Evaluating the costs and effectiveness of cardiovascular therapies: who cares about economic analyses?

Published

Journal Article

The field of cardiovascular medicine is providing important insights about how the costs and effectiveness of diagnostic and therapeutic technologies are managed. As health-care budgets have taken up more of the economy and as employers and patients have become concerned about the escalating costs of health care, we have entered an era in which individual practitioners must become concerned with the costs of a service relative to its benefits. Further, increasing numbers of effective therapies in a time when finances are notably constrained, we clearly cannot use all effective therapies in all patients. Increasingly, therefore, we must assess the value derived from spending incremental money on health care products and services. This exercise has been termed cost-effectiveness analysis. The case of the platelet glycoprotein IIb/IIIa inhibitor, abciximab, is used to illustrate many of the issues surrounding the collection, interpretation, and (mis) application of cost-effectiveness data.

Full Text

Duke Authors

Cited Authors

  • Califf, RM

Published Date

  • October 2002

Published In

Volume / Issue

  • 21 / 19

Start / End Page

  • 2889 - 2897

PubMed ID

  • 12325105

Pubmed Central ID

  • 12325105

Electronic International Standard Serial Number (EISSN)

  • 1097-0258

International Standard Serial Number (ISSN)

  • 0277-6715

Digital Object Identifier (DOI)

  • 10.1002/sim.1293

Language

  • eng