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 language | English (US) |
|---|---|
| Pages (from-to) | 103-105 |
| Number of pages | 3 |
| Journal | University of Toronto Medical Journal |
| Volume | 90 |
| Issue number | 3 |
| State | Published - 2013 |
| Externally published | Yes |
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ASJC Scopus subject areas
- Medicine(all)
Cite this
Introduction to cost-effectiveness analysis for clinicians. / Cape, Jennifer D.; Beca, Jaclyn M.; Hoch, Jeffrey S.
In: University of Toronto Medical Journal, Vol. 90, No. 3, 2013, p. 103-105.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Introduction to cost-effectiveness analysis for clinicians
AU - Cape, Jennifer D.
AU - Beca, Jaclyn M.
AU - Hoch, Jeffrey S
PY - 2013
Y1 - 2013
N2 - 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.
AB - 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.
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M3 - Article
AN - SCOPUS:84877670864
VL - 90
SP - 103
EP - 105
JO - University of Toronto Medical Journal
JF - University of Toronto Medical Journal
SN - 0042-0239
IS - 3
ER -