Health and Care Economics Cymru is a partnership between the Centre for Health Economics and Medicines Evaluation (CHEME) at ºÚÁϲ»´òìÈ and the Swansea Centre of Health Economics (SCHE) at Swansea University.
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Health and Care Economics Cymru (HCEC) is supported by Health and Care Research Wales funding, which is funded by Welsh Government.
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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.
See our explainer video:
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 as described in our infographic:
 
  
Image description: This is a spider graph detailing the methods we use. The categories form a concentric ring in blue, and they are: Social Value, Reviewing, Economic Evaluation, Participant-Centred and Prioritisation. The methods are displayed in red circles attached to each category. For Social Value they are social return on investment and return on investment. The methods for Reviewing are realist synthesis, systematic reviews and rapid reviews. Our economic evaluation methods are cost-effectiveness analysis, cost-consequence analysis, cost benefit analysis, Markov Modelling and cost-utility analysis. Participant-centred methods are realist evaluation and discrete choice experiments. Prioritisation methods are multi-criterial decision analysis and programme budgeting and marginal analysis.
- 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.
In draft
HCEC co-directors
| Professor Rhiannon Tudor Edwards r.t.edwards@bangor.ac.uk   Centre for Health Economics and Medicines Evaluation (CHEME) at ºÚÁϲ»´òìÈ. | Professor Deb Fitzsimmons d.fitzsimmons@swansea.ac.uk   (SCHE) at Swansea University. | 
See our 2020-25 End of Award Report to read about our key achievements across our previous five-year awarding period.
 
  To keep up to date with HCEC follow us on social media:
@health-and-care-economics-cymru
@economicscymru
 
   
	