𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The Interpretation of results of economic evaluation: explicating the value of health

✍ Scribed by Andre Ament; Rob Baltussen

Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
168 KB
Volume
6
Category
Article
ISSN
1057-9230

No coin nor oath required. For personal study only.

✦ Synopsis

Theoretically it can be proven that an optimal allocation of resources within a constrained budget can be reached by considering cost-effectiveness ratios (CERs). In this paper, the complex priority setting process regarding compatible and incompatible alternatives of medical interventions is clarified. Priority setting in the context of compatible alternatives may refer to the selection of more than one, possibly all, alternatives. Inherent to a set of incompatible alternatives is that only one alternative can be selected. This latter situation frequently occurs in health care. The value that society attaches to a unit of effectiveness (e.g. a QALY) has an important impact on the priority ranking of medical interventions. By explicating this value and by using the 'net-value' approach, a graphical framework is presented that allows decision-makers a better understanding on the impact of particular levels of these values on their optimal policy choices. For illustrative purposes, it is shown that by the erroneous application of decision rules, some recent papers have provided sub-optimal recommendations for health care policy.

πŸ“œ SIMILAR VOLUMES

On the Interpretation of Β°Brix Value for
On the Interpretation of Β°Brix Value for the Juice of Acid Citrus
✍ Widodo, Soesiladi E; Shiraishi, Mikio; Shiraishi, Shinichi πŸ“‚ Article πŸ“… 1996 πŸ› John Wiley and Sons 🌐 English βš– 355 KB

Brix, which has been commonly used for expressing the juice quality of the so-called table citrus, has been frequently used also for expressing the juice quality of acid citrus despite no definitive information being available on how good "Brix is for this purpose. Therefore a study to elucidate cor

Health care economics of cancer in the e
Health care economics of cancer in the elderly
✍ Joseph S. Bailes πŸ“‚ Article πŸ“… 1997 πŸ› John Wiley and Sons 🌐 English βš– 84 KB πŸ‘ 2 views

Changing economic circumstances have brought increased pressure to bear on the traditional revenue sources of oncologists. Practice standards and settings are being challenged to generate cost savings both for third-party payers and for oncology practices. Add to this the growing number of patients

The value of aspiration cytology in the
The value of aspiration cytology in the evaluation of dysplastic breasts
✍ Thomas G. Frazier; Charlotte W. Rowland; Joseph T. Murphy; Claire T. Woolery; Sa πŸ“‚ Article πŸ“… 1980 πŸ› John Wiley and Sons 🌐 English βš– 178 KB πŸ‘ 1 views

Sixteen consecutive patients who had carcinoma of the breast and who had preoperative xeromammography were evaluated and classified according to Wolfe's classification. Five of the patients had correct preoperative evaluation by mammography, and 11 had false negatives. Eight of these were in patient

The appropriate uses of qualitative meth
The appropriate uses of qualitative methods in health economics
✍ Joanna Coast πŸ“‚ Article πŸ“… 1999 πŸ› John Wiley and Sons 🌐 English βš– 69 KB πŸ‘ 1 views

Ontology, epistemology and methodology are not subjects frequently discussed in health economics, yet they are of great relevance to the question of how, or whether, to use qualitative methods as a means of examining certain issues. The paper discusses the nature of enquiry in health economics and t