Resources Repository
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ArticlePublication 2023Context-Specific Estimation of Future Unrelated Medical Costs and Their Impact on CEAs
This study developed and applied methods to estimate unrelated future medical costs (UFMC) for women …
This study developed and applied methods to estimate unrelated future medical costs (UFMC) for women with breast cancer in Israel and evaluated the impact of including UFMC in cost-effectiveness analyses (CEAs). Methods included a retrospective cohort study using 14 years of patient-level claims data from breast cancer patients and matched controls. UFMC were estimated through (a) the annual average all-cause healthcare costs of control subjects, and (b) predicted values from a generalized linear model (GLM)…
Costing Methods | Cost-Effectiveness Analysis | Health/Medicine | Middle East & North Africa -
ArticlePublication 2023Consolidated Health Economic Evaluation Reporting Standards - Value of Information (CHEERS-VOI): Explanation and Elaboration
The Consolidated Health Economic Evaluation Reporting Standards Value of Information (CHEERS-VOI) 2022 checklist aims to …
The Consolidated Health Economic Evaluation Reporting Standards Value of Information (CHEERS-VOI) 2022 checklist aims to standardize reporting of Value of Information (VOI) analyses conducted alongside economic evaluations, ensuring transparent, reproducible, and high-quality reporting. Developed through a Delphi study, the CHEERS-VOI checklist includes 33 items, with 7 modifications and 6 new reporting criteria, building upon the existing CHEERS statement. Delphi participants rated candidate items through three survey rounds, resulting in the final checklist. This checklist should…
Value of Information | Evidence Synthesis | Health/Medicine -
ReviewPublication 2023How Values Are Discussed, Reflected Upon, and Acted on by Patients and Family Caregivers in the Context of Heart Failure: Scoping Review
The study examines how values influence decision-making and coping among heart failure (HF) patients and …
The study examines how values influence decision-making and coping among heart failure (HF) patients and their family caregivers (FCGs). Through a scoping review of 16 empirical studies, patient values were found to influence self-care behaviors and left ventricular assist device (LVAD) implantation decisions, with variations in prioritization over time and contexts. Conflicts between prioritized values and recommended self-care activities led to modifications in behavior. Patient survival emerged as a top value during cardiac device decisions.…
Decision Psychology | Preferences/Values | Evidence Synthesis | Chronic Disease/Risk | Health/Medicine -
ArticlePublication 2023Context Matters: Emotional Sensitivity to Probabilities and the Bias for Action in Cancer Treatment Decisions
The study investigates the commission bias in cancer treatment decisions and its association with emotional …
The study investigates the commission bias in cancer treatment decisions and its association with emotional sensitivity to probabilities (ESP), which reflects how individuals gauge emotional reactions to probability information. Participants (N = 1,055) made hypothetical treatment choices between surgery and watchful waiting under varying mortality probabilities. Logistic regression analysis, incorporating the Possibility Probability Questionnaire (PPQ) and other individual differences, revealed a commission bias favoring surgery regardless of mortality probabilities. An interaction effect indicated that higher…
Decision Psychology | Chronic Disease/Risk | Health/Medicine -
ReviewPublication 2021Review of Web-Based Tools for Value-of-Information Analysis
Value-of-information analysis (VOI) is an analytic approach used to inform research priorities, guide clinical trial …
Value-of-information analysis (VOI) is an analytic approach used to inform research priorities, guide clinical trial design, and provide information for decisions about reimbursement. The authors review existing web-based tools to facilitate VOI calculations. These include Sheffield Accelerated Value of Information (SAVI), the web interface to the BCEA (Bayesian Cost-Effectiveness Analysis) R package (BCEAweb), Rapid Assessment of Need for Evidence (RANE), and Value of Information for Cardiovascular Trials and Other Comparative Research (VICTOR).
Value of Information | Decision Theory | Priority Setting/Ethics | Cost-Effectiveness Analysis | Economics/Finance | Health/Medicine -
ArticlePublication 2008Cost-Effectiveness of Rapid Point-of-Care Prenatal Syphilis Screening in Sub-Saharan Africa
This paper investigates the cost-effectiveness of using rapid point-of-care tests for prenatal syphilis screening among …
This paper investigates the cost-effectiveness of using rapid point-of-care tests for prenatal syphilis screening among pregnant women in sub-Saharan Africa, a region with syphilis prevalence rates as high as 17%, and where traditional multi-test screening methods have been challenging to implement. Focusing on newly available rapid point-of-care screening tests, strategies differed by the initial test [rapid plasma reagin (RPR), immunochromographic strip (ICS)], need for confirmation with Treponema pallidum hemagglutination assay, and number of visits required.…
Costing Methods | Test Performance | Mathematical Models | Cost-Effectiveness Analysis | Technology Assessment | Infectious Diseases | Maternal/Reproductive Health | Clinical Care | Health/Medicine | Sub-Saharan Africa -
ReviewPublication 2023Handbook of Vaccine Health Economics
The open-access book, "Handbook of Applied Health Economics in Vaccines," looks at the complexities of …
The open-access book, "Handbook of Applied Health Economics in Vaccines," looks at the complexities of vaccine discovery, financing, and distribution. It highlights the inadequacy of standard economic models for vaccines. The book explores alternative principles challenging market-based approaches and equips readers with tools for assessing costs and benefits through practical exercises. It serves as a comprehensive resource for decision-making in vaccine development and distribution and emphasizes the importance of considering broader perspectives beyond economic efficiency.…
Costing Methods | Health Outcomes | Evidence Synthesis | Decision Analysis | Benefit-Cost Analysis | Cost-Effectiveness Analysis | Policy/Regulation | Health/Medicine | Global | Graduate | Doctoral | Professional -
ArticlePublication 2023Out-of-Pocket Expenditures & Financial Risks Associated with Treatment of Vaccine-Preventable Diseases in Ethiopia
This study investigates out-of-pocket (OOP) expenditures and associated catastrophic health expenditures (CHEs) for vaccine-preventable diseases …
This study investigates out-of-pocket (OOP) expenditures and associated catastrophic health expenditures (CHEs) for vaccine-preventable diseases (VPDs) in Ethiopia. Through a cross-sectional costing analysis, data on OOP direct medical and nonmedical expenditures were collected from 995 households in 54 health facilities nationwide. The study focuses on VPDs in children under 5 years for pneumonia, diarrhea, measles, and pertussis, and in children under 15 years for meningitis. Mean OOP expenditures per disease episode ranged from $5·6 to…
Costing Methods | Mathematical Models | Cost-Effectiveness Analysis | Child/Nutrition | Chronic Disease/Risk | Health/Medicine | Sub-Saharan Africa -
ArticlePublication 2022Economic Value of Clinical Artificial Intelligence
Artificial intelligence (AI) is increasingly used in clinical applications. Nevertheless, its flexibility and difficulties around …
Artificial intelligence (AI) is increasingly used in clinical applications. Nevertheless, its flexibility and difficulties around collecting data on its clinical impacts make value assessment challenging. This article uses a value framework as the basis for assessing how AI may create value depending on how it is used. Authors also provide advice to health economists seeking to model AI’s clinical impacts. There are multiple ways that AI challenges traditional health technology assessment methodology. Authors highlight several…
Value of Information | Technology Assessment | Economics/Finance | Science/Technology | Global