Economic analyses Flashcards
1
Q
Use when both interventions produce the same outcome (so just costs are compared)
A
Cost minimisation
2
Q
Use when both interventions result in an outcome that can be measured using same clinical scale (usually as one-dimensional index)
A
Cost effectiveness
3
Q
Use to approach measured outcomes in monetary terms
A
Cost benefit
4
Q
Use when outcome measured in QALYS (consider disease outcome, SEs, social impact in addition to clinical effectiveness)
A
Cost utility
5
Q
Use when comparing two interventions with two different clinical outcomes, and wanting to translate QALYs to health preference states and show characteristics of interventions to help decision makers
A
Cost consequences