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Exact(35)
When willing to pay for an additional unit of effect, CCBT could be very cost-effective.
That is, even if society was willing to pay up to these amounts (the lower confidence limits in Table 1) to avoid one unit of effect, the intervention would still be cost effective because of cost saving.
Finally, the probability that usual care with the particular tape technique is cost-effective in comparison to usual care for various thresholds decision makers are willing to pay to gain one extra unit of effect will be presented on a cost-effectiveness acceptability curve.
Where cost-effectiveness analyses had been performed the unit of effect was typically time e.g. cost per additional year that the person with dementia lived at home, cost per reduction in hours spent on care tasks per day.
Results of these bootstraps will be presented in cost-effectiveness planes (showing all bootstrapped cost-effectiveness combinations) and cost-effectiveness acceptability curves (CEACs) which represent the probability that the intervention is cost-effective, given a certain threshold for the costs per unit of effect gained.
A new health care treatment, intervention or technology is cost-effective if (1) the extra cost of (2) an extra unit of effect is less than (3) the decision maker's willingness to pay for it.
Similar(25)
What proved to be more difficult was the ability to use information on cost-effectiveness studies which used natural units of effect directly relevant to the public health intervention concerned (e.g., point change on a child behaviour index, minutes of exercise per week, number of smokers quitting).
QALYs are common units of effect derived from different health outcomes and are used to measure the output of cervical spine management strategies.
Cost-effectiveness acceptability curves enable decision makers to estimate the probability that a strategy is optimal as a function of their willingness to pay for additional units of effect.
Cost-effectiveness studies commonly relate costs to effects and calculate the addition costs per unit of additional effect (incremental cost-effectiveness ratio).
The incremental cost-effectiveness ratio expresses the additional costs of the Go4it programme per unit improvement of effect.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com