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Incremental cost-effectiveness ratios (ICERs): The silence of the lambda
Social Science & Medicine, 2006Despite the central role of the threshold incremental cost-effectiveness ratio (ICER), or lambda (lambda), in the methods and application of cost-effective analysis (CEA), little attention has been given to the determining the value of lambda. In this paper we consider 'what explains the silence of the lambda'?
Amiram Gafni
exaly +8 more sources
Favorable incremental cost-effectiveness ratio for lung cancer screening in Italy.
Lung Cancer, 2020OBJECTIVES Lung cancer detection by low-dose computed tomographic screening reduces mortality. However, it is essential to assess cost-effectiveness. We present a cost-effectiveness analysis of screening in Italians at high risk of lung cancer, from the ...
G. Veronesi +9 more
semanticscholar +5 more sources
Problems with Interval Estimates of the Incremental Cost—Effectiveness Ratio
Medical Decision Making, 1999The defining feature of a confidence interval is that it has a fixed minimum probability of covering the true value of the parameter being estimated, whatever the value of the parameter. The authors demonstrate by simulation that some recently proposed meth ods for interval estimation of the incremental cost—effectiveness ratio (ICER) either do not ...
D. Heitjan +2 more
semanticscholar +3 more sources
Estimating the Reference Incremental Cost-Effectiveness Ratio for the Australian Health System
PharmacoEconomics, 2018Spending on new healthcare technologies increases net population health when the benefits of a new technology are greater than their opportunity costs-the benefits of the best alternative use of the additional resources required to fund a new technology.The objective of this study was to estimate the expected incremental cost per quality-adjusted life ...
L. Edney +3 more
semanticscholar +4 more sources
Cost-effectiveness analysis and incremental cost-effectiveness ratios: uses and pitfalls.
European Journal of Gastroenterology & Hepatology, 2004Cost-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 ...
K. Bambha, W. Kim
semanticscholar +3 more sources
A Study on Confidence Intervals for Incremental Cost‐Effectiveness Ratios
Biometrical Journal, 2008AbstractIn health policy and economics studies, the incremental cost‐effectiveness ratio (ICER) has long been used to compare the economic consequences relative to the health benefits of therapies. Due to the skewed distributions of the costs and ICERs, much research has been done on how to obtain confidence intervals of ICERs, using either parametric ...
Hong-Kun Wang, Hong-Wei Zhao
semanticscholar +3 more sources
Incremental and Average Cost-Effectiveness Ratios: Will Physicians Make a Distinction?
Risk Analysis, 2003Physicians are increasingly asked to use cost‐effectiveness information when evaluating alternative health care interventions. Little is known about how the way such information is presented can influence medical decision making. We presented physicians with hypothetical screening scenarios with multiple options, varying the type of cost‐effectiveness ...
Jonathan Baron, Christopher Jepson
exaly +3 more sources
Heart, 2017
The article by Wouters and colleagues1 presents an exhaustive overview on how quality-adjusted life years (QALYs) can be used in cost-effectiveness analysis. In this framework, the authors also mention the incremental cost-effectiveness ratio (ICER), which is the parameter typically used to express the results of a cost-effectiveness study. The article,
A. Messori, S. Trippoli
semanticscholar +3 more sources
The article by Wouters and colleagues1 presents an exhaustive overview on how quality-adjusted life years (QALYs) can be used in cost-effectiveness analysis. In this framework, the authors also mention the incremental cost-effectiveness ratio (ICER), which is the parameter typically used to express the results of a cost-effectiveness study. The article,
A. Messori, S. Trippoli
semanticscholar +3 more sources