DCP3 Contributors Participate in Global Health Economics Colloquium
On Friday, November 21 three DCP3 Secretariat staff members presented at the 2nd Annual Global Health Economics Colloquium at the University of California, San Francisco. Drs. Carol Levin and Stephane Verguet led a panel discussion on cost-effectiveness analysis, introducing DCP3's extended cost-effectiveness analysis method. The session was moderated by Dr. Dhruv Kazi of UCSF.
Additionally, Dr. Dean Jamison joined Dr. Levin in leading a workshop on "Pursuing Global Health 2035," with a focus on financing and costing. Drs. Jamison and Levin, along with other workshop facilitators, described the importance and challenges of their respective topics. Participants divided into small groups to discuss potential research strategies for these topics. A product of these breakout sessions was a list of research ideas, opportunities, and priorities for global health financing, costing, behavioral economics, and efficiency metrics. Read more
Cost-effectiveness analysis is an important tool for health economists to compare and prioritize health interventions. These metrics are limited, however, in their ability to capture important nuances in population health, such as income differentials. For this reason, DCP3 economists developed methodology for extended cost-effectiveness analysis (ECEA), disaggregating cost-effectiveness ratios to tell a more detailed story of equity, financial risk, and affordability. I recently presented ECEA examples with my colleagues at University of California, San Francisco’s Global Health Economics Colloquium – and I am heartened by the increasing inclusion of equity in global health conversations. Look for ECEA and other innovative measures of equity in forthcoming DCP3 volumes. Best wishes,