Valuing health care : costs, benefits, and effectiveness of pharmaceuticals and other medical technologies

Bibliographic Information

Valuing health care : costs, benefits, and effectiveness of pharmaceuticals and other medical technologies

edited by Frank A. Sloan

Cambridge University Press, 1995

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Includes bibliographical references

Description and Table of Contents

Description

As expenditure on health care has increasingly become an area of public debate and concern, public and private health care decision-makers have called for more rigorous use of cost-benefit and cost-effectiveness analysis to guide spending. Concerns have arisen, however, about the overall quality of such analyses. This book discusses and evaluates best-practice methods of conducting cost-benefit and cost-effectiveness studies of pharmaceuticals and other medical technologies. It encompasses a wide variety of topics, ranging from measuring cost and effectiveness to discounting to the use of dynamic modelling of cost-effectiveness. The book also includes conceptual and practical aspects of cost-effectiveness analysis by researchers who have conducted applied research in these areas. Rarely does the book provide a singular solution to a measurement problem; rather, the reader is directed to choices among alternative approaches and an analysis of the advantages and disadvantages of each.

Table of Contents

  • 1. Introduction Frank A. Sloan
  • 2. Evidence of effectiveness: evaluating its quality Allan S. Detsky
  • 3. Utility assessment for estimating quality-adjusted life years Robert M. Kaplan
  • 4. Measuring costs David Dranove
  • 5. From cost-effectiveness ratios to resource allocation: where to draw the line? Milton C. Weinstein
  • 6. Valuing health care benefits in money terms Mark V. Pauly
  • 7. Discounting health effects for medical decisions W. Kip Viscusi
  • 8. Statistical issues in cost-effectiveness analyses John Mullahy and Willard Manning
  • 9. Decision trees and Markov models in cost-effectiveness research Emmett Keeler
  • 10. Alternative methods of allocating health resources under constraints Frank A. Sloan and Christopher J. Conover.

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