PMID: 2113891Jan 1, 1990Paper

Estimating costs in the economic evaluation of medical technologies

International Journal of Technology Assessment in Health Care
B R Luce, A Elixhauser

Abstract

The complexities and nuances of evaluating the costs associated with providing medical technologies are often underestimated by analysts engaged in economic evaluations. This article describes the theoretical underpinnings of cost estimation, emphasizing the importance of accounting for opportunity costs and marginal costs. The various types of costs that should be considered in an analysis are described; a listing of specific cost elements may provide a helpful guide to analysis. The process of identifying and estimating costs is detailed, and practical recommendations for handling the challenges of cost estimation are provided. The roles of sensitivity analysis and discounting are characterized, as are determinants of the types of costs to include in an analysis. Finally, common problems facing the analyst are enumerated with suggestions for managing these problems.

References

Mar 31, 1977·The New England Journal of Medicine·M C Weinstein, W B Stason
Mar 31, 1977·The New England Journal of Medicine·W B Stason, M C Weinstein
Sep 30, 1976·The New England Journal of Medicine·S C SchoenbaumJ Kavet
Jan 1, 1990·Circulation·M KuppermannJ N Ruskin
Jan 1, 1985·Annual Review of Public Health·M C Weinstein, W B Stason
Mar 28, 1986·JAMA : the Journal of the American Medical Association·D E SniderJ P Koplan
Jan 1, 1986·Social Science & Medicine·G GuyattR Labelle
May 1, 1986·Annals of Surgery·D R LanninW J Pories
Oct 1, 1986·Medical Decision Making : an International Journal of the Society for Medical Decision Making·D G Simon
Nov 1, 1986·Journal of General Internal Medicine·M C WeinsteinH C Hutchings
Feb 1, 1987·American Journal of Public Health·D G AltmanJ W Farquhar
Apr 17, 1987·JAMA : the Journal of the American Medical Association·A E WashingtonC C Korenbrot
Nov 6, 1987·JAMA : the Journal of the American Medical Association·G Oster, A M Epstein
Oct 1, 1987·Journal of Clinical Pharmacy and Therapeutics·A Mathews, G R Bailie
Feb 1, 1988·The American Journal of Clinical Nutrition·J M EisenbergG P Buzby
May 1, 1987·Der Internist·L BilandL K Widmer
Sep 1, 1987·Preventive Medicine·A ChaoB E Henderson
May 1, 1986·The Science of the Total Environment·M F Drummond, H S Shannon
Dec 4, 1986·The New England Journal of Medicine·D B Petitti
Mar 28, 1986·JAMA : the Journal of the American Medical Association·J M Eisenberg, D S Kitz
Jun 2, 1983·The New England Journal of Medicine·M H BoyleS P Horwood
Aug 1, 1984·American Journal of Public Health·A Muller, T J Reutzel
Apr 1, 1980·Archives of General Psychiatry·B A WeisbrodL I Stein
Mar 1, 1981·Social Science & Medicine. Medical Economics·A HallstromL Bergner
Aug 27, 1981·The New England Journal of Medicine·J C SinclairD L Sackett
Jan 1, 1982·Annals of Internal Medicine·S A Finkler
Aug 1, 1982·Circulation·W J Walker
Mar 1, 1981·Social Science & Medicine. Part F, Medical & Social Ethics·J A Sechzer
Aug 8, 1987·Journal of Health Economics·S Birch, C Donaldson
Jul 8, 1988·Health Policy·M Drummond, L Davies

❮ Previous
Next ❯

Citations

Aug 5, 1996·Health Policy·R BaltussenR Leidl
Feb 16, 2000·Annals of Allergy, Asthma & Immunology : Official Publication of the American College of Allergy, Asthma, & Immunology·P K KeithS Birch
Nov 6, 2009·Dermatologic Surgery : Official Publication for American Society for Dermatologic Surgery [et Al.]·Fernando Alfageme RoldánPablo Lázaro Ochaita
May 13, 1999·Journal of Epidemiology and Community Health·T van der WeijdenR P Grol
Jun 10, 2009·Malaria Journal·Fabrizio TediosiThomas A Smith
Jun 1, 1995·Employee Benefits Journal·G A Mitchell
Feb 18, 2005·NeuroRx : the Journal of the American Society for Experimental NeuroTherapeutics·Katia Noyes, Robert G Holloway
Oct 5, 1994·Health Care Analysis : HCA : Journal of Health Philosophy and Policy·G J van der Wilt
Jan 1, 1995·Clinical Therapeutics·B R Luce, K Simpson
Sep 1, 1995·Health Economics·A Briggs, M Sculpher
Jun 12, 2013·Social Psychiatry and Psychiatric Epidemiology·Mattias EkmanMikael Landén
Jan 26, 2006·Expert Opinion on Pharmacotherapy·Karine Lamiraud, Jean-Paul Moatti
Jan 1, 1991·American Journal of Kidney Diseases : the Official Journal of the National Kidney Foundation·S H SheingoldA Laupacis
Apr 27, 1999·Hepatology : Official Journal of the American Association for the Study of Liver Diseases·S L ZacksR S Brown
Feb 22, 2001·Revista española de cardiología·F A Villar, F A Botella
Sep 20, 2002·Journal of Nursing Scholarship : an Official Publication of Sigma Theta Tau International Honor Society of Nursing·Patricia W StoneSuzanne Bakken
Oct 1, 1994·Alcoholism, Clinical and Experimental Research·J Langenbucher
Dec 5, 2009·Gaceta sanitaria·Julio López BastidaJaume Puig-Junoy
Mar 1, 1993·Gastrointestinal Endoscopy·P D Gerstenberger, P A Plumeri
Nov 1, 1994·AORN Journal·E A McConnell
Dec 6, 2011·European Journal of Neurology : the Official Journal of the European Federation of Neurological Societies·M LindeC Andrée
Jun 26, 2004·Journal of Clinical Anesthesia·Michaela StadlerJean G Boogaerts
Oct 5, 1993·Health Policy·A Ament, S Evers
Jun 13, 2006·Health Policy·Angel Francisco Betanzos-ReyesRoberto Tapia Coyner
Apr 25, 2013·Journal of Affective Disorders·M EkmanM Landén
Aug 16, 2005·Acta Orthopaedica·Mattias EkmanLars Lidgren
Jun 1, 1996·Seizure : the Journal of the British Epilepsy Association·D Hughes, O C Cockerell
Aug 21, 2014·Psychology & Health·Silvia M A A EversCharles Christian Adarkwah
May 22, 2001·Best Practice & Research. Clinical Obstetrics & Gynaecology·S PetrouC Glazener
Sep 10, 2010·Clinical Microbiology and Infection : the Official Publication of the European Society of Clinical Microbiology and Infectious Diseases·R R RobertsR A Weinstein
Aug 20, 2016·Nigerian Journal of Clinical Practice·O Q BakareA Osibogun
Aug 11, 2000·Australian and New Zealand Journal of Public Health·T Jackson
Jan 5, 1999·Haemophilia : the Official Journal of the World Federation of Hemophilia·W Schramm, T D Szucs
Oct 1, 1996·Haemophilia : the Official Journal of the World Federation of Hemophilia·T D SzucsW Schramm
Sep 1, 1994·Health Economics·M P Rutten-van MölkenR C van Vliet

❮ Previous
Next ❯

Related Concepts

Trending Feeds

COVID-19

Coronaviruses encompass a large family of viruses that cause the common cold as well as more serious diseases, such as the ongoing outbreak of coronavirus disease 2019 (COVID-19; formally known as 2019-nCoV). Coronaviruses can spread from animals to humans; symptoms include fever, cough, shortness of breath, and breathing difficulties; in more severe cases, infection can lead to death. This feed covers recent research on COVID-19.

Blastomycosis

Blastomycosis fungal infections spread through inhaling Blastomyces dermatitidis spores. Discover the latest research on blastomycosis fungal infections here.

Nuclear Pore Complex in ALS/FTD

Alterations in nucleocytoplasmic transport, controlled by the nuclear pore complex, may be involved in the pathomechanism underlying multiple neurodegenerative diseases including Amyotrophic Lateral Sclerosis and Frontotemporal Dementia. Here is the latest research on the nuclear pore complex in ALS and FTD.

Applications of Molecular Barcoding

The concept of molecular barcoding is that each original DNA or RNA molecule is attached to a unique sequence barcode. Sequence reads having different barcodes represent different original molecules, while sequence reads having the same barcode are results of PCR duplication from one original molecule. Discover the latest research on molecular barcoding here.

Chronic Fatigue Syndrome

Chronic fatigue syndrome is a disease characterized by unexplained disabling fatigue; the pathology of which is incompletely understood. Discover the latest research on chronic fatigue syndrome here.

Evolution of Pluripotency

Pluripotency refers to the ability of a cell to develop into three primary germ cell layers of the embryo. This feed focuses on the mechanisms that underlie the evolution of pluripotency. Here is the latest research.

Position Effect Variegation

Position Effect Variagation occurs when a gene is inactivated due to its positioning near heterochromatic regions within a chromosome. Discover the latest research on Position Effect Variagation here.

STING Receptor Agonists

Stimulator of IFN genes (STING) are a group of transmembrane proteins that are involved in the induction of type I interferon that is important in the innate immune response. The stimulation of STING has been an active area of research in the treatment of cancer and infectious diseases. Here is the latest research on STING receptor agonists.

Microbicide

Microbicides are products that can be applied to vaginal or rectal mucosal surfaces with the goal of preventing, or at least significantly reducing, the transmission of sexually transmitted infections. Here is the latest research on microbicides.

Related Papers

Expert Review of Pharmacoeconomics & Outcomes Research
John W TumehChristopher R Flowers
International Journal of Technology Assessment in Health Care
D H Smith, H Gravelle
Value in Health : the Journal of the International Society for Pharmacoeconomics and Outcomes Research
Nicole MittmannPaul I Oh
© 2021 Meta ULC. All rights reserved