Health and Care Economics Cymru

As a centre of excellence in health economics, we have a track record of supporting high quality health and care research in Wales and beyond.

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When health and care resources are limited, we need to find out which treatments, interventions and services offer the best value for money. Our Health and Care Economics Cymru team explores the costs and benefits of the different uses of these resources. We provide the best evidence possible and help decision-makers to make tough choices about how to allocate limited health and social care provision. We work towards creating a positive impact on the health, well-being and prosperity of the people in Wales and beyond, now and in the future.

With emphasis on collaboration and partnership we provide expertise in:

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• Trial-based economic evaluations such as cost-effectiveness, cost-utility , and cost-consequence analyses.
• Mathematical modelling.
• Priority setting methods including Programme Budgeting & Marginal Analysis (PBMA).
• Budget impact analysis (BIA).
• Social Return on Investment analysis (SROI).Implementation analysis.
• Complex intervention analysis.
• Costing of interventions, National Health Service (NHS) and societal resources.
• Patient Reported Outcome Measures (PROMs).
• Systematic and realist reviews.
• Preference elicitation studies, such as discrete choice experiments.
• Use and analysis of routine data.
• Equity considerations in the allocation of health and care resources.
• Patient and public involvement and engagement.
• Publishing and disseminating outcomes to other researchers, funders such as government and charities, and to patient groups.

• Other Health and Care Research Wales groups such as the Centre for Vision Services Research and National Centre for Mental Health, clinical trials units and other researchers across Wales, the UK, and internationally supporting clinical trials or real-world studies that, in addition to clinical benefit, also need to demonstrate whether  new interventions or treatments are cost-effective.
• Health and care organisations such as NHS Trusts and Health Boards, local authorities and other care providers undertaking real-world evaluations using routine data to investigate whether existing local services or interventions provide good value for money.
• Local authorities and charities exploring the social value of investment in new services and interventions.

Building capacity and capability is a key role of Health and Care Economics Cymru. We co-ordinate the Welsh Health Economists’ Group (WHEG), connecting a community of health economics expertise across Wales. Our annual meetings provide a valuable opportunity for Health and Care Economics Cymru-funded PhD students and researchers to collaborate with public sector health economists, and colleagues across health and social care organisations to discuss current activities and plans with regard to research, teaching and policy support, increasing awareness of health economics and fostering access to a community of expertise.

 To find out more about WHEG and our annual meetings, please contact Ann Lawton, Health and Care Economics Cymru Administrator, a.b.lawton@bangor.ac.uk 

In response to the Wellbeing of Future Generations Act and demands from third sector and local government to help them demonstrate social value, we  established the Social Value Hub. As an organisational member of Social Value UK, the Social Value Hub provides organisations with a framework for measuring change in ways that are relevant to their stakeholders. 

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HCEC co-directors

Professor Rhiannon Tudor Edwards r.t.edwards@bangor.ac.uk  Centre for Health Economics and Medicines Evaluation (CHEME) at ¶º±ÆÖ±²¥.

Professor Deb Fitzsimmons d.fitzsimmons@swansea.ac.uk  (SCHE) at Swansea University.