Introduction to cost-effectiveness analysis for clinicians

Jennifer D. Cape, Jaclyn M. Beca, Jeffrey S Hoch

Research output: Contribution to journalArticle

10 Scopus citations

Abstract

As health care expenditures in Canada continue to increase annually, pressure rises to contain spending. Clinicians are partially responsible for cost containment and can help optimize spending by utilizing more cost-effective interventions. An understanding of economic evaluations, particularly cost-effectiveness analysis, will help physicians make well-informed decisions when choosing between different treatments for their patients. This paper describes different types of economic evaluations with a focus on cost-effectiveness analysis. A hypothetical study is included to illustrate how a cost-effectiveness analysis evaluation is performed. By understanding and considering the economic value of appropriate interventions, clinicians can aim to provide evidence-based care for their patients and the population as a whole.

Original languageEnglish (US)
Pages (from-to)103-105
Number of pages3
JournalUniversity of Toronto Medical Journal
Volume90
Issue number3
StatePublished - 2013
Externally publishedYes

ASJC Scopus subject areas

  • Medicine(all)

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