The OSHAA 30-Hours Diploma in Health Economics and Health Technology offers a focused and accessible introduction to the financial, policy, and technological aspects of healthcare systems. This professionally developed course is designed to help participants understand how health services are funded, evaluated, and optimised using economic and technological tools.
Health economics plays a crucial role in ensuring resources are used efficiently within the health and social care sector. With the growing importance of health technology in decision-making and service delivery, this diploma provides participants with the foundation to understand and assess the economic impact of innovations and interventions in healthcare.
This course is ideal for those working in or aspiring to roles in health administration, care management, public health, and health policy. It is also suitable for participants seeking to understand how economic and technological tools are used to shape modern healthcare environments.
Whether contributing to healthcare strategy, managing services, or exploring further education in health-related disciplines, participants will benefit from a clear and practical grounding in this important subject area.
The OSHAA Diploma in Health Economics and Health Technology provides essential knowledge for anyone looking to understand the economic and technological dynamics of healthcare. As health systems evolve and face increasing financial and technological challenges, this qualification ensures participants are well-prepared to engage with the decisions that shape the future of care delivery.
OSHAA 30-Hours Diploma in Health Economics and Health Technology
Study Units
Learning Outcomes
Introduction to Health Economics: Core Concepts and Applications (3 hours)
- Understand key principles of health economics including demand, supply, and opportunity cost
- Recognise how economic thinking applies to healthcare systems and service delivery
- Identify the role of economics in shaping public health and policy decisions
- Explore real-world examples of economic issues in healthcare
Economic Evaluation in Healthcare: Cost-Effectiveness and Beyond (4 hours)
- Understand the purpose and types of economic evaluation in healthcare
- Differentiate between cost-effectiveness, cost-utility, and cost-benefit analysis
- Interpret basic economic evaluation data and outcomes
- Recognise how evaluations inform policy and clinical decision-making
Healthcare Financing and Resource Allocation (3 hours)
- Identify common models of healthcare financing and their advantages and challenges
- Understand how resources are allocated within health systems
- Explore issues of equity, efficiency, and prioritisation in funding decisions
- Assess the economic impact of various healthcare funding mechanisms
Principles of Health Technology Assessment (HTA) (6 hours)
- Understand the framework and purpose of health technology assessment
- Identify key steps in evaluating new technologies for safety, effectiveness, and value
- Analyse the impact of HTA on clinical practice and health policy
- Explore methods used to assess medical devices, pharmaceuticals, and digital tools
Decision-Making in Health Policy and Economic Modelling (5 hours)
- Understand the role of economic modelling in supporting health policy decisions
- Explore decision trees, Markov models, and other common techniques
- Interpret data inputs and outcomes within basic economic models
- Recognise the limitations and ethical implications of modelling in policy
Digital Health and Innovation in Service Delivery (4 hours)
- Identify current trends in digital health, including telemedicine and AI tools
- Understand the economic implications of adopting digital health technologies
- Explore the benefits and challenges of innovation in care delivery
- Recognise the role of technology in improving access, efficiency, and patient outcomes
Data, Evidence, and Outcomes Measurement in Healthcare (3 hours)
- Understand the types of data used in health economics and technology assessment
- Identify key performance indicators and health outcomes
- Evaluate the quality and reliability of evidence in economic analysis
- Apply basic concepts of data interpretation to healthcare decision-making
Ethical and Legal Considerations in Health Technology and Economics (2 hours)
- Recognise ethical principles involved in resource allocation and technology use
- Understand legal frameworks relevant to health economics and digital tools
- Explore the balance between innovation, cost, access, and patient rights
- Reflect on ethical challenges in economic decision-making and health policy
Course Benefits: OSHAA 30-Hours Diploma in Health Economics and Health Technology
- Develops a solid understanding of economic principles relevant to healthcare systems
- Equips participants with practical tools for evaluating health services, technologies, and interventions
- Enhances decision-making capabilities in healthcare funding, planning, and policy formulation
- Provides insight into digital health innovations and their impact on service delivery and cost-efficiency
- Strengthens critical thinking through the interpretation of economic models and outcome data
- Offers a well-rounded perspective on ethical and legal considerations in health economics
- Prepares participants to contribute effectively to multidisciplinary teams in health and care environments
- Supports progression into roles involving healthcare management, public health, or health technology assessment
- Increases awareness of global health challenges and future trends in health economics and innovation
- Adds professional value with up-to-date knowledge aligned to UK and international healthcare standards
The OSHAA 30-Hours Diploma in Health Economics and Health Technology is designed for individuals seeking to understand the financial and technological dimensions of modern healthcare. It is particularly suited to:
- Participants working in healthcare management, public health, or health policy
- Those involved in service planning, clinical governance, or commissioning of care services
- Professionals aiming to enhance their understanding of cost-effectiveness and resource allocation
- Individuals exploring the impact of digital health tools and emerging technologies in care delivery
- Participants considering further study in health economics, health technology assessment, or health systems management
This course is ideal for anyone wishing to build a practical and informed perspective on how economics and innovation shape healthcare outcomes and decision-making.