Title: |
|
Synthesis of "Statistical Innovations for Cost-Effectiveness Analysis" |
Description: |
|
Cost-effectiveness analysis (CEA) has been promoted as a useful tool in the effort to prioritize
expenditures on health care programs. By quantifying the trade-offs between resources that need
to be deployed and health benefits that accrue from use of alternative interventions, CEA offers
guidance in decision-making by structuring comparisons between these interventions. The core
of Dr. Gardiner's research was the recognition that both costs and benefits were stochastic in
nature and thus summary measures such as the cost-effectiveness ratio would have inherent
variability that should be quantified. His research was also designed to produce new and more
advanced statistical models that improve the assessment of costs and patient outcomes. |
Agency: |
|
Rockville (MD): Agency for Healthcare Research and Quality |
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