Value, Affordability, and Decision Making

Efficient decisions about allocating health care budgets require assessment of the effects of health care interventions and the value for money they provide. Decision-making processes leading to funding decisions should be structured and evidence-based.

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News

Just Published: Empirical Study Examining Public Preferences Regarding End of Life Treatments

24 November 2014

Just published in Social Science & Medicine [open access] is a social preference study by OHE’s Koonal Shah and the University of Sheffield’s Aki Tsuchiya and Allan…

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Implementing NICE Decisions in Wales: Opportunity Costs

10 June 2014

Just out is a new Research Paper from OHE that examines how local NHS organisations in Wales adjust spending to accommodate ‘shocks’ such as new NICE…

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Social Preferences and Burden of Illness in Value-based Assessments

11 February 2014

This recent research is intended to inform changes in NICE’s approach to assessing the value of medical technologies. Throughout the year, OHE presents a number of…

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OHE at HESG: Value-based Assessment in the UK; Developing the EQ-5D-5L

23 January 2014

OHE’s contributions focused on approaches to implementing UK value-based assessment and the details of creating an EQ-5D-5L value set for England. The Health Economists’ Study Group…

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Publication

Opportunity Costs of Implementing NICE Decisions in NHS Wales

1 June 2014

This new research from the OHE examines how Local Health Boards (LHBs) in Wales adjust spending to meet the statutory requirement of providing access to technologies…

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Publication

Can the US Afford to Ignore Cost-effectiveness Evidence?

1 March 2014

Cost-effectiveness analysis plays a limited role in US health care compared to many other countries. In this Seminar Briefing, Dr James Chambers, Center for the Evaluation…

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Publication

Projecting Expenditure on Medicines in the NHS: Second Edition

1 January 2014

The Pharmaceutical Price Regulation Scheme (PPRS) 2014 Heads of Agreement, announced on 6 November 2013, outlines the terms of the five-year deal between the pharmaceuctical industry…

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Inconsistent Use of Cost-effectiveness Thresholds in NHS Scotland

12 December 2013

This study finds an apparent mismatch in the decision making approaches of the SMC and the NHS Boards. OHE today released a Research Paper on the…

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Using MCDA to Assess the Value of Treatments for Rare Diseases

5 December 2013

A pilot study demonstrated the value of involving a range of stakeholders in MCDA for rare disease therapies. According to a study just published by the…