Dr. Krahn publishes in JAMA and has a book launch in December – Congratulations!

Dr. Murray Krahn and his colleagues from the Second Panel on Cost-Effectiveness in Health and Medicine publish an article in JAMA, and expect a book launch in December in Washington DC.

Concern about a lack of methodological standards, and a goal to improve the quality of cost-effectiveness analyses and promote comparability across studies, inspired the creation of the first Panel on Cost-Effectiveness in Health and Medicine, which developed an original document on standards for the conduct and reporting of a CEA in 1993.

The Second Panel on Cost-Effectiveness in Health and Medicine has been called in 2012 to update the guidelines, develop new recommendations, and review the current status of the field of cost-effectiveness analysis.

Among the Key Recommendations:

  • The concept of a "reference case" and a set of standard methodological practices that all cost-effectiveness analyses should follow to improve quality and comparability;
  • All cost-effectiveness analyses should report two reference case analyses: one based on a health care sector perspective and another based on a societal perspective;
  • Use of an "impact inventory," which is a structured table that contains consequences (both inside and outside the formal health care sector), intended to clarify the scope and boundaries of the two reference case analyses.

Article:

Sanders GD, Neumann PJ, Basu A, Brock DW, Feeny D, Krahn M, Kuntz KM, Meltzer DO, Owens DK, Prosser LA, Salomon JA, Sculpher MJ, Trikalinos TA, Russell LB, Siegel JE, Ganiats TG. Recommendations for Conduct, Methodological Practices, and Reporting of Cost-Effectiveness Analyses: Second Panel on Cost Effectiveness in Health and Medicine. JAMA. 2016;316(10):1093-1103

Editorial:
Roberts MS. The Next Chapter in Cost-effectiveness Analysis. JAMA. 2016;316(10):1049-1050. doi:10.1001/jama.2016.12844.

Adapted from: The JAMA Network Journals. "New set of recommendations developed to improve quality of cost-effectiveness analyses." ScienceDaily. ScienceDaily, 13 September 2016. .

Posted on Sept 20, 2016