Sentence examples for cost effective for a range from inspiring English sources
The curves plot the proportion of costs and effects ratios that are cost effective for a range of monetary values that the decision maker is willing to pay for a given health outcome improvement (in this case per cancer detected).
We have drawn Cost Effectiveness Acceptability Curves (CEACs) by plotting the proportion of the cost and effect pairs that are cost effective for a range of values of Willingness To Pay (WTP).
The cost-effectiveness pairs were used to estimate the probability that each intervention is cost effective for a range of willingness to pay to avert DALYs.
The CEACs in Figure 2 show the probability that TXA will be cost effective for a range of willingness-to-pay values.
Each CEAC displays the probability that an intervention is cost effective for a range of willingness to pay values (£0-£50,000).
We also calculated the probability that the intervention was cost effective for a range of values that society might be willing to pay to obtain one unit of effect (that is, dollars per life saved or per DALY gained).
CEACs plot the proportion of simulations for which the incremental net benefit of giving TXA versus no TXA is greater than zero (the intervention is cost effective) for a willingness to pay range of $0 to $1,000.
The curve is constructed by plotting the proportion of the incremental cost-effect pairs that are cost-effective for a range of λ values.
In addition, a cost-effectiveness acceptability curve is constructed, which shows the probability that the SLIMMER intervention is cost-effective for a range of cost-effectiveness thresholds.
Semi-parametric bootstrapping is used to estimate of the probability that each intervention is cost-effective for a range of threshold values of a QALY; cost-effectiveness acceptability curves are used to graphically represent this uncertainty around the adoption decision [ 12, 13].
Figure 3 presents the PSA results in the form of a cost effectiveness acceptability curve (CEAC), which indicates the probability that a service change is cost-effective for a range of ICER thresholds when compared to current practice.
