Abstract

The cost of drug-related problems (DRPs), medication errors, counterfeit and substandard medications, and medication abuse and misuse is high worldwide and affects the health expenditure. Pharmacoeconomics play an important role in the medication safety practice, it can be used to estimate the cost of adverse drug reactions, DRPs, medication errors, and the impact of medication safety practice in reducing the health expenditure. This chapter aims to discuss the medication safety pharmacoeconomic-related issues and budget requirements and types for establishing a strong medications safety system. Study of the direct and indirect cost of medications safety issues is very important and highly recommended. Study of the economic impact of medication safety systems and practices on reducing the health expenditure is very important and highly recommended. Study of the impact of medications safety interventions on reducing the health expenditure is very important and highly recommended.

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