTS CREDITS 2

 
DEPARTMENT Pharmacy

 
DESCRIPTION - The impact of disease on the patient, the family, society, the economy and the state.
- Basic concepts of economics as applied to health in general and to pharmaceuticals in particular.
- The major pharmacoeconomic tests that are available to determine the efficiency, utility of and benefits arising from the use of different medicines and how these can be minimised.
- The requirement of regulation in pharmaceutical production, marketing and dispensing, and the effect that this has on the cost of therapy.
- The pharmacoeconomic factors that need to be taken into account along with factors of other nature when establishing treatment protocols in particular circumstances.
- Requirements for running efficient pharmacy services both in the community and in hospitals.
- The link between medicines management and clinical governance, risk management, forming effective relationships between primary and secondary care and improving financial planning.

Study unit aims:

o to obtain an appreciation of the impact of medication costs on the financial resources of the patient and of the country.
o to understand the role of management in the efficient provision of pharmacy services, and the tools that can be used to achieve such efficiency.

Learning Outcomes:

1. Knowledge & Understanding
By the end of this study unit, the student will be able to:
o describe varied pharmacoeconomic techniques
o understand framework concepts and tools for analyzing or proposing decisions with financial implications

2. Skills
By the end of this study unit, the student will be able to:
o perform literature evaluations of pharmacoeconomic articles
o apply fundamental management functions of planning, decision making, organizing

Main texts:

o Kayne SB. Ed. Pharmacy Business Management. London: Pharmaceutical Press, 2005

 
STUDY-UNIT TYPE Lecture, Seminar & Independent Study

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Examination (2 Hours) Yes 100%

 
LECTURER/S John Vella

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit