Unbiased Analysis of Today's Healthcare Issues
ICER recently released a white paper titled “Advancing Health Technology Assessment Methods that Support Health Equity“. In addition to discussing a variety of methods–e.g., distributional cost-effectiveness analysis (DCEA), extended cost effectiveness analysis, multi-criteria decision analysis (MCDA)–for quantifying the value of new treatments in terms of their ability to reduce health disparities, ICER also introduces the…
That is the title of an article in AJMC co-authored with Meena Venkatachalam. An excerpt is below: While decision-makers traditionally have ignored the issue of inequality, academic researchers have already developed tools to quantify a treatment’s value from reductions in inequality. Two common methods for doing so are distributional cost effectiveness analysis (DCEA) and multiple-criteria…
Join me tomorrow, 9/26, 12:00 PM EDT, as PRECISIONheor’s Jason Shafrin and Meena Venkatachalam discuss their recent blog commentary in the health policy journal Health Affairs on how novel methods of Cost-Effectiveness Analysis can be used to expand traditional value frameworks improve health outcomes for underserved communities. Moderated by Precision’s Kelly Wilder, there will be a live Q&A following the webinar.…
Value measurement using cost-effectiveness analysis (CEA) is one of the core stables of health economic research. CEA often uses quality adjusted life years (QALYs) to capture how a treatment affects a patients mortality and morbidity. CEA makes explicit assumptions about the tradeoffs between mortality and morbidity by assuming these are additive. Further, this approach, however,…
My colleagues Jeroen Jansen, Devin Incerti along with Jeff Curtis think so. In JMCP they write: In the United States, there is an increased interest to understand the value of health technologies. Cost-effectiveness analysis is arguably the most appropriate framework to quantify value and to inform reimbursement decision making regarding medical interventions; however, a thorough…