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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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…

2014 Opportunity New
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…

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Critique of Research Proposing to Lower NICE’s Cost-per-QALY Threshold to £12,936

2 December 2013

This paper counters recent research that recommended NICE lower its threshold from the current official £20,000-£30,000. Critique of CHE Research Paper 81: Methods for the Estimation…

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NICE Decisions: Cost-effectiveness is the Most Significant Predictor

21 November 2013

Using data for 1999-2011, this thorough analysis explores what has most influenced NICE’s decisions and whether this has changed. Established in 1999, the National Institute for…

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What Is the Role of Cost-Effectiveness Evidence in US Health Care?

31 July 2013

At an OHE seminar last week, Dr James Chambers of Tufts Medical School examined the role cost-effectiveness evidence plays in health care resource allocation in the…