
A unique, in-depth discussion of the uses and conduct of cost-effectiveness analyses (CEAs) as decision-making aids in the health and medical fields, this volume is the product of over two years of comprehensive research and deliberation by a multi-disciplinary panel of economists, ethicists, psychometricians, and clinicians. Exploring cost-effectiveness in the context of societal decision-making for resource allocation purposes, this volume proposes that analysts include a "reference-case" analysis in all CEAs designed to inform resource allocation and puts forth the most explicit set of guidelines (together with their rationale) ever defined on the conduct of CEAs. Important theoretical and practical issues encountered in measuring costs and effectiveness, evaluating outcomes, discounting, and dealing with uncertainty are examined in separate chapters. Additional chapters on framing and reporting of CEAs elucidate the purpose of the analysis and the effective communication of its findings. Cost-Effectiveness in Health and Medicine differs from the available literature in several key aspects. Most importantly, it represents a consensus on standard methods--a feature integral to a CEA, whose principal goal is to permit comparisons of the costs and health outcomes of alternative ways of improving health. The detailed level at which the discussion is offered is another major distinction of this book, since guidelines in journal literature and in CEA-related books tend to be rather general--to the extent that the analyst is left with little guidance on specific matters. The focused overview of the theoretical background underlying areas of controversy and of methodological alternatives, and, finally, the accessible writing style make this volume a top choice on the reading lists of analysts in medicine and public health who wish to improve practice and comparability of CEAs. The book will also appeal to decision-makers in government, managed care, and industry who wish
How can cost-effectiveness analysis be standardized to serve as a reliable decision-making tool for resource allocation in health and medicine? This volume presents the findings of a multi-disciplinary panel of experts, including economists, clinicians, and ethicists, who spent over two years developing a rigorous framework for conducting these analyses. The authors argue for the adoption of a 'reference-case' analysis to improve the comparability of health outcomes and costs across different medical interventions.
What You Will Find
Experts recognize this work as a foundational text for establishing standard methods in the field of health economics. Readers frequently note the technical depth of the guidelines, which provide specific, actionable instructions that are often absent in general journal literature.
Page Count:
447
Publication Date:
1996-01-01
Publisher:
Oxford University Press
ISBN-10:
0199880425
ISBN-13:
9780199880423
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