Cost-effectiveness Analysis for Technology Acquisition

Taking account of future technology in cost effectiveness analysis.

Cost effectiveness analysis provides a tool for evaluating allocation of resources by characterising different healthcare interventions in terms of the extra cost per added unit of health benefit (box 1). Such analyses are being used increasingly to set national and international health priorities. The UK’s National Institute for Clinical Excellence, for example, is charged with guiding decisio...

Cost-effectiveness analysis for clinicians

In a climate of economic uncertainty, cost effectiveness analysis is a potentially important tool for making choices about health care interventions. Methods for such analyses are well established, but the results need to be interpreted carefully and are subject to bias. Making decisions based on results of cost-effectiveness analyses can involve setting thresholds, but for individual patients,...

Cost-Effectiveness Analysis

CEA is a tool that has seen increasing use in recent decades as decision makers at all levels of health care provision seek to value alternative interventions (or programs, tests, or treatments). Although CEAs can be complex, and are often described using somewhat arcane terminology, the concept at the core of any CEA is fairly simple: to combine the net cost of a given intervention and its out...

Cost-Effectiveness Analysis

Cost-effectiveness analysis.

Cost-effectiveness analysis refers to the consideration Of decision alternatives in which both their costs and consequences are taken into account in a systematic way. It is a decisionoriented tool, in that it is designed to ascertain which means of attaining particular educational goals are most efficient. For example, there are many alternative approaches for pursuing such goals as raising re...