The DOI matches its Crossref record; 25 of the 25 references it cites were found in a registry or an index.
The death of cost‐minimization analysis?
Open accessAbstract
Four different types of evaluation methods, cost‐benefit analysis (CBA), cost‐utility analysis (CUA), cost‐effectiveness analysis (CEA) and cost‐minimization analysis (CMA), are usually distinguished. In this note, we pronounce the (near) death of CMA by showing the rare circumstances under which CMA is an appropriate method of analysis. We argue that it is inappropriate for separate and sequential hypothesis tests on differences in effects and costs to determine whether incremental cost‐effectiveness (or cost‐utility) should be estimated. We further argue that the analytic focus should be on the estimation of the joint density of cost and effect differences, the quantification of uncertainty surrounding the incremental cost‐effectiveness ratio and the presentation of such data as cost‐effectiveness acceptability curves. Two examples from recently published CEA are employed to illustrate the issues. The first shows a situation where analysts might be tempted (inappropriately) to employ CMA rather than CEA. The second illustrates one of the rare circumstances in which CMA may be justified as a legitimate form of analysis. Copyright © 2001 John Wiley & Sons, Ltd.
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Cited by
Ramsey, S. D., Willke, R. J., Glick, H., Reed, S. D., Augustovski, F., Jonsson, B., Briggs, A., & Sullivan, S. D. (2015) · Value in Health · doi:10.1016/j.jval.2015.02.001 · Cited by 811
Self-citationHow to measure costs and benefits of ehealth interventions: An overview of methods and frameworks
Bergmo, T. S. (2015) · Journal of Medical Internet Research · doi:10.2196/jmir.4521 · Cited by 181
Petrou, S., Trinder, J., Brocklehurst, P., & Smith, L. (2006) · BJOG: An International Journal of Obstetrics & Gynaecology · doi:10.1111/j.1471-0528.2006.00998.x · Cited by 87
A cost minimisation analysis in teledermatology: model-based approach
Eminović, N., Dijkgraaf, M. G., Berghout, R. M., Prins, A. H., Bindels, P. J., & de Keizer, N. F. (2010) · BMC Health Services Research · doi:10.1186/1472-6963-10-251 · Cited by 86
Economic evaluation of nurse practitioners versus GPs in treating common conditions
Dierick-van Daele, A. T., Steuten, L. M., Metsemakers, J. F., Derckx, E. W., Spreeuwenberg, C., & Vrijhoef, H. J. (2010) · British Journal of General Practice · doi:10.3399/bjgp10x482077 · Cited by 62
Metadata
- Authors
- Briggs, A. H., & O'Brien, B. J.
- Venue
- Health Economics
- Publisher
- Wiley
- Published
- 2001-03
- Volume
- 10
- Issue
- 2
- Pages
- 179-184
- ISSN
- 1057-9230 (ISSN-L)
- 1099-1050
- OpenAlex
- W2110542139
- Cited by
- 438
- References
- 25
- FWCI
- 26.85
- Type
- journal article
- Language
- en
- Open access
- bronze
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