Methods for the estimation of the National Institute for Health and Care Excellence cost-effectiveness threshold.

@article{Claxton2015MethodsFT,
  title={Methods for the estimation of the National Institute for Health and Care Excellence cost-effectiveness threshold.},
  author={Karl Claxton and Steve Martin and Marta Oliveira Soares and Nigel Rice and Eldon Spackman and Sebastian Hinde and Nancy J Devlin and Peter A. C. Smith and Mark John Sculpher},
  journal={Health technology assessment},
  year={2015},
  volume={19 14},
  pages={1-503, v-vi}
}
BACKGROUND Cost-effectiveness analysis involves the comparison of the incremental cost-effectiveness ratio of a new technology, which is more costly than existing alternatives, with the cost-effectiveness threshold. This indicates whether or not the health expected to be gained from its use exceeds the health expected to be lost elsewhere as other health-care activities are displaced. The threshold therefore represents the additional cost that has to be imposed on the system to forgo 1 quality… CONTINUE READING
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