The effectiveness of safety inspections of ships has been analysed from various angles, but until now, relatively little attention has been given to translate risk reduction into incident cost savings. This paper provides a monetary quantification of the cost savings that can be attributed to port state control inspections and industry vetting inspections. The dataset consists of more than half...

The aim of this study was to assess costs and safety of immediate femoral sheath removal and closure with a suture-mediated closure device (Perclose, Menlo Park, CA) in patients undergoing elective (PCI). A total of 193 patients was prospectively randomized to immediate arterial sheath removal and access site closure with a suture-mediated closure device (SMC; n = 96) or sheath removal 4 hr aft...

The U.S. SO2 Trading Program created by Title IV of the 1990 Clean Air Act Amendment led to lower compliance costs than what would have occurred under a Command-and-Control approach. However, all compliance cost savings were not realized. There have been several conjectures, including rigidities from fuel contracts, as to why the hypothetical outcome was not obtained. Kneifel (2008) shows how f...

Background and study aims  In an optical diagnosis strategy, diminutive polyps that are endoscopically characterized with high confidence are removed without histopathological analysis and distal hyperplastic polyps are left in situ. We evaluated the effectiveness and costs of optical diagnosis. Methods  Using the Adenoma and Serrated pathway to Colorectal CAncer (ASCCA) model, we simulated b...

BACKGROUND & AIMS Despite the clinical benefits of using standard (non-disease specific) oral nutritional supplements (ONS) in the community and care homes, there is uncertainty about their economic consequences. METHODS A systematic review was undertaken according to recommended procedures to assess whether ONS can produce cost savings and cost-effective outcomes. RESULTS 19 publications w...