IDEAS home Printed from https://ideas.repec.org/p/ohe/briefg/000444.html
   My bibliography  Save this paper

Trends in Economic Evaluation

Author

Listed:
  • Clive Pritchard

Abstract

The aim of this paper is to consider recent trends in the volume and characteristics of economic evaluation literature by interrogating the Health Economic Evaluations Database (HEED), and to offer some comments on how the quality of such studies can be assessed by reviewing existing work which has considered this issue. HEED has been developed as a joint initiative between the Office of Health Economics (OHE) and the International Federation of Pharmaceutical Manufacturers' Associations (IFPMA). The main aim of the database is to provide structured summaries (reviews) of articles appearing in the literature relevant to the economic assessment of health technologies including articles which are themselves reviews of the literature. The database also includes, in bibliographic detail, entries from existing databases of economic evaluation literature, as discussed below. The structure of the paper is as follows. Section two provides an overview of the data included on HEED and the way in which it is compiled. Section three presents information on the growth in literature, including the total numbers of references, and gives a breakdown by type of entry, for example the numbers of applied studies as compared with the numbers of reviews of applied studies. Applied economic evaluation studies are those which make an original attempt to bring together information on costs and outcomes, and include not only those studies which are based on the collection of original (primary) clinical or cost data, but also those which rely on the adaptation of secondary data (literature) sources, such as modelling studies. Other applied studies which are not economic evaluations (cost of illness studies and cost analyses) incorporate an original element of cost estimation. The distribution by type of economic evaluation (e.g. cost effectiveness analysis, cost utility analysis) across applied studies is also presented. The glossary of terms in Box 1 gives definitions of the different types of evaluation considered relevant to be included in HEED. Section four concentrates exclusively on examining a number of aspects of applied studies. Firstly, in order to give an idea of the subject matter covered by these studies, the spread across disease areas will be illustrated by comparing the distribution for 1992 and 1996 over the chapters of the International Classification of Diseases (Clinical Modifications), ninth revision (ICD-9) classification system for 1992 and 1996. Similar comparisons are presented for the distribution of pharmaceutical evaluations across the chapters of the Anatomical Therapeutic Chemical (ATC) classification scheme and for all applied studies across types of technology (pharmaceutical, surgical, screening etc.). The distinction between pharmaceuticals and other types of technology is examined in comparing the distribution of study by type of sponsor and by study design, focusing specifically on studies which can be classified as economic evaluations alongside randomized trials. Separate consideration is given to cost utility analyses to explore how utility measurement has been undertaken, while the final two sub-sections investigate the use of sensitivity analysis and discounting in all applied studies. The topics covered in section four were selected on the basis either for comparison with the findings of previous studies charting trends in the economic evaluation literature or because it is a methodological issue of interest. For example. Mason and Drummond (1995) have described the distribution of entries in the Department of Health Register of Cost-Effectiveness Studies according to ICD-9 chapter while, in their economic evaluation bibliography, Elixhauser et al. (1993) discuss the types of technology assessed. Methodological aspects of the literature that have been addressed include the conduct of economic evaluations alongside clinical trials (Drummond and Davies, 1991), the quality of cost-utility analyses (Gerard, 1992) and the use of sensitivity analyses (Briggs and Sculpher, 1992). Although the paper does not attempt to provide an in-depth discussion of the quality of studies, the discussion should be of interest to readers of previous overviews of the economic evaluation literature, such as Warner and Mutton (1980) and Elixhauser et al. (1993). Comments will be made in section live about the difficulties of making quality assessments and the usefulness of the typical checklist approach used by researchers when attempting to assess the quality of economic evaluations (e.g. Udvarhelyi, 1992). As part of this section, a number of studies assessing the quality of economic evaluations will be reviewed. Finally, section six will draw together some conclusions and suggest possibilities for further research.

Suggested Citation

  • Clive Pritchard, 1998. "Trends in Economic Evaluation," Briefing 000444, Office of Health Economics.
  • Handle: RePEc:ohe:briefg:000444
    as

    Download full text from publisher

    File URL: https://www.ohe.org/publications/trends-economic-evaluation/attachment-247-1998_trends_in_economic_eval_pritchard_/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Darrin Baines;Keith Tolley;David Whynes, 1997. "Prescribing, Budgets and Fundholding in General Practice," Series on Health 000426, Office of Health Economics.
    2. Gerard, Karen, 1992. "Cost-utility in practice: A policy maker's guide to the state of the art," Health Policy, Elsevier, vol. 21(3), pages 249-279, July.
    3. Trevor A. Sheldon, 1996. "Problems of using modelling in the economic evaluation of health care," Health Economics, John Wiley & Sons, Ltd., vol. 5(1), pages 1-11, January.
    4. Adrian Towse, 1997. "Guidelines for the Economic Evaluation of Pharmaceuticals: Can the UK learn from Australia and Canada?," Monograph 000423, Office of Health Economics.
    5. Nick Freemantle & Alan Maynard, 1994. "Something rotten in the state of clinical and economic evaluations?," Health Economics, John Wiley & Sons, Ltd., vol. 3(2), pages 63-67, March.
    6. Andrew Briggs & Mark Sculpher, 1995. "Sensitivity analysis in economic evaluation: A review of published studies," Health Economics, John Wiley & Sons, Ltd., vol. 4(5), pages 355-371, September.
    7. James Mason & Mike Drummond, 1995. "The DH register of cost-effectiveness studies: a review of study content and quality," Working Papers 128chedp, Centre for Health Economics, University of York.
    8. Reinhardt, Uwe E., 1997. "Making economic evaluations respectable," Social Science & Medicine, Elsevier, vol. 45(4), pages 555-562, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jeffrey Hoch & Carolyn Dewa, 2007. "Lessons from Trial-Based Cost-Effectiveness Analyses of Mental Health Interventions," PharmacoEconomics, Springer, vol. 25(10), pages 807-816, October.
    2. Mark J. Sculpher & Bernie J. O'Brien, 2000. "Income Effects of Reduced Health and Health Effects of Reduced Income:," Medical Decision Making, , vol. 20(2), pages 207-215, April.
    3. Nick Marchant, 1998. "Tuberculosis," Series on Health 000445, Office of Health Economics.
    4. Office of Health Economics, 1998. "Controlling NHS Expenditure: The Impact of Labour’s NHS White Papers," Monograph 000435, Office of Health Economics.
    5. Hannah Kettler, 1998. "Competition through Innovation, Innovation through Competition," Monograph 000434, Office of Health Economics.
    6. Mark Sculpher & Michael Palmer & Anne Heyes, 2000. "Costs Incurred by Patients Undergoing Advanced Colorectal Cancer Therapy," PharmacoEconomics, Springer, vol. 17(4), pages 361-370, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Damian Walker & Julia A. Fox‐Rushby, 2000. "Economic evaluation of communicable disease interventions in developing countries: a critical review of the published literature," Health Economics, John Wiley & Sons, Ltd., vol. 9(8), pages 681-698, December.
    2. John Hutton, 2012. "‘Health Economics’ and the evolution of economic evaluation of health technologies," Health Economics, John Wiley & Sons, Ltd., vol. 21(1), pages 13-18, January.
    3. Michael F. Drummond;Adrian Towse, 1998. "From Efficacy to Cost-Effectiveness," Briefing 000438, Office of Health Economics.
    4. Francis Pang & Mike Drummond & Fujian Song, 1999. "The use of meta-analysis in economic evaluation," Working Papers 173chedp, Centre for Health Economics, University of York.
    5. Steve Morgan & Morris Barer & Robert Evans, 2000. "Health economists meet the fourth tempter: drug dependency and scientific discourse," Health Economics, John Wiley & Sons, Ltd., vol. 9(8), pages 659-667, December.
    6. Lessard, Chantale, 2007. "Complexity and reflexivity: Two important issues for economic evaluation in health care," Social Science & Medicine, Elsevier, vol. 64(8), pages 1754-1765, April.
    7. Maynard, Alan & McDaid, David, 2003. "Evaluating health interventions: exploiting the potential," Health Policy, Elsevier, vol. 63(2), pages 215-226, February.
    8. Mark J. C. Nuijten & Pieter H. A. J. M. Van Gelder, 2011. "A Concise Equation That Captures the Essential Elements of One-Way Sensitivity Analyses in Health Economic Models," Medical Decision Making, , vol. 31(4), pages 642-649, July.
    9. Richard H. Chapman & Marc Berger & Milton C. Weinstein & Jane C. Weeks & Sue Goldie & Peter J. Neumann, 2004. "When does quality‐adjusting life‐years matter in cost‐effectiveness analysis?," Health Economics, John Wiley & Sons, Ltd., vol. 13(5), pages 429-436, May.
    10. Isaac Corro Ramos & Maureen P. M. H. Rutten-van Mölken & Maiwenn J. Al, 2013. "The Role of Value-of-Information Analysis in a Health Care Research Priority Setting," Medical Decision Making, , vol. 33(4), pages 472-489, May.
    11. Hossein Haji Ali Afzali & Jonathan Karnon & Jodi Gray, 2012. "A proposed model for economic evaluations of major depressive disorder," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(4), pages 501-510, August.
    12. Grieve, Richard & Hutton, John & Green, Colin, 2003. "Selecting methods for the prediction of future events in cost-effectiveness models: a decision-framework and example from the cardiovascular field," Health Policy, Elsevier, vol. 64(3), pages 311-324, June.
    13. Danzon, Patricia M & Chao, Li-Wei, 2000. "Does Regulation Drive out Competition in Pharmaceutical Markets?," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 311-357, October.
    14. Office of Health Economics, 1998. "Controlling NHS Expenditure: The Impact of Labour’s NHS White Papers," Monograph 000435, Office of Health Economics.
    15. Hugh S.E. Gravelle, 1998. "Ex post Value Reimbursement for Pharmaceuticals," Medical Decision Making, , vol. 18(2_suppl), pages 27-38, April.
    16. Karen Gerard & Gavin Mooney, 1993. "Qaly league tables: Handle with care," Health Economics, John Wiley & Sons, Ltd., vol. 2(1), pages 59-64, April.
    17. David J. Vanness & W. Ray Kim, 2002. "Bayesian estimation, simulation and uncertainty analysis: the cost‐effectiveness of ganciclovir prophylaxis in liver transplantation," Health Economics, John Wiley & Sons, Ltd., vol. 11(6), pages 551-566, September.
    18. K Cooper & S C Brailsford & R Davies, 2007. "Choice of modelling technique for evaluating health care interventions," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 58(2), pages 168-176, February.
    19. Salkeld, Glenn & Davey, Peter & Arnolda, Gaston, 1995. "A critical review of health-related economic evaluations in Australia: implications for health policy," Health Policy, Elsevier, vol. 31(2), pages 111-125, February.
    20. Michael J. Zoratti & A. Simon Pickard & Peep F. M. Stalmeier & Daniel Ollendorf & Andrew Lloyd & Kelvin K W Chan & Don Husereau & John E. Brazier & Murray Krahn & Mitchell Levine & Lehana Thabane & Fe, 2021. "Evaluating the conduct and application of health utility studies: a review of critical appraisal tools and reporting checklists," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(5), pages 723-733, July.

    More about this item

    Keywords

    Trends in Economic Evaluation;

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ohe:briefg:000444. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Publications Manager (email available below). General contact details of provider: https://edirc.repec.org/data/ohecouk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.