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Record W16551212 · doi:10.1177/070674370805300408

A Clinician's Guide to Correct Cost-Effectiveness Analysis: Think Incremental Not Average

2008· article· en· W16551212 on OpenAlexaffvenue
Jeffrey S. Hoch, Carolyn S. Dewa

Bibliographic record

VenueThe Canadian Journal of Psychiatry · 2008
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHealth Systems, Economic Evaluations, Quality of Life
Canadian institutionsCentre for Addiction and Mental HealthUniversity of TorontoSt. Michael's Hospital
Fundersnot available
KeywordsPsychological interventionContext (archaeology)Cost effectivenessCost–benefit analysisHealth careIntervention (counseling)Presentation (obstetrics)Risk analysis (engineering)Actuarial scienceCost-effectiveness analysisOperations managementMedicineBusinessEconomicsNursing

Abstract

fetched live from OpenAlex

OBJECTIVE: To explain how to correctly report the results from a cost-effectiveness analysis (CEA). METHODS: Results were used from a hypothetical clinical trial to illustrate how different ways of reporting economic results affect both presentation of findings and formulation of conclusions. To provide context, we reviewed some high-profile exchanges in the scientific literature. RESULTS: The critical issue with which decision makers must grapple involves the trade-offs introduced by a new treatment or intervention. Specifically, are decision makers willing to pay the additional cost for the additional outcomes? This question cannot be considered without estimates of the additional cost and additional outcomes. Correct cost-effectiveness measures, such as the incremental cost-effectiveness ratio or the incremental net benefit, address this issue. CONCLUSIONS: As decision makers face the challenge of balancing increasing health care demand with cost containment, it will be crucial to identify cost-effective ways of providing care. Health care providers and other decision makers should not be misled by the results of improperly reported CEAs. Decisions around adoption of pharmaceuticals or implementation of new programs or interventions may be affected by which cost-effectiveness summary measure is reported. Thus consumers of CEA must have a basic understanding of why different methods give different results, and how the results should be interpreted.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.109
metaresearch head score (Gemma)0.374
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Methods · Consensus signal: Methods
Teacher disagreement score0.109
Threshold uncertainty score0.578

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.1090.374
Meta-epidemiology (narrow)0.0050.003
Meta-epidemiology (broad)0.0060.005
Bibliometrics0.0170.010
Science and technology studies0.0010.008
Scholarly communication0.0080.010
Open science0.0110.004
Research integrity0.0130.035
Insufficient payload (model declined to judge)0.0180.013

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.249
GPT teacher head0.425
Teacher spread0.176 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations79
Published2008
Admission routes2
Has abstractyes

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Same venueThe Canadian Journal of PsychiatrySame topicHealth Systems, Economic Evaluations, Quality of LifeFrench-language works237,207