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Cost-Value Analysis and the SAVE: A Work in Progress, But an Option for Localised Decision Making?

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  • Jonathan Karnon
  • Andrew Partington

Abstract

Further research is required to improve the validity of the SAVE, which may include a simpler web-based survey format or a face-to-face format to facilitate more informed responses. A validated method for estimating equivalent SAVEs is unlikely to replace the QALY as the globally preferred measure of outcome, but the SAVE may provide a useful alternative for localized decision makers with relatively small, constrained budgets—for example, in programme budgeting and marginal analysis. Copyright Springer International Publishing Switzerland 2015

Suggested Citation

  • Jonathan Karnon & Andrew Partington, 2015. "Cost-Value Analysis and the SAVE: A Work in Progress, But an Option for Localised Decision Making?," PharmacoEconomics, Springer, vol. 33(12), pages 1281-1288, December.
    • Handle: RePEc:spr:pharme:v:33:y:2015:i:12:p:1281-1288
    DOI: 10.1007/s40273-015-0308-5
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    References listed on IDEAS

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    1. Paul Dolan & Rebecca Shaw & Aki Tsuchiya & Alan Williams, 2005. "QALY maximisation and people's preferences: a methodological review of the literature," Health Economics, John Wiley & Sons, Ltd., vol. 14(2), pages 197-208, February.
    2. Paul Dolan & Aki Tsuchiya, 2003. "The person trade‐off method and the transitivity principle: an example from preferences over age weighting," Health Economics, John Wiley & Sons, Ltd., vol. 12(6), pages 505-510, June.
    3. Craig Mitton & Francois Dionne & Cam Donaldson, 2014. "Managing Healthcare Budgets in Times of Austerity: The Role of Program Budgeting and Marginal Analysis," Applied Health Economics and Health Policy, Springer, vol. 12(2), pages 95-102, April.
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