medication value analysis

Medication value analysis is the process of carefully evaluating drugs to ensure they provide the best health benefits relative to their cost. It involves comparing different medications for effectiveness, safety, and price to make informed decisions about which ones offer the best value for patients and healthcare systems. The goal is to select treatments that are both clinically effective and cost-effective, optimizing health outcomes while managing expenses. This systematic approach helps hospitals, clinics, and providers ensure that patients receive quality medications without unnecessary costs, balancing safety, efficacy, and affordability.