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Course Proficiencies
*Note on course proficiencies*

YEAR 2
SEMESTER II

Pharmacy Management III
PHAR 5362

Course Description: This is an integrated course that provides students with information on pharmacoeconomics, outcomes research, disease state management, pharmacoepidemiology, pharmaceutical marketing and pharmacy promotions.

Cr. 3. (3-0).

Prerequisite: PHAR 4261, Pharmacy Management II

Course Proficiencies: The student will be able to:

  1. Identify the role of outcomes assessment and outcomes research in health care systems.
  2. Identify how outcomes are measured and explain the components of the Economic, Clinical, Humanistic, Outcomes (ECHO) model.
  3. Determine and differentiate the various costs associated with an economic analysis, such as direct, indirect, and intangible costs.
  4. Describe the various types of pharmacoeconomic analysis: cost of illness, cost minimization, cost effectiveness, cost benefit, and cost utility analysis.
  5. Discuss the relative merits and limitations of the various types of pharmacoeconomic analysis, such as cost of illness, cost minimization, cost effectiveness, cost benefit, and cost utility analysis.
  6. Conduct a simple pharmacoeconomic analysis: cost minimization, cost effectiveness, cost benefit, and cost utility analysis.
  7. Describe a decision analysis tree and conduct a decision analysis for a pharmacoeconomic study.
  8. Explain types of sensitivity analysis and its application to pharmacoeconomics.
  9. Describe how humanistic outcomes can be measured, including patient satisfaction and health-related quality of life measures.
  10. Describe the concept of disease state management and explain the difference between disease management and component style management.
  11. Conduct pharmacoeconomic literature search and identify limitations of pharmacoeconomic studies.
  12. Explain the role of pharmacoepidemiology in outcomes research.
  13. Discuss the role of pharmaceutical marketing and describe the components of a marketing mix: Product, Place, Price and Promotion.
  14. Evaluate the components of the marketing mix with respect to its application in the stages of product life cycle.
  15. Identify how layout design and merchandising principles affect sales and profits in community pharmacies.
  16. Identify the components of pharmacy promotions and explain their interrelationships.
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