Literature DB >> 8275165

Clinical importance, statistical significance and the assessment of economic and quality-of-life outcomes.

M Drummond1, B O'Brien.   

Abstract

The assessment of economic and quality-of-life outcomes of health care interventions is moving into a new era, with such assessments increasingly being made within the context of controlled clinical trials. Traditionally the measurement of many variables in economic evaluations, particularly costs, has been deterministic. In the context of clinical trials the measurement of variables is stochastic, with the standard principles of statistical inference being applied to analyse differences between treatments in terms of effectiveness. Economists participating in clinical research are therefore being called upon to specify the sample size for the economic component of the evaluation and to undertake statistical tests for differences in cost or cost-effectiveness. This paper discusses the current methodological issues surrounding stochastic measurement in clinical trials, discusses the additional issues raised by the assessment of economic and quality-of-life outcomes and specifies the challenges facing economists if they are to answer the questions now being posed about economic analysis by statisticians and clinical researchers. It is concluded that application of the standard principles of statistical inference to economic data is not straightforward and will require value judgements to be made about statistical significance and economic importance, which may differ from those already made in purely clinical studies.

Mesh:

Year:  1993        PMID: 8275165     DOI: 10.1002/hec.4730020303

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


  10 in total

Review 1.  Inference for the cost-effectiveness acceptability curve and cost-effectiveness ratio.

Authors:  A O'Hagan; J W Stevens; J Montmartin
Journal:  Pharmacoeconomics       Date:  2000-04       Impact factor: 4.981

Review 2.  Common errors and controversies in pharmacoeconomic analyses.

Authors:  S Byford; S Palmer
Journal:  Pharmacoeconomics       Date:  1998-06       Impact factor: 4.981

3.  [Economic aspects of ambulatory and inpatient treatment of HIV positive patients].

Authors:  M Stoll; R E Schmidt
Journal:  Internist (Berl)       Date:  2003-06       Impact factor: 0.743

Review 4.  Statistical versus quantitative significance in the socioeconomic evaluation of medicines.

Authors:  B J O'Brien; M F Drummond
Journal:  Pharmacoeconomics       Date:  1994-05       Impact factor: 4.981

5.  Cost-per-QALY league tables: their role in pharmacoeconomic analysis.

Authors:  J M Mason
Journal:  Pharmacoeconomics       Date:  1994-06       Impact factor: 4.981

Review 6.  Methodological issues in economic assessments of new therapies. The case of colony-stimulating factors.

Authors:  M Drummond; J Menzin; G Oster
Journal:  Pharmacoeconomics       Date:  1994       Impact factor: 4.981

Review 7.  Constraints on antidepressant prescribing and principles of cost-effective antidepressant use. Part 2: Cost-effectiveness analyses.

Authors:  J A Henry; C A Rivas
Journal:  Pharmacoeconomics       Date:  1997-06       Impact factor: 4.981

8.  Economic evaluation of lenograstim for prophylaxis of chemotherapy-induced neutropenia in patients with small cell lung cancer.

Authors:  M Drummond; L Davies
Journal:  Pharmacoeconomics       Date:  1994       Impact factor: 4.981

9.  Are quality of life, patient preferences, and costs realistic outcomes for clinical trials?

Authors:  J J Rusthoven
Journal:  Support Care Cancer       Date:  1997-03       Impact factor: 3.603

10.  Healthcare Resource Utilization of Ceftolozane/Tazobactam Versus Meropenem for Ventilated Nosocomial Pneumonia from the Randomized, Controlled, Double-Blind ASPECT-NP Trial.

Authors:  Thomas Lodise; Joe Yang; Laura A Puzniak; Ryan Dillon; Marin Kollef
Journal:  Infect Dis Ther       Date:  2020-09-30
  10 in total

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