Literature DB >> 28139090

Characterising Uncertainty in the Assessment of Medical Devices and Determining Future Research Needs.

Claire Rothery1, Karl Claxton1,2, Stephen Palmer1, David Epstein3, Rosanna Tarricone4,5, Mark Sculpher1.   

Abstract

Decisions about the adoption of medical interventions are informed by evidence on their costs and effects. For a range of reasons, evidence relating to medical devices may be limited. The decision to adopt a device early in its life cycle when the evidence base is least mature may impact on the prospects of acquiring further evidence to reduce uncertainties. Equally, rejecting a device will result in no uptake in practice and hence no chance to learn about performance. Decision options such as 'only in research' or 'approval with research' can overcome these issues by allowing patients early access to promising new technologies while limiting the risks associated with making incorrect decisions until more evidence or learning is established. In this paper, we set out the issues relating to uncertainty and the value of research specific to devices: learning curve effects, incremental device innovation, investment and irrecoverable costs, and dynamic pricing. We show the circumstances under which an only in research or approval with research scheme may be an appropriate policy choice. We also consider how the value of additional research might be shared between the manufacturer and health sector to help inform who might reasonably be expected to conduct the research needed.
© 2017 The Authors. Health Economics published by John Wiley & Sons, Ltd. © 2017 The Authors. Health Economics published by John Wiley & Sons, Ltd.

Entities:  

Keywords:  MedtecHTA; cost-effectiveness; health technology assessment; medical devices; only in research; uncertainty

Mesh:

Year:  2017        PMID: 28139090     DOI: 10.1002/hec.3467

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


  21 in total

1.  Resuscitative Endovascular Balloon Occlusion of the Aorta: Assessing Need in an Urban Trauma Center.

Authors:  Ryan P Dumas; Daniel N Holena; Brian P Smith; Daniel Jafari; Mark J Seamon; Patrick M Reilly; Zaffer Qasim; Jeremy W Cannon
Journal:  J Surg Res       Date:  2018-09-18       Impact factor: 2.192

2.  Incentivizing research into the effectiveness of medical devices.

Authors:  Michael Drummond; Rosanna Tarricone; Aleksandra Torbica
Journal:  Eur J Health Econ       Date:  2016-12

3.  Towards a New Framework for Addressing Structural Uncertainty in Health Technology Assessment Guidelines.

Authors:  Salah Ghabri; Irina Cleemput; Jean-Michel Josselin
Journal:  Pharmacoeconomics       Date:  2018-02       Impact factor: 4.981

4.  Probability bound analysis: A novel approach for quantifying parameter uncertainty in decision-analytic modeling and cost-effectiveness analysis.

Authors:  Rowan Iskandar
Journal:  Stat Med       Date:  2021-09-15       Impact factor: 2.497

5.  Decision uncertainty and value of further research: a case-study in fenestrated endovascular aneurysm repair for complex abdominal aortic aneurysms.

Authors:  Oriana Ciani; David Epstein; Claire Rothery; Rod S Taylor; Mark Sculpher
Journal:  Cost Eff Resour Alloc       Date:  2018-04-16

6.  The HTA Risk Analysis Chart: Visualising the Need for and Potential Value of Managed Entry Agreements in Health Technology Assessment.

Authors:  Sabine Elisabeth Grimm; Mark Strong; Alan Brennan; Allan J Wailoo
Journal:  Pharmacoeconomics       Date:  2017-12       Impact factor: 4.981

7.  Modeling in Early Stages of Technology Development: Is an Iterative Approach Needed? Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling".

Authors:  Michael F Drummond
Journal:  Int J Health Policy Manag       Date:  2020-06-01

8.  ASSESSING THE VALUE OF INNOVATIVE MEDICAL DEVICES AND DIAGNOSTICS: THE IMPORTANCE OF CLEAR AND RELEVANT CLAIMS OF BENEFIT.

Authors:  Bruce Campbell; Mark Campbell; Lee Dobson; Joanne Higgins; Bernice Dillon; Mirella Marlow; Chris J D Pomfrett
Journal:  Int J Technol Assess Health Care       Date:  2018-07-20       Impact factor: 2.188

9.  Use of antimicrobial dressings in England and the association with published clinical guidance: interrupted time series analysis.

Authors:  Louise Hussey; Susan J Stocks; Paul Wilson; Jo C Dumville; Nicky Cullum
Journal:  BMJ Open       Date:  2019-09-17       Impact factor: 2.692

10.  Beyond the cost-effectiveness acceptability curve: The appropriateness of rank probabilities for presenting the results of economic evaluation in multiple technology appraisal.

Authors:  David Epstein
Journal:  Health Econ       Date:  2019-05-02       Impact factor: 3.046

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