Linking Biomedical Informatics and Health Economics Health & Biosecurity | Health Data Analytic Team Yang Xie | yang.xie@csiro.au HIC ignite stage | 30-Jul-2018 THE AUSTRALIAN E-HEALTH RESEARCH CENTRE
Background • All national economies are now facing a continuing challenge due to a growing demand with finite resources • By sharing similar purposes - improving health care quality and efficiency - the boundaries between health economics and health informatics have become less and less clear
Biomedical Informatics • Health informatics as a multidisciplinary field that applies knowledge from information science, computer science and social science, to study the information and communication systems in healthcare, with the ultimate aim of improving health care quality and efficiency Source of figure : Weber GM, Mandl KD, Kohane IS. Finding the missing link for big biomedical data. JAMA. 2014;311 :2479-80.
Healthcare Economics • Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behaviour in the production and consumption of health and healthcare. Source of figure : Williams A. (1987) Health Economics: The Cheerful Face of the Dismal Science?. In: Williams A. (eds) Health and Economics. British Association for the Advancement of Science. Palgrave Macmillan, London
Example 1 How health economics can enable physicians and researchers to test new hypotheses and identify new opportunities of innovation
Example 2 How health informatics can be utilised to answer health economic and policy questions
Key takeaways • To health informatics researchers: talk to health economists more frequently to seeks “causal” interpretability of results! • To health economists: reach to health informatics researcher more often to explore the ability of large-scale integration and analysis of the heterogeneous health informatics data sources when answering big economic questions! • Always consider adding a health economic component to your health informatics research, making the outcome more impactful!
Thank you For more information, please contact: Yang Xie Postdoctoral Fellow T: +61 7 3253 3649 E: Yang.Xie@csiro.au W: www.aehrc.com THE AUSTRALIAN E-HEALTH RESEARCH CENTRE
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