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Economic Evaluation Studies.

Belinda L Udeh1

  • 1Quantitative Health Sciences and the Neurological Institute Center for Outcomes Research, Cleveland Clinic, Cleveland, OH; and the Cleveland Clinic Lerner College of Medicine of Case Western Reserve University, Cleveland, OH.

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|July 14, 2020
PubMed
Summary

Economic evaluations guide healthcare decisions by analyzing tradeoffs. Ensuring high-quality, comprehensive analyses is crucial for effective healthcare resource allocation.

Area of Science:

  • Health Economics
  • Decision Science
  • Health Services Research

Background:

  • Healthcare decisions are complex, involving numerous data variables and sources.
  • Economic evaluations, such as cost-effectiveness analyses, are vital frameworks for navigating these complexities.
  • The significant impact of healthcare choices necessitates high-quality analytical approaches.

Purpose of the Study:

  • To provide an overview of economic evaluation types and their function in healthcare decision-making.
  • To discuss critical study design elements, including methods, scope, results, and reporting.
  • To offer resources, including checklists and a glossary, to enhance the quality of economic evaluations.

Main Methods:

  • Review of economic evaluation frameworks and their application in healthcare.
Keywords:
cost-effectivenessdecision analysiseconomic evaluation

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  • Discussion of key considerations for study design in economic evaluations.
  • Provision of links to published checklists and supplementary information for researchers and reviewers.

    • Main Results:

    • Economic evaluations offer a structured approach to understanding tradeoffs in healthcare.
    • Adherence to expert guidelines is imperative for ensuring the quality and comprehensiveness of these analyses.
    • Resources are available to support the production and review of high-quality economic evaluations.

    Conclusions:

    • High-quality economic evaluations are essential for informed and effective healthcare decision-making.
    • Standardized methods and reporting enhance the reliability and utility of economic analyses.
    • Utilizing provided resources can improve the rigor of economic evaluation research and peer review.