Literature DB >> 21211486

The CHD challenge: comparing four cost-effectiveness models.

David Turner1, James Raftery, Keith Cooper, Eleanor Fairbank, Stephen Palmer, Sue Ward, Roberta Ara.   

Abstract

OBJECTIVES: To compare four UK models evaluating the cost-effectiveness of interventions in coronary heart disease (CHD), exploring the relative importance of structure and inputs in accounting for differences, and the scope for consensus on structure and data.
METHODS: We compared published cost-effectiveness results (incremental cost, quality-adjusted life year, and cost-effectiveness ratio) of three models conforming to the National Institute for Health and Clinical Excellence guidelines dealing with three interventions (statins, percutaneous coronary intervention, and clopidogrel) with a model developed in Southampton. Comparisons were made using three separate stages: 1) comparison of published results; 2) comparison of the results using the same data inputs wherever possible; and 3) an in-depth exploration of reasons for differences and the potential for consensus.
RESULTS: Although published results differed by up to 73% (for statins), standardization of inputs (stage 2) narrowed these gaps. Greater understanding of the reasons for differences was achieved, but a consensus on preferred values for all data inputs was not reached.
CONCLUSIONS: We found that published guidance on methods was important to reduce variation in important model inputs. Although the comparison of models did not lead to consensus for all model inputs, it provided a better understanding of the reasons for these differences, and enhanced the transparency and credibility of all models. Similar comparisons would be aided by fuller publication of models, perhaps through detailed web appendices.
Copyright © 2011 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

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Year:  2011        PMID: 21211486     DOI: 10.1016/j.jval.2010.10.009

Source DB:  PubMed          Journal:  Value Health        ISSN: 1098-3015            Impact factor:   5.725


  4 in total

1.  Accounting for increased non-target-disease-specific mortality in decision-analytic screening models for economic evaluation.

Authors:  Björn Stollenwerk; Afschin Gandjour; Markus Lüngen; Uwe Siebert
Journal:  Eur J Health Econ       Date:  2012-12-30

Review 2.  Challenges in modelling the cost effectiveness of various interventions for cardiovascular disease.

Authors:  Laura T Burgers; William K Redekop; Johan L Severens
Journal:  Pharmacoeconomics       Date:  2014-07       Impact factor: 4.981

3.  Development of an economic model to assess the cost-effectiveness of hawthorn extract as an adjunct treatment for heart failure in Australia.

Authors:  Emily Ford; Jon Adams; Nicholas Graves
Journal:  BMJ Open       Date:  2012-09-01       Impact factor: 2.692

4.  Comparative analyses of published cost effectiveness models highlight critical considerations which are useful to inform development of new models.

Authors:  T A Rautenberg; G George; M B Bwana; M S Moosa; S Pillay; S M McCluskey; I Aturinda; K Ard; W Muyindike; P Moodley; J Brijkumar; B A Johnson; R T Gandhi; H Sunpath; V C Marconi; M J Siedner
Journal:  J Med Econ       Date:  2020-01-11       Impact factor: 2.448

  4 in total

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