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Interpreting economic evaluations of healthcare interventions​ - a simple guide​

Scientific Content

Interpreting economic evaluations of healthcare interventions​ - a simple guide​

Topics
Health Economics, Cost Effectiveness, Audit Data, Clinical Effectiveness, Quality of Life, Wound Care, Chronic Wounds, Superabsorbent Polymer Dressings, Diabetic Foot Ulcer, Zetuvit Plus Silicone, Economic Evaluation
Language
EN
Publication Year
2024
Author(s)
Luke Paterson​
Approx. reading time
20 min (5 pages)
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Summary​

This guide aims to help healthcare professionals of all backgrounds make sense of economic evaluations to determine whether interventions represent value for money.

Objective:The aim of economic evaluations is to inform decisions between alternative courses of action to maximize improvements in health status given the resources available

Results:The English study reported that Zetuvit® Plus Silicone was cost-saving compared with standard of care by £222 per person over a 6-month period and resulted in an additional 0.081 quality-adjusted life weeks (QALWs)

Conclusion:Health economic evaluations are important to assess the cost-effectiveness of new healthcare interventions. Decision analytical modelling is a common method for conducting economic evaluations

Authors

Luke Paterson, Researcher in Health Economics

Citation reference​

Peterson Luke, Velickovic Vladica (2024) Interpreting economic evaluations of healthcare interventions - a simple guide. MA Healthcare Ltd

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