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Cost-effectiveness analysis and incremental cost-effectiveness ratios

European Journal of Gastroenterology & Hepatology, 2004
Cost-effectiveness analysis is a formal method of comparing alternative medical interventions with regard to their resource utilization (costs) and outcomes (effectiveness). The incremental cost-effectiveness ratio is an informative measure generated from such an analysis and represents the ratio of the difference in cost between two medical ...
Kiran, Bambha, W Ray, Kim
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Cost Effectiveness Analysis

Medical Care, 1979
Cost benefit analyses in the health sector frequently deal with situations in which the money value of the benefits is either difficult or impossible to measure. This paper asserts that the use of cost effectiveness analysis as a means of escaping the need to place a dollar value on benefits does not escape the need for appropriately discounting these ...
C A, Watts, M, Jackson, J P, LoGerfo
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Cost-effectiveness analysis of telemedicine

Journal of Telemedicine and Telecare, 1998
There are a number of different costs associated with the development and operation of telemedicine services. A model is proposed in order to assist in strengthening the evidence base for telemedicine. It includes the following components: project establishment costs; equipment costs; maintenance costs; communication costs; staffing costs. All need to
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What is cost‐effectiveness analysis?

Medical Journal of Australia, 1990
The treatment of mild-to-moderate hypertension is used to illustrate the role of cost-effectiveness analysis in assessing the economic efficiency of pharmacological interventions. The reasons why it is important to consider economic efficiency are discussed, after which the major issues involved in conducting a cost-effectiveness analysis are outlined.
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AXIOMATIC FOUNDATIONS FOR COST‐EFFECTIVENESS ANALYSIS [PDF]

open access: possibleHealth Economics, 2013
ABSTRACTWe show that individual utilities can be measured in units of healthy life years. Social preferences over these life metric utilities are assumed to satisfy the Pareto principle, anonymity, and invariance to a change in origin. These axioms generate a utilitarian social welfare function implying the use of cost‐effectiveness analysis in ...
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Longevity bias in cost‐effectiveness analysis

Health Economics, 2006
AbstractWe use a simple lifetime utility maximization model to study the problem of medical resource allocation. This model leads to a welfare specification with a QALY (quality‐adjusted life‐year) component that captures an individual's preferences over both life expectancy and health status.
Liqun, Liu   +2 more
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Cost-effectiveness analysis in anaesthesia

Current Opinion in Anaesthesiology, 1999
In order to preserve the quality of anaesthetic care under cost containment programmes, the concept of value-based anaesthesia was introduced. To achieve this goal, namely, the provision of the best possible care attainable at a reasonable cost, studies are necessary that compare anaesthetic techniques in terms of both quality and costs, e.g.
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Cost-Effectiveness Analysis

Medical Care, 2005
This article proposes ways to improve the credibility and use of cost-effectiveness analysis (CEA) in healthcare decision-making. We argue that the major issue is not the credibility of CEA as a methodology; although there are methodologic challenges, they can be addressed. Two issues, however, will require effort on the part of stakeholders to achieve
Marc L, Berger, Steven, Teutsch
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The Road to Cost-Effectiveness Analysis

The Milbank Memorial Fund Quarterly. Health and Society, 1982
the application of cost-benefit analysis to health care can be found in the work of Selma Mushkin (1958), work which is both in the mainstream of economics and in the vanguard of health economics. In cost-benefit analysis the mainstream has meant a preoccupation with the measurement (valuation) of economic benefits. As seen by economists, the essential
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A Primer on Cost-Effectiveness Analysis

Clinics in Podiatric Medicine and Surgery
A cost-effectiveness analysis (CEA) is a type of health economics model that uses a systematic approach to simplify the complexities that exist in health-care decision-making. A CEA aids in medical decision-making by considering both the costs of a treatment and how effective that treatment is for at least 2 competing strategies.
Rachel H, Albright, Adam E, Fleischer
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