CEA & CUA - Cost-Effectiveness Analysis Definition...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
Cost-Effectiveness Analysis
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Definition: Cost-Effectiveness Analysis (CEA) is an economic evaluation tool used for identifying, examining, and comparing relevant costs and consequences (benefits) of alternative interventions.
Background image of page 2
In CEA, costs are expressed in monetary terms and consequences are measured in their natural units, ex. lives saved, cases cured, mm Hg decrease, etc. The competing alternatives must have one clear clinical outcome parameter that is measurable in common units.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
In CEA, is most common and easiest pharmacoeconomic models used in research because it allows the comparison of vastly different therapies and/or services.
Background image of page 4
Example: Comparing costs of different weight loss methods: SlimFast, WeightWatchers, Jenny Craig, Xenical, Meridia – outcomes is kg of wt loss or change in BMI.
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
CMA CBA CEA Equivalent Outcomes Different Outcomes; Measurable in $ Different Outcomes; Measurable in Common Units
Background image of page 6
Measurable Clinical Outcomes Primary Clinical Outcomes - outcomes that are directly related to patient mortality or morbidity, ex. cure of disease, lives saved, improved functioning, etc. Intermediate Clinical Outcomes - measured effects of treatment that are indicative of a primary outcome, ex. T-cell counts, blood pressure in mm Hg , expiration volume, etc.
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Presentation of Results CEA usually presents its result in: 1) Average C/E Ratio 2) Incremental C/E Ratio
Background image of page 8
is treatment costs divided by the outcomes (natural units). AvC/E Ratio
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/07/2008 for the course PAS 2201 taught by Professor Dhing during the Spring '07 term at St. Johns Duplicate.

Page1 / 33

CEA & CUA - Cost-Effectiveness Analysis Definition...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online