Literature DB >> 20575151

The efficiency frontier approach to economic evaluation of health-care interventions.

J Jaime Caro1, Erik Nord, Uwe Siebert, Alistair McGuire, Maurice McGregor, David Henry, Gérard de Pouvourville, Vincenzo Atella, Peter Kolominsky-Rabas.   

Abstract

BACKGROUND: IQWiG commissioned an international panel of experts to develop methods for the assessment of the relation of benefits to costs in the German statutory health-care system. PROPOSED
METHODS: The panel recommended that IQWiG inform German decision makers of the net costs and value of additional benefits of an intervention in the context of relevant other interventions in that indication. To facilitate guidance regarding maximum reimbursement, this information is presented in an efficiency plot with costs on the horizontal axis and value of benefits on the vertical. The efficiency frontier links the interventions that are not dominated and provides guidance. A technology that places on the frontier or to the left is reasonably efficient, while one falling to the right requires further justification for reimbursement at that price. This information does not automatically give the maximum reimbursement, as other considerations may be relevant. Given that the estimates are for a specific indication, they do not address priority setting across the health-care system.
CONCLUSION: This approach informs decision makers about efficiency of interventions, conforms to the mandate and is consistent with basic economic principles. Empirical testing of its feasibility and usefulness is required.

Mesh:

Year:  2010        PMID: 20575151     DOI: 10.1002/hec.1629

Source DB:  PubMed          Journal:  Health Econ        ISSN: 1057-9230            Impact factor:   3.046


  33 in total

Review 1.  Economic evaluation of pay-for-performance in health care: a systematic review.

Authors:  Martin Emmert; Frank Eijkenaar; Heike Kemter; Adelheid Susanne Esslinger; Oliver Schöffski
Journal:  Eur J Health Econ       Date:  2011-06-10

2.  Cost-value analysis of health interventions: introduction and update on methods and preference data.

Authors:  Erik Nord
Journal:  Pharmacoeconomics       Date:  2015-02       Impact factor: 4.981

Review 3.  The Value of Medicines: A Crucial but Vague Concept.

Authors:  Fernando Antoñanzas; Robert Terkola; Maarten Postma
Journal:  Pharmacoeconomics       Date:  2016-12       Impact factor: 4.981

4.  Does the approach to economic evaluation in health care depend on culture, values, and institutional context?

Authors:  Aleksandra Torbica; Rosanna Tarricone; Michael Drummond
Journal:  Eur J Health Econ       Date:  2018-07

5.  A test of concordance between patient and psychiatrist valuations of multiple treatment goals for schizophrenia.

Authors:  John F P Bridges; Lara Slawik; Annette Schmeding; Jens Reimer; Dieter Naber; Olaf Kuhnigk
Journal:  Health Expect       Date:  2011-06-14       Impact factor: 3.377

6.  A comparison of analytic hierarchy process and conjoint analysis methods in assessing treatment alternatives for stroke rehabilitation.

Authors:  Maarten J Ijzerman; Janine A van Til; John F P Bridges
Journal:  Patient       Date:  2012       Impact factor: 3.883

7.  Beyond QALYs: Multi-criteria based estimation of maximum willingness to pay for health technologies.

Authors:  Erik Nord
Journal:  Eur J Health Econ       Date:  2017-03-03

8.  Cost-Effectiveness of an Individualized First-Line Treatment Strategy Offering Erlotinib Based on EGFR Mutation Testing in Advanced Lung Adenocarcinoma Patients in Germany.

Authors:  Katharina Schremser; Wolf H Rogowski; Sigrid Adler-Reichel; Amanda L H Tufman; Rudolf M Huber; Björn Stollenwerk
Journal:  Pharmacoeconomics       Date:  2015-11       Impact factor: 4.981

Review 9.  The cost effectiveness of newer epilepsy treatments: a review of the literature on partial-onset seizures.

Authors:  Kristian Bolin; Lars Forsgren
Journal:  Pharmacoeconomics       Date:  2012-10-01       Impact factor: 4.981

10.  Implantable cardiac monitors to detect atrial fibrillation after cryptogenic stroke: a systematic review and economic evaluation.

Authors:  Steven J Edwards; Victoria Wakefield; Tracey Jhita; Kayleigh Kew; Peter Cain; Gemma Marceniuk
Journal:  Health Technol Assess       Date:  2020-01       Impact factor: 4.014

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