Economic evaluation of innovative technologies in health care should include a short-run perspective

The European Journal of Health Economics : HEPAC : Health Economics in Prevention and Care
Eddy M M Adang

Abstract

Knowledge about the cost-effectiveness of innovative technologies or new guidelines in health care is more and more a necessary condition for implementation in common practice. However, there are situations where implementation of a new technology that is found more effective and cost effective and is strongly advocated by the medical profession stagnates. The reason for this is the discrepancy between long-run efficiency, on which cost effectiveness is based, and short-run efficiency. This paper addresses the potential paradox between long-run and short-run efficiency in health care and explores possibilities to overcome hurdles to implementation due to that paradox.

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Citations

Nov 8, 2011·The European Journal of Health Economics : HEPAC : Health Economics in Prevention and Care·Sebastian Gurtner
Oct 30, 2012·The European Journal of Health Economics : HEPAC : Health Economics in Prevention and Care·Gijs van de WeteringEddy M M Adang
Aug 27, 2013·The European Journal of Health Economics : HEPAC : Health Economics in Prevention and Care·Pauline ChauvinDenis Heresbach
Oct 15, 2014·Expert Review of Pharmacoeconomics & Outcomes Research·Michael SchlanderAfschin Gandjour
Feb 16, 2011·Health Economics·Gijs Van de WeteringEddy M M Adang
Mar 1, 2016·Journal of Vascular and Interventional Radiology : JVIR·Bahman RoudsariSiddharth A Padia
Nov 20, 2016·Journal of Clinical Nursing·Julie ConsidineNatisha Sands
Dec 21, 2018·Environmental Science and Pollution Research International·Felix Samuel OliseAkinsehinwa Akinlua
Oct 26, 2021·Medical Decision Making : an International Journal of the Society for Medical Decision Making·Stuart J WrightKatherine Payne

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