Literature DB >> 29028753

Can Economic Model Transparency Improve Provider Interpretation of Cost-effectiveness Analysis? Evaluating Tradeoffs Presented by the Second Panel on Cost-effectiveness in Health and Medicine.

William V Padula1, Robert Brett McQueen, Peter J Pronovost.   

Abstract

The Second Panel on Cost-Effectiveness in Health and Medicine convened on December 7, 2016 at the National Academy of Medicine to disseminate their recommendations for conduct, methodological practices, and reporting of cost-effectiveness analyses (CEAs). Following its summary, panel proceedings included lengthy discussions including the field's struggle to disseminate findings efficiently through peer-reviewed literature to target audiences. With editors of several medical and outcomes research journals in attendance, there was consensus that findings of cost-effectiveness analyses do not effectively reach other researchers or health care providers. The audience members suggested several solutions including providing additional training to clinicians in cost-effectiveness research and requiring that cost-effectiveness models are made publicly available. However, there remains the questions of whether making economic modelers' work open-access through journals is fair under the defense that these models remain one's own intellectual property, or whether journals can properly manage the peer-review process specifically for cost-effectiveness analyses. In this article, we elaborate on these issues and provide some suggested solutions that may increase the dissemination and application of cost-effectiveness literature to reach its intended audiences and ultimately benefit the patient. Ultimately, it is our combined view as economic modelers and clinicians that cost-effectiveness results need to reach the clinician to improve the efficiency of medical practice, but that open-access models do not improve clinician access or interpretation of the economics of medicine.

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Year:  2017        PMID: 29028753     DOI: 10.1097/MLR.0000000000000810

Source DB:  PubMed          Journal:  Med Care        ISSN: 0025-7079            Impact factor:   2.983


  5 in total

1.  Transparency in Health Economic Modeling: Options, Issues and Potential Solutions.

Authors:  Eric Q Wu; Zheng-Yi Zhou; Jipan Xie; Cinzia Metallo; Praveen Thokala
Journal:  Pharmacoeconomics       Date:  2019-11       Impact factor: 4.981

2.  Achieving Appropriate Model Transparency: Challenges and Potential Solutions for Making Value-Based Decisions in the United States.

Authors:  Josh J Carlson; Surrey M Walton; Anirban Basu; Richard H Chapman; Jonathan D Campbell; R Brett McQueen; Steven D Pearson; Daniel R Touchette; David Veenstra; Melanie D Whittington; Daniel A Ollendorf
Journal:  Pharmacoeconomics       Date:  2019-11       Impact factor: 4.981

3.  Publication of Decision Model Source Code: Attitudes of Health Economics Authors.

Authors:  Joanna Emerson; Rachel Bacon; Alma Kent; Peter J Neumann; Joshua T Cohen
Journal:  Pharmacoeconomics       Date:  2019-11       Impact factor: 4.981

4.  Characterizing the Validity and Real-World Utility of Health Technology Assessments in Healthcare: Future Directions Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modelling".

Authors:  Nadine K Zawadzki; Joel W Hay
Journal:  Int J Health Policy Manag       Date:  2020-08-01

5.  Simulation Modeling and Metamodeling to Inform National and International HIV Policies for Children and Adolescents.

Authors:  Andrea Ciaranello; Annette H Sohn; Intira Jeannie Collins; Claire Rothery; Elaine J Abrams; Beth Woods; Pamela Pei; Martina Penazzato; Mary Mahy
Journal:  J Acquir Immune Defic Syndr       Date:  2018-08-15       Impact factor: 3.731

  5 in total

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