• The University of Sheffield

Measuring and Valuing Health

Learn how Patient Reported Outcome Measures and Quality Adjusted Life Years can compare treatments and inform healthcare spending.

25,880 enrolled on this course

Medical charts and equipment
  • Duration

    3 weeks
  • Weekly study

    3 hours

Learn and debate with specialists in health economics

Healthcare systems around the world are increasingly under pressure to fund drugs, treatments and other healthcare interventions. How do we decide which ones to fund?

One factor which can help inform these decisions is to compare the costs and benefits of treatments. Costs are fairly straightforward to calculate, but what about benefits? How do we know which treatments help patients most? And how do we measure and value these benefits?

On this course, you’ll learn how health outcomes can be measured and valued to make more informed decisions about where to spend our limited healthcare budgets.

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Skip to 0 minutes and 14 seconds The world has limited resources. It has unmet needs and healthcare is no different.

Skip to 0 minutes and 22 seconds There are millions of people around the world who require healthcare, and there are many different treatments and interventions available, but there is only a limited amount of money.

Skip to 0 minutes and 32 seconds So what do we do? We have to make choices. We cannot fund all of them. I’m Dr Katherine Stevens, a senior research fellow in the Health Economics and Decision Science section at The University of Sheffield. On this course, we will take you on a journey to understand how we can measure and value health. By doing this, we can compare the benefits of drugs and treatments in healthcare to help us make these difficult choices.

Skip to 0 minutes and 57 seconds We will look at Patient Reported Outcome Measures, or PROMs, how to develop them and how they can be used in practice. We will learn about Quality Adjusted Life Years, or QALYs, which are used around the world by decision makers to compare the benefits of different treatment options. We look in detail at how they’re calculated, and how decision makers use the information.

Skip to 1 minute and 18 seconds How can we compare the costs and benefits of treatments? How do we know which treatments give benefit? How do we measure this benefit? And importantly, how do we value this benefit?

Skip to 1 minute and 29 seconds We will invite you to join us in debating some of the key issues. For example, should it be patients or the general population who value our health, or someone else? And should we value children’s health differently? We live in a world where new drugs and treatments are being rapidly developed, the population is increasing with people living for longer, and demand is soaring. And so these choices are increasingly necessary.

Skip to 1 minute and 54 seconds Through this course, we help you understand why and how we need to measure and value health outcomes in order to make more informed decisions about how to spend our precious limited resources.

Skip to 2 minutes and 7 seconds Maybe you already use QALYs in your work. Maybe you are affected by the decisions that are made based on these. Or maybe you would like to simply understand more about them. The knowledge that you gain from this course may inspire you to think about a career in healthcare, local decision making, academia, or it may simply give you the knowledge to understand how and why choices about drugs and treatments have been made. Or you may wish to study further with us, as this is only part of the story. So join us and find out how decision makers around the world are measuring and valuing your health.

What topics will you cover?

The course combines video, articles, exercises, discussion, and multiple choice quizzes and tests. The topics learners cover in this course include:

  • The challenges of defining and measuring ‘health’.
  • How patient-reported outcome measures (PROMs) are developed and implemented.
  • An introduction to the process of decision-making in healthcare, namely, economic evaluation, and the limitations of PROMs in measuring benefit.
  • What quality-adjusted life years (QALYs) are and how they are generated including describing health states and how they can be valued through methods such as Time Trade Off.
  • Utility measures and how they are used in calculating QALYs.
  • Where QALYs are used in decision-making around the world.

When would you like to start?

Start straight away and join a global classroom of learners. If the course hasn’t started yet you’ll see the future date listed below.

  • Available now

Learning on this course

On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Discuss what health means and how to measure its impact on quality of life.
  • Evaluate how to develop and use patient reported outcome measures including their limitations in decision-making.
  • Calculate QALYs in simple examples to arrive at values which can be used to compare treatment benefits.
  • Perform a time trade off to develop an understanding of how this method can be used to value health states and generate preference weights.
  • Debate who should value our health. Should it be patients, health professionals or the general public and should this be different for children’s health?
  • Compare where QALYs are used in healthcare decision-making worldwide and discuss the merits of this method compared to those used where you live.

Who is the course for?

This course will help you understand how and why choices about drugs and treatments have been made. It may inspire you to think about a career in healthcare, local decision-making or academia.

Continuing Professional Development

If you are currently working in healthcare, pharmaceuticals or medical research then this course could be a valuable addition to your continuing professional development and will help you to better understand decision making in your field of practice.

You can prove your CPD by upgrading the course and earn a certificate that details the hours you spent learning, what the course covered and the course start date.

Take your understanding further: Learn about Health Technology Assessment

Health outcomes are just one of the ways that funders make decisions about treatments. Once you have completed this course, take your knowledge of healthcare decision-making further with the next course Health Technology Assessment: Choosing Which Treatments Get Funded.

The course investigates how Health Technology Assessment can aid decision making, by finding and bringing together a wide variety of evidence about both the effects of treatments and what they cost. You’ll discover how HTA uses sophisticated research methods and techniques to bring this evidence together in a format that can be used in a variety of health systems around the world. Sign up here.

Study with the University of Sheffield

You may even wish to take your learning further, with the University of Sheffield’s Masters degrees and short courses in areas such as health economics, public health and international healthcare technology assessment.

What do people say about this course?

"Thank you for a very well structured and presented course. The interactive elements (trying out the measures and voting) helped me think and engage more. This is a great introduction to a complex subject and has motivated me to find out more."

Covers a complex and vital subject succinctly in just three weeks.

"A really good course, covering a complex and vital subject succinctly in just 3 weeks. The wide range of methods, materials and comments from participants was a most unexpected and valuable benefit."

Who will you learn with?

I am a Health Economist at ScHARR in the University of Sheffield. My research interests are in measuring and valuing health related quality of life and well-being.

I am a Health Economist working in ScHARR at The University of Sheffield. My research interest is measuring and valuing children's health related quality of life.

Who developed the course?

The University of Sheffield

The University of Sheffield is one of the world’s top 100 universities with a reputation for teaching and research excellence.

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