Introduction

Cost-Effectiveness Analysis (CEA) has become a critical decision-support tool in modern health economics, public policy, program evaluation, and strategic investment planning. It enables organizations to systematically compare alternative interventions by assessing both their costs and outcomes, ensuring optimal allocation of limited resources. In an era driven by data-driven decision-making, value-based funding, and performance optimization, CEA empowers stakeholders to identify solutions that deliver the highest impact per unit cost.

Cost-Effectiveness Analysis Training Course provides a comprehensive foundation in advanced cost-effectiveness modeling, economic evaluation frameworks, and real-world application techniques. Participants will gain hands-on expertise in applying incremental cost-effectiveness ratios (ICER), decision trees, Markov models, and sensitivity analysis tools. Designed for professionals across healthcare, government, NGOs, and corporate sectors, the program emphasizes practical implementation, global best practices, and evidence-based policy design.

Programme Curriculum

Cost-Effectiveness Analysis Training Course

Introduction

Course Duration

5 days

Course Objectives

Understand core principles of health economics and cost-effectiveness evaluation
Apply Incremental Cost-Effectiveness Ratio (ICER) in decision-making
Build and interpret decision tree models for economic analysis
Develop Markov models for long-term outcome evaluation
Conduct sensitivity and uncertainty analysis techniques
Evaluate budget impact analysis for policy planning
Integrate QALYs (Quality-Adjusted Life Years) and DALYs metrics
Apply real-world evidence (RWE) in cost-effectiveness studies
Compare alternative interventions using value-for-money frameworks
Use software tools for health economic modeling and simulation
Interpret cost-utility and cost-benefit analysis results
Design evidence-based resource allocation strategies
Enhance data-driven policy formulation and optimization

Target Audience

Healthcare policy makers and analysts
Public health professionals
Pharmaceutical industry researchers
NGO program managers
Government planning officials
Health economists and statisticians
Data analysts in healthcare systems
Academic researchers and postgraduate students

Course Modules

Module 1: Foundations of Cost-Effectiveness Analysis

Introduction to economic evaluation frameworks
Types of cost analysis (CEA, CUA, CBA)
Understanding opportunity cost in decision-making
Role of CEA in healthcare systems
Case Study: Comparing vaccination programs in low-income countries

Module 2: Cost Measurement and Data Collection

Direct, indirect, and intangible cost classification
Data sourcing techniques in healthcare economics
Cost identification and valuation methods
Inflation and currency adjustment models
Case Study: Hospital treatment cost tracking system

Module 3: Outcome Measurement and Health Metrics

QALY and DALY concepts explained
Patient-reported outcome measures (PROMs)
Utility measurement techniques
Standardization of outcome indicators
Case Study: Cancer treatment outcome evaluation

Module 4: Decision Tree Modeling Techniques

Structure of decision tree analysis
Probability assignment methods
Expected value calculations
Clinical pathway modeling
Case Study: Antibiotic treatment strategy selection

Module 5: Markov Modeling in Healthcare Economics

Health state transition modeling
Cycle length and time horizon selection
Absorbing and recurring states
Discounting future costs and benefits
Case Study: Chronic disease progression modeling (Diabetes)

Module 6: Sensitivity & Uncertainty Analysis

Deterministic vs probabilistic sensitivity analysis
Monte Carlo simulation techniques
Scenario and threshold analysis
Risk and variability assessment
Case Study: Vaccine cost uncertainty modeling

Module 7: Budget Impact & Policy Evaluation

Budget impact analysis framework
Healthcare affordability assessment
Policy simulation techniques
Cost containment strategies
Case Study: National drug reimbursement policy

Module 8: Advanced Applications & Real-World Evidence

Integration of real-world data in CEA
AI and machine learning in health economics
Global health financing models
Evidence-based decision dashboards
Case Study: Digital health intervention evaluation

Training Methodology

This course employs a participatory and hands-on approach to ensure practical learning, including:

Interactive lectures and presentations.
Group discussions and brainstorming sessions.
Hands-on exercises using real-world datasets.
Role-playing and scenario-based simulations.
Analysis of case studies to bridge theory and practice.
Peer-to-peer learning and networking.
Expert-led Q&A sessions.
Continuous feedback and personalized guidance.

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Skills & Software Covered

Economic evaluation Health outcomes analysis Resource allocation Decision modeling

Programme Fee

Duration: 5 Days

Method: Online or Physical

Online Price: $1,000

Physical Price: $1,500

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 23 Oct 2026

💻 Online / Virtual session

Online $1,000