Friday, 20 February 2015

Methods for the estimation of the NICE cost effectiveness threshold

Methods for the estimation of the NICE cost effectiveness threshold Cost-effectiveness analysis used by NICE is essentially an assessment of whether the health expected to be gained from the use of a new medical technology exceeds the health likely to be forgone as other NHS activities are displaced to accommodate the additional costs of the new technology. The cost-effectiveness threshold represents an estimate of the health forgone as services are displaced. Currently the threshold used by NICE has little empirical basis. The aim of this research project is to develop and to demonstrate methods for threshold estimation which make best use of routinely available NHS data, allowing scrutiny by a range of stakeholders, improving accountability and predictability. Centre for Health Economics, University of York

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