Decision Modelling for Health Economic Evaluation

by Andrew Briggs, Karl Claxton, Mark Sculpher

In financially constrained health systems across the world, increasing emphasis is being placed on the ability to demonstrate that health care interventions are not only effective, but also cost-effective. This book deals with decision modelling techniques that can be used to estimate the value for money of various interventions including medical devices, surgical procedures, diagnostic technologies, and pharmaceuticals. Particular emphasis is placed on the importance of the appropriate representation of uncertainty in the evaluative process and the implication this uncertainty has for decision making and the need for future research. This highly practical guide takes the reader through the key principles and approaches of modelling techniques. It begins with the basics of constructing different forms of the model, the population of the model with input parameter estimates, analysis of the results, and progression to the holistic view of models as a valuable tool for informing future research exercises. Case studies and exercises are supported with online templates and solutions. This book will help analysts understand the contribution of decision-analytic modelling to the evaluation of health care programmes. ABOUT THE Economic evaluation of health interventions is a growing specialist field, and this series of practical handbooks will tackle, in-depth, topics superficially addressed in more general health economics books. Each volume will include illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. This series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.

256 pages, Paperback

First published August 17, 2006

Reviews

[Emily · Rating 5 out of 5]

Excellent technical introduction to the field of health economics. The examples and exercises were particularly helpful.

However, would not recommend to anyone who's not a health economist. Unless you just really love Markov chains :)

[Maryann Rogers]

I hope it has an 'only one bed' trope

[Khanh Duong · Rating 5 out of 5]

I read and learn from this book as I took the course about Modelling in Health Economics. This book focuses more on the Markov model using Excel software. It is a very practical book which guides me step-by-step in making a Markov model by myself. A very impressing thing on it is the exercise part which is details and easy to follow. I feel more confident and understand more after reading and doing exercise in this book.
Another amazing thing is the reference link accompanied by the book: https://www.herc.ox.ac.uk/downloads
From the above link, I can explore so many exciting things in Health Economic Evaluation, especially in genomic testing which is my interest. Thank you all the authors.

[Proton · Rating 5 out of 5]

Clear and practical!