What does SHEC mean in HEALTHCARE
SHEC stands for the Surrey Health Economics Centre, a well-respected and long-established research centre based in the UK. The SHEC focuses on researching, developing, and promoting evidence-based economic evaluations for use in healthcare decision-making. The Centre has been instrumental in refining and optimising healthcare provision within the UK and across many other countries over its 30+ year history.
SHEC meaning in Healthcare in Medical
SHEC mostly used in an acronym Healthcare in Category Medical that means Surrey Health Economics Centre
Shorthand: SHEC,
Full Form: Surrey Health Economics Centre
For more information of "Surrey Health Economics Centre", see the section below.
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Meaning in MEDICAL
The SHEC is primarily concerned with medical economics, which involves using economic evaluation methods to investigate cost-effectiveness of medical treatment interventions. They focus on producing evidence that can inform decisions about how best to use limited healthcare resources so as to maximise health outcomes and benefits for patients. As such, they typically assess both financial costs and clinical effectiveness when considering different healthcare treatments or interventions, thereby helping healthcare professionals make informed decisions about their practice; something especially vital given the challenging funding environment faced by many parts of the public health sector.
Full Form
The full form of SHEC is the Surrey Health Economics Centre, an independent research centre established in 1987 at the University of Surrey with support from NHS Trusts across England. It is today recognised as one of the leading global authorities on health economics and has written (and coauthored) over 400 publications since its inception. The Centre engages in funded research, teaching activities, training opportunities, consultancy projects and other related activities aimed at improving our understanding of how best to allocate scarce healthcare resources whilst still providing high quality care for patients.
Essential Questions and Answers on Surrey Health Economics Centre in "MEDICAL»HEALTHCARE"
What is Surrey Health Economics Centre?
Surrey Health Economics Centre (SHEC) specialises in research and consulting on the use of economic analysis to improve effectiveness, efficiency and equity of health care delivery. We provide evidence and practical recommendations for decision-makers in government and industry.
How can SHEC help with decisions related to healthcare delivery?
SHEC provides evidence-based research that helps to inform decisions related to healthcare delivery. Our research helps evaluate the cost-effectiveness, value and effectiveness of different interventions or programmes, as well as how they are distributed across population groups. This helps decision-makers ensure resources are being allocated in an equitable way.
What is the scope of SHEC’s work?
SHEC focusses on providing expertise in all areas of health economics including economic evaluation, cost benefit analysis, demand forecasting, health technology assessment and modelling/simulation techniques. We also undertake policy impact assessments which help inform decision makers on how proposed changes may affect key stakeholders or service users.
What methodologies does SHEC use?
We employ a range of methodologies tailored to each project including primary research (e.g., surveys), secondary data analysis (e.g., system modelling) and synthesis methods such as systematic reviews and meta-analyses. For economic evaluations we utilise a range of techniques including cost consequences analysis, decision analytical modelling, cost utility analysis and cost effectiveness analysis.
How does SHEC select project topics?
Projects undertaken by SHEC cover a range of topics relevant to health economics research embracing both private sector and public sector objectives examined from an evidence-based perspective.. We consider projects based on their relevance to current policy initiatives at national or regional level as well as those that explore innovative solutions or fill gaps in existing knowledge bases.
Does SHEC accept commission contracts?
Yes! At Surrey Health Economics Centre we welcome opportunities to collaborate with organisations seeking consultancy support for economic evaluations or other specialised services relating to health economics research topics. Please get in touch if you would like more information about our services or wish to discuss potential projects.
Is the work of SHEC supported by any professional affiliations?
Yes! Members of staff at Surrey Health Economics Centre are affiliated with several professional organisations including the International Society for Pharmacoeconomics & Outcomes Research (ISPOR), The Health Economists Study Group (HESG) and the European Network for Health Technology Assessment (EUnetHTA).
Final Words:
The SHEC has been making invaluable contributions to evidence-based medical decision making for over 30 years through their research into health economics – i.e. analysing financial costs alongside clinical effectiveness when assessing different treatment options or interventions so that we can achieve optimal value for money in healthcare spending without compromising patient care standards. Now more than ever it is crucial that we optimise our limited resources when it comes to improving patient health outcomes – something that SHEC’s work helps us do with precision and accuracy.
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