PMD9 AGGREGATING COST DATA FROM MULTICENTER CLINICAL TRIALS: AN INCREMENTAL COST-EFFECTIVENESS ELASTICITY APPROACH

Bayesian estimation of cost-effectiveness ratios from clinical trials.

Estimation of the incremental cost-effectiveness ratio (ICER) is difficult for several reasons: treatments that decrease both cost and effectiveness and treatments that increase both cost and effectiveness can yield identical values of the ICER; the ICER is a discontinuous function of the mean difference in effectiveness; and the standard estimate of the ICER is a ratio. To address these diffic...

Methods for analyzing cost effectiveness data from cluster randomized trials

BACKGROUND Measurement of individuals' costs and outcomes in randomized trials allows uncertainty about cost effectiveness to be quantified. Uncertainty is expressed as probabilities that an intervention is cost effective, and confidence intervals of incremental cost effectiveness ratios. Randomizing clusters instead of individuals tends to increase uncertainty but such data are often analysed ...

Cost-effectiveness in clinical trials: using multiple imputation to deal with incomplete cost data.

BACKGROUND Cost-effectiveness has become an important outcome in many clinical trials and has resulted in the collection of resource use data and the calculation of costs for individual patients. A specific example is a Cancer Research UK phase III trial comparing chemotherapy (CT) against standard palliative care in patients with advanced non-small cell lung cancer. Resource usage from trial e...

Incremental Cost-Effectiveness (ICE) Concepts

On the probability of cost-effectiveness using data from randomized clinical trials

BACKGROUND Acceptability curves have been proposed for quantifying the probability that a treatment under investigation in a clinical trial is cost-effective. Various definitions and estimation methods have been proposed. Loosely speaking, all the definitions, Bayesian or otherwise, relate to the probability that the treatment under consideration is cost-effective as a function of the value pla...