In this ‘Patti’s People’ episode, Patti Peeples of the The Peeples Collaborative speaks with Michael Drummond, Professor Emeritus and former Director, Centre for Health Economics, University of York, where they discuss topics including the evolving role of health economists in policy, the ongoing debate about “Value” in healthcare, and budget constraints and opportunity cost in health systems.
Questions:
00:00: Introduction
01:23: Health economists now sit closer to power than ever. Is their role still primarily to inform policy, or has the field crossed into shaping it – and where should that line be drawn?
03:46: How can economists best help policymakers understand alternative options and opportunity costs without drifting into advocacy?
06:19: Have we reached a genuine stand-off in the healthcare value debate, or have underlying philosophical differences simply become impossible to smooth over?
15:58: Why do health systems and even health economists struggle to confront the reality of scarcity, and what real-world examples illustrate this?
21:22: Is HEOR being asked to stretch beyond its traditional focus on efficiency and equity into broader industrial strategy, and are we equipped to do that well?
Michael Drummond
Professor Emeritus and former Director, Centre for Health Economics, University of York
Michael Drummond is Professor Emeritus and former Director of the Centre for Health Economics at the University of York in the UK. His main field of interest is in the methodology and practise of economic evaluation in health care. He is the author of two major textbooks and more than 750 scientific papers. He has advised several governments on the assessment of health technologies and acted as a consultant to many life sciences companies. In October 2010 he was made a member of the National Academy of Medicine in the USA. He served for 14 years as Co-Editor-in-Chief of Value in Health and was made Editor Emeritus in May 2024.
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