Related Experiment Video
Updated: Jul 2, 2026

Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease
Published on: August 9, 2024
Valuing health States for use in cost-effectiveness analysis
1Health Economics and Decision Science and NICE Decision Support Unit, School of Health and Related Research, University of Sheffield, Sheffield, UK. j.e.brazier@shef.ac.uk
This review covers general and National Institute for Health and Clinical Excellence (NICE) specific issues in valuing health states for cost-effectiveness analysis. It addresses health description, valuation, and data integration for technology appraisal.
Area of Science:
- Health economics
- Decision science
- Public health policy
Background:
- Cost-effectiveness analysis (CEA) relies on valuing health states.
- The National Institute for Health and Clinical Excellence (NICE) plays a key role in technology appraisal methods.
Purpose of the Study:
- To review general challenges in health state valuation for CEA.
- To examine specific issues addressed by NICE in its technology appraisal methods review.
Main Methods:
- Literature review of general health valuation principles.
- Analysis of NICE's methodological review concerning technology appraisal.
Main Results:
- General issues include defining health, assigning values, and identifying value holders.
- NICE considered reference-case instruments, data gaps, suitability of measures, data synthesis, and utility incorporation.
Conclusions:
- Standardized methods for health state valuation are crucial for CEA.
- NICE's review highlights the complexities and practical considerations in applying these methods for healthcare decision-making.
Related Concept Videos
Concepts of Health and Illness
Types of Biopharmaceutical Studies: Controlled and Non-Controlled Approaches
Non-controlled studies, commonly employed for initial exploration, lack a control group, rendering them susceptible to biases and external influences. In contrast, controlled...
Models of Health Promotion and Illness Prevention I
The health belief model (HBM) attempts to predict health-related behavior in specific belief patterns. According to the HBM, a person's...
Health Information Technology and Healthcare Information System
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
Overview of Biostatistics in Health Sciences
Models of Health Promotion and Illness Prevention II
The agent-host-environment model states that disease results from...
