Decision Modelling for Health Economic Evaluation

Handbooks in Health Economic Evaluation, volume 1

Decision Modelling for Health Economics Evaluation
In financially constrained health systems across the world, increasing emphasis is being placed on the ability to demonstrate that health care interventions are not only effective, but also cost-effective. Decisions must be made on issues such as medical devices, diagnostic technologies, surgical procedures, and pharmaceuticals. Researchers are therefore required to incorporate all appropriate evidence into the analysis, compare all technologies with the alternative options, and to reflect uncertainty in evidence in the conclusions of the analysis. Decision-analytic modelling is commonly used as the framework for meeting these requirements.

This is a practical guide to the use of modelling techniques, starting with the basics of constructing different forms of model, the population of the model with input parameter estimates, analysis of the results, and progression to the holistic view of models as a tool to inform future research exercises. Key techniques and approaches are discussed, and a comprehensive set of example exercises take the reader through how to conduct decision-analytic modelling.

The exercises are supported with templates and solutions which can be downloaded here: Supporting material for Decision Modelling for Health Economic Evaluation

Andrew Briggs
Lindsay Chair in Health Economics
Health Economics and Health Technology Assessment (HEHTA)
University of Glasgow, UK

Mark Sculpher
Professor of Health Economics
Centre for Health Economics
University of York, UK

Karl Claxton
Professor of Economics
Department of Economics and Related Studies and Centre for Health Economics
University of York, UK

Oxford University Press, 2006
ISBN 0-19-852662-8
ISBN 978-019-852662-9 (pbk)