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Cost-Utility Analysis and Quality Adjusted Life Years
Journal Of Pain & Palliative Care Pharmacotherapy, 2005Cost utility analysis is a form of cost-effectiveness analysis in which outcomes are adjusted for quality and quantity of life. This type of analysis is used widely in Europe and is being used increasingly in the United States. This article provides an overview of cost utility analysis and quality adjusted life years, a commonly used effectiveness ...
Vijay N, Joish, Gary M, Oderda
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Methods for quality adjustment of life years
Social Science & Medicine, 1992Several valuation techniques are in use for quality adjusting life years in cost utility analysis. The paper gives an overview of the variability in results. A close inspection of a number of instruments with respect to their theme, instructions, decision framing and the phrasing of questions make many of the observed differences in results ...
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quality-adjusted life-years (QALY)
2009syn. healthy-year equivalent (HYE); QALYs are calculated by multiplying the time spent in each health state by the value assigned to the particular health state; to calculate QALYs, numerical judgments of the desirability of various outcomes must be determined; these values are called “utilities” (with values between 0-death and 1-perfect health; very ...
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