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Record W2415099531 · doi:10.1017/s026646231500015x

MEDICAL DEVICE PRICES IN ECONOMIC EVALUATIONS

2015· article· en· W2415099531 on OpenAlexaffabout
İlke Akpinar, Philip Jacobs, Don Husereau

Bibliographic record

VenueInternational Journal of Technology Assessment in Health Care · 2015
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHealth Systems, Economic Evaluations, Quality of Life
Canadian institutionsInstitute of Health Economics
Fundersnot available
KeywordsActivity-based costingCapital equipmentPurchasingEconomic evaluationCapital expenditureEconomic analysisActuarial scienceEconomic costCost–benefit analysisEconomicsMedical deviceObservational studyBusinessPublic economicsMedicineAccountingOperations managementIndustrial organizationAgricultural economicsMicroeconomics

Abstract

fetched live from OpenAlex

OBJECTIVES: Economic evaluations, although not formally used in purchasing decisions for medical devices in Canada, are still being conducted and published. The aim of this study was to examine the way that prices have been included in Canadian economic evaluations of medical devices. METHODS: We conducted a review of the economic concepts and implications of methods used for economic evaluations of the eleven most implanted medical devices from the Canadian perspective. RESULTS: We found Canadian economic studies for five of the eleven medical devices and identified nineteen Canadian studies. Overall, the device costs were important components of total procedure cost, with an average ratio of 44.1 %. Observational estimates of the device costs were obtained from buyers or sellers in 13 of the 19 studies. Although most of the devices last more than 1 year, standard costing methods for capital equipment was never used. In addition, only eight studies included a sensitivity analysis for the device cost. None of the sensitivity analyses were based on actual price distributions. CONCLUSIONS: Economic evaluations are potentially important for policy making, but although they are being conducted, there is no standardized approach for incorporating medical device prices in economic analyses. Our review provides suggestions for improvements in how the prices are incorporated for economic evaluations of medical devices.

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)0.386
metaresearch head score (Gemma)0.760
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.386
Threshold uncertainty score0.757

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.3860.760
Meta-epidemiology (narrow)0.0030.002
Meta-epidemiology (broad)0.0060.006
Bibliometrics0.0220.033
Science and technology studies0.0020.008
Scholarly communication0.0170.013
Open science0.0050.005
Research integrity0.0050.009
Insufficient payload (model declined to judge)0.0050.000

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 head0.259
GPT teacher head0.554
Teacher spread0.295 · 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.

Study designNot applicable
Domainnot available
GenreEmpirical

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

Citations5
Published2015
Admission routes2
Has abstractyes

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Same venueInternational Journal of Technology Assessment in Health CareSame topicHealth Systems, Economic Evaluations, Quality of LifeFrench-language works237,207