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New Research by OHE and University of Glasgow on cost of QALYs in Scotland
17 December 2012
New health care technologies often improve health but also increase costs. Judging whether they are good value for money involves comparing what QALYs are gained from new technologies, compared to…
Valuing Orphan Medicines Using Multi-Criteria Decision Analysis
7 May 2013
OHE has just released a research paper that describes an experimental study intended to test whether and how a multi-criteria decision analysis (MCDA) approach can be applied to orphan medicinal…
Defining Innovation in Medicines and Transforming it into Value
3 July 2013
…here, and on Shah, K.K., Mestre-Ferrandiz, J., Towse, A. and Smythe, E.N. (2013) A review of health technology appraisals: case studies in oncology. International Journal of Technology Assessment in Health Care. 29(1),…
Inconsistent Use of Cost-effectiveness Thresholds in NHS Scotland
12 December 2013
…then, is fundamentally different from that of the Scottish Medicines Consortium (SMC), which bases its health technology assessments around the incremental cost per QALY. This apparent mismatch between the approaches…
Appraising Ultra-Orphan Drugs: Is Cost-per-QALY Appropriate?
22 March 2018
…method and process guide embraced a wide range of decision-making criteria to consider factors beyond direct health benefits captured by quality-adjusted life years (QALYs). Key changes to the HST method…
OHE Lunchtime Seminar: How Do We Measure the ‘Value’ in Value-based Care?
19 August 2019
…which providers are paid based on the amount of healthcare services they deliver. The “value” in value-based healthcare is derived from measuring health outcomes against the cost of delivering the…
OHE Authors Develop a Supply and Demand Model of Pharmaceutical Markets to Set Cost-Effectiveness Thresholds to Maximise and Distribute Social Welfare
15 June 2020
…health care system sustainability. Institute of Health Economics. Available at https://www.ihe.ca/publications/theoretical-models-of-the-cost-effectiveness-threshold-value-assessment-and-health-care-system-sustainability Binmore, K., Rubinstein, A., & Wolinsky, A. (1986). The Nash bargaining solution in economic modelling. The RAND Journal of Economics, 176-188….
Does the New CBO Report Change Anything?
15 September 2021
…to healthcare. Broader reform of the US healthcare system is required to address these fundamental issues. Endnote: No explanation is provided in the latest CBO simulation study for the assertion…
Residue of Poliomyelitis
7 January 1965
…disorders, and can take as many different forms as blindness, deafness, mental sub-normality… One of the consequences of ill health which can have the profoundest social and economic effect is…