Cost-benefit analysis-a cost-benefit analysis is the best pharmacoeconomic evaluation method to compare two or more programs when it is best to translate benefits into a dollar value. for example, if quantifying the value of a new pharmacy service, such as a therapeutic drug monitoring service, the cost of implementing and managing the program (the pharmacists salary, laboratory tests), and the benefit of the program (decreased drug costs, decreased patient lengths of stay), can both be translated into dollar values.