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6 Briefly, it shows the probability that the preferred option is cost effective for any given threshold incremental cost effectiveness ratio for all but a few replications and the few account for a negligible probability.
Results were displayed with a cost effectiveness acceptability curve (CEAC) that shows the probability that the intervention is cost effective for different willingness-to-pay values for a life year saved.
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.
It is cost effective for production of high-value algae," for neutriceutical, or food and pharmaceutical, products, he said.
Chief Weiner, who spent 14 years with the New York City police, said high-tech equipment is cost effective for any department.
Owning the hardware, McKinsey states, is cost effective for most corporations when the depreciation write-offs for tax purposes are included.
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Cost-effectiveness — the treatment is cost-effective for the particular patient.
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.
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.
In addition, cost-effectiveness acceptability curves (CEACs) will show the probability that BPT or Pilates is cost-effective for different values placed on unit-changes in outcome.
The simulations suggest that GH-treatment is cost-effective for both men and women at the €55,371 (SEK 500,000 – the informal Swedish cost-effectiveness threshold) per QALY threshold.
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