Health Economics Circle - HEC

WE HAD OUR FIRST EVENT OF THE YEAR!
We went hiking in the Buda hills on Saturday. A huge thank you to everyone who joined us, it was a great opportunity to get to know each other better. Hopefully the first of many!
Here are some pictures of our group and the beautiful autumn colors around Budapest 🍂

Welcome back to a new semester! To start off with, we would like to congratulate all the students who graduated during the summer. We wish you the best for the future!

Also a big welcome to all the first year students, we really look forward to meeting you in the coming weeks!

We would also like to congratulate Basel Odetallah, the new President and Meiram Tungushpayev, the new Vice President of HEC!

Please follow the HEC page and LinkedIn profile for regular updates! Feel free to contact us on social media if you have any questions!

Good luck for the first week of class.

Health Futures Forum. Day 3 Health Futures Forum: Shaping the Future of Health is a three-day virtual forum for the World Health Organization (WHO) Regional Office for the Western Pacif...

In 2020, the United States lost around four million years of potential life due to Covid-19.“It’s such a big number that if I’m truly honest, we don’t have the mental capacity to process it” - Myrskyla, study author, said.

For the past year, experts have struggled to express what Covid-19 has taken. But health statisticians are increasingly using a calculation called years of life lost, which counts how much time the victims could have lived if they hadn’t died. They say it can help us determine which communities have lost the most and prioritize how to recover.

Read more:

The Years We’ve Lost to Covid Some experts insist it’s more important to track the time we’ve lost to the pandemic rather than the lives.

This article discusses a recent paper on Alzheimer’s disease. It discusses how to best evaluate new treatments for Alzheimer’s and how the costs of the disease are shared by various stakeholders.

ISPOR Value Flower and Alzheimer’s Disease – Healthcare Economist HTA ISPOR Value Flower and Alzheimer’s Disease 31 March 2021Jason ShafrinLeave a comment Standard cost-effectiveness measures the value of a treatment based on the cost for an additional unit of health where units of health are measured in quality-adjusted life years (QALYs). For Alzheimer’s dis...

There is increasing concern that the coronavirus disease 2019 (COVID-19) pandemic could exacerbate the risk of su***de. However, even before the pandemic su***de is considered the tenth-leading cause of death in the United States. Unfortunately, many countries avoid implementing su***de-prevention strategies because they are not cost-effective.
In this article researchers at Massachusetts General Hospital (MGH) used standard health economics measures to suggest two cost-effective interventions to reduce the risk of su***de.

Find more about the interventions below:

Su***de risk prediction models could be cost-effective in clinical practice Pairing risk prediction algorithms with active contact and follow-up or cognitive behavioral therapy could be implemented with positive results at acceptable costs to the health care system. Study results suggest that the accuracy of su***de prediction tools is sufficiently high to warrant pilot imp...

Measuring the efficiency of health care outputs is no easy task. Primary Care is no exception to this. The complexity comes from the diverse physical outputs and activities logs that do not necessarily translate into a meaningful change in the patient’s quality of life.

In light of the Covid-19 pandemic and its far-reaching effects, it is vital that health care resources are used in an optimal manner. In order to improve the system, it is important to have measurements that accurately reflect the efficiency of said system.

Read the article below for more information:

Efficiency Measurement in Primary Care: Time to Overcome the Challenges and Achieve Some Gains Why is the measurement of efficiency in health care so important, but equally challenging? And why is it especially so in primary care? This blog provides an overview of these well-known issues, and offers a glimpse into the results of a new OHE analysis of approaches to measure efficiency in primar...

Happy International Women's Day to all the amazing women of the health sector 👩‍💼👩‍🎓👩‍🔬💜

Emerging studies indicate that, unfortunately, access to the Covid-19 vaccine has not been equal. In many cases, the distribution is unrelated to medical need or medical risk.
This is not surprising. Over the decades and in many countries the poor, racial minorities, and other marginalized groups rarely make it to the front of the healthcare services waiting lines.

See the full article here:

Who Is Getting the Vaccine? Who Isn’t? And Why? Two things are obvious. Access to the Covid-19 vaccine has not been equal. And in many cases, the distribution is unrelated to medical need or medical risk.

From yesterday meeting with The Hungarian Health Economics Association (META), where the students of the Health Economic Circle had the great opportunity to be introduced to the META as a network for professionals, national payers, governmental stakeholders, and all those who are interested in health economic science, for discussing the most important health economic challenges.

First, Dr. Zemplényi Antal, the President of META introduced the students to the association's mission and activities, followed by its role in promoting the importance of health economic approach in the COVID-19 pandemic, for a better understanding of the costs and benefits of policy decisions in a novel pandemic situation.

Then, the META Student Chapter President, Csanádi Marcell discussed the association's support for students from attending conferences to workshops, how to join the association, and possible collaborations to support Corvinus University students in the Master of Health Policy, Planning, and Financing.

AI can help in achieving better health outcomes, better patient & care provider experiences, all at a lower total cost ...... however, AI may unintentionally perpetuate biases that affect an individual’s health or access to care If doesn’t take into account racial or geographic health disparities.

How the responsible use of AI can help create a better health system Used responsibly, AI can produce better health outcomes, better patient experiences, and better care provider experiences.