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Cost valuations for physician visits were based on billing codes from the Alberta Health Care Insurance Plan Medical Benefits Price List (April 2009) [ 25].
Cost valuations were mainly for 2012, and discounting was not used because the intervention and associated costs and health impacts were modeled for one year only.
Cost valuations for prescription medications were calculated using drug names and multiplying the number of tablets prescribed with price per tablet listed in Alberta Health and Wellness's Interactive Drug Benefit List database [ 24].
For each experiment, we recalculate the bids and the backed out cost valuations.
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Impact of cost valuation on cost-effectiveness in adult spine deformity surgery.
This yields the hypothetical replacement cost valuation table for the present study (Table 2).
For cost valuation, in the bottom-up approach, cost components are valued by identifying resources used directly employed for a patient, whereas in the top-down approach, cost components are valued by separating out the relevant costs from comprehensive sources.
Generally, the economic definition of costs should be used in cost valuation, not the accounting (or financial) definition.
The cost valuation of the time of the administration protocol was based on a bottom-up approach.
For the cost valuation, we used standardized cost prices from the Dutch manual for cost analysis in health care research [ 28].
The currency used for cost valuation includes US dollars (5 studies), international dollar by one study (reference number 12) and local currency (6 studies).
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