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Economic evaluation of diagnostic technology. Methodological challenges and viable solutions
F Sassi1, M McKee, J A Roberts
1London School of Economics and Political Science.
Summary
Economic evaluation methods require improvement, especially for diagnostic technologies. This review identifies key challenges and proposes solutions for better decision-making in healthcare economics.
Area of Science:
- Health Economics
- Medical Decision Making
- Diagnostic Technology Assessment
Background:
- Economic evaluation is crucial for healthcare decisions, with growing evidence supporting its use.
- Current assessment methods for diagnostic technologies need refinement to improve accuracy and reliability.
- Methodological challenges are particularly pronounced in the economic evaluation of diagnostic technologies.
Purpose of the Study:
- To conduct a comprehensive review of methodological challenges in the economic evaluation of diagnostic technology.
- To identify key areas for research and propose solutions to improve economic evaluation methods.
- To enhance the understanding and application of economic principles in healthcare policy and clinical practice.
Main Methods:
- Comprehensive literature review focusing on methodological challenges in economic evaluation of diagnostic technology.
- Identification and prioritization of research areas based on the review findings.
- Development of proposed methodological solutions to address identified challenges.
Main Results:
- Four main research areas were prioritized: modeling complexity, opportunity cost of shared resources, eliciting utility functions for diagnostic tests, and assessing decision robustness.
- Methodological solutions are proposed to capture usually neglected elements and relationships in decision-making.
- Recognition of the inductive cognitive component in decision-making processes is highlighted.
Conclusions:
- Improvements in economic evaluation methods are essential for informed healthcare decisions, particularly for diagnostic technologies.
- Addressing identified methodological challenges will lead to more robust and reliable economic evaluations.
- The proposed solutions aim to enhance the accuracy and comprehensiveness of economic assessments in healthcare.
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