Literature DB >> 15609171

Modeling the cost-effectiveness and budgetary impact for subpopulations.

M J C Nuijten1, J Kosa, P Engelfriet.   

Abstract

There is currently a trend to increasing demand for health-economic and budgetary-impact data in the decision-making process in Europe. A parallel development is the tendency to restrict the prescription of new drugs to subpopulations that may depend on the results of the above health-economic analysis and financial analysis. We present modeling techniques for determining the optimal subpopulation considering the cost-effectiveness and budgetary impact of a new drug. The methodology consists of incorporating confounding variables into the Markov health states by means of health state specific regression equations for costs and utilities. The strategy is applied to a hypothetical Markov model for new product in Parkinson's disease. The results of the presented analyses suggest that within the registered range of indications a further restriction in the application for a new drug can be made from the point of view of cost-effectiveness and budgetary impact. These results can also be considered in the decision-making process.

Entities:  

Year:  2003        PMID: 15609171     DOI: 10.1007/s10198-002-0156-z

Source DB:  PubMed          Journal:  Eur J Health Econ        ISSN: 1618-7598


  3 in total

Review 1.  Modelling the cost effectiveness of treatments for Parkinson's disease: a methodological review.

Authors:  Judith Dams; Bernhard Bornschein; Jens Peter Reese; Annette Conrads-Frank; Wolfgang H Oertel; Uwe Siebert; Richard Dodel
Journal:  Pharmacoeconomics       Date:  2011-12       Impact factor: 4.981

2.  Should hospital pharmacy drug budgets be the responsibility of each individual department in an institution, or should such budgets be controlled centrally by the pharmacy department?

Authors: 
Journal:  Can J Hosp Pharm       Date:  2010-07

3.  Incorporation of uncertainty in health economic modelling studies.

Authors:  Mark Nuijten
Journal:  Pharmacoeconomics       Date:  2005       Impact factor: 4.981

  3 in total

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