Interpreting the Results of Cost-Effectiveness Studies

78Citations
Citations of this article
176Readers
Mendeley users who have this article in their library.

Abstract

In developed nations, health care spending is an increasingly important economic and political issue. The discipline of cost-effectiveness (CE) analysis has developed over several decades as a tool for objectively assessing the value of new medical strategies, by simultaneously examining incremental health benefits in light of incremental costs. The underlying goal of CE research is to allow clinicians and policymakers to make more rational decisions regarding clinical care and resource allocation. This review will provide the reader with an understanding of the theoretical underpinnings of CE analysis, the types of analyses commonly performed and reported in the medical literature, some important strengths and weaknesses of different analytical approaches, and key principles in the interpretation of CE results. Key principles reviewed include the impact of analytic perspective, the importance of proper incremental comparisons, the effect of time horizon, and methods for exploring and describing uncertainty. Illustrative examples from the cardiology literature are discussed. © 2008 American College of Cardiology Foundation.

Cite

CITATION STYLE

APA

Cohen, D. J., & Reynolds, M. R. (2008). Interpreting the Results of Cost-Effectiveness Studies. Journal of the American College of Cardiology. https://doi.org/10.1016/j.jacc.2008.09.018

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free