Economic Evaluations
What is an economic evaluation?
An economic evaluation helps decision makers understand the value of funding an intervention or service compared to not delivering it or delivering something different. It helps ensure more informed decisions about how to spend limited budgets.
Economic evaluations tend to go hand in hand with effectiveness evaluations, and because of this benefit from input from academic researchers. Our colleagues from the Centre for Health Economics at the University of York, who work as part of the NIHR Applied Research Collaborative, have produced a number of helpful resources that can help you to decide whether your service is ready for an economic evaluation. A simple guide can be found in our resources section here. For a more detailed guides you can access the links below.
NIHR Applied Research Collaborative Guide to Economic Evaluation