Toward Development of a New Health Economic Evaluation Definition

Alexei BOTCHKAREV

Abstract


Abstract. Economic evaluation (EE) is a dynamically advancing knowledge area of health economics. It has been conceived to provide evidence for allocating scarce resources to gain the best value for money. The problem of efficiency of investments becomes even more crucial with advances in modern medicine and public health which bring about both improved patient outcomes and higher costs. Despite the abundance of literature on the EE concepts, some key notions including the definition of the health economic evaluation remain open for discussion. Academic literature offers a large number and growing variety of EE definitions. It testifies to the fact that existing definitions do not meet economists’ requirements. The aim of this study was to examineexisting definitions and reveal their common features.

Keywords. Economic evaluation, Health care, Definition, Evidence-informed policy, Health technology assessment, Health economics.

JEL. D61, I18, I10, I11, O30.

Keywords


Economic evaluation; Health care; Definition; Evidence-informed policy; Health technology assessment; Health economics.

Full Text:


References


Ackerman, S.J., Mafilios, M.S., & Polly Jr, D.W. (2002). Economic evaluation of bone morphogenetic protein versus autogenous iliac crest bone graft in single-level anterior lumbar fusion: an evidence-based modeling approach. Spine, 27(16S), S94-S99.

Andrews, G.J. (2005). Addressing efficiency: Economic evaluation and the agenda for CAM researchers. Complementary Therapies in Clinical Practice, 11(4), 253-261. doi. 10.1016/j.ctcp.2005.04.001

Bergmo, T.S. (2009). Can economic evaluation in telemedicine be trusted? A systematic review of the literature. Cost Effectiveness and Resource Allocation, 7(1), 18. doi. 10.1186/1478-7547-7-18

Bhowmik, D., Duraivel, S., Rajalakshmi, A.N., & Kumar, S. (2014). Pharmacoeconomics - A Review. Pharmacy, 69, 23672-23675.

BMJ Clinical Evidence, (n.d). [Retrieved from]. (Accessed April 29, 2016)

Bowling, A. (2014). Research methods in health: investigating health and health services. McGraw-Hill Education (UK).

Boyers, D., Avenell, A., Stewart, F., Robertson, C., Archibald, D., Douglas, F., Hoddinott, P., & van Teijlingen, E. (2015). A systematic review of the cost-effectiveness of non-surgical obesity interventions in men. Obesity Research & Clinical Practice, 87(4), 310-327. doi. 10.1016/j.orcp.2015.03.001

Brousselle, A., & Lessard, C. (2011). Economic evaluation to inform health care decision-making: promise, pitfalls and a proposal for an alternative path. Social Science & Medicine, 72(6), 832-839. doi. 10.1016/j.socscimed.2011.01.008

Brouwer, W., Van Exel, J., Van Baal, P., & Polder, J. (2007). Economics and public health: engaged to be happily married! The European Journal of Public Health, 17(2), 122-123. doi. 10.1093/eurpub/ckl074

Button, M.L., Sprague, S., Gharsaa, O., LaTouche, S., & Bhandari, M. (2009). Economic evaluation of bone stimulation modalities: A systematic review of the literature. Indian Journal of Orthopaedics, 43(2), 168-174. doi. 10.4103-2F0019-5413.50852

Byford, S., & Barrett, B. (2010). Ethics and economics: the case for mental healthcare. Advances in Psychiatric Treatment, 16(6), 468-473. doi. 10.1192/apt.bp.107.005355

Centers for Disease Control and Prevention –CDC, (n.d). Division for Heart Disease and Stroke Prevention (DHDSP). Glossary of Terms. [Retrieved from].

De Salazar, L., Jackson, S., Shiell, A., & Rice, M. (2007). Guide to economic evaluation in health promotion. Washington: Pan American Health Organisation. [Retrieved from].

Drummond, M.F., Sculpher, M.J., Claxton, K., Stoddart, G.L., & Torrance, G.W. (2015). Methods for the Economic Evaluation of Health Care Programmes. Oxford university press.

Dunet, D.O. (2012). Introduction to Economic Evaluation. Centers for Disease Control and Prevention, Division for Heart Disease and Stroke Prevention (DHDSP) Coffee Break webinar series, Jan. 10, 2012. [Retrieved from].

Edlin, R., McCabe, C., Hulme, C., Hall, P., & Wright, J. (2015). Economic Evaluation, Cost Effectiveness Analysis and Health Care Resource Allocation. In Cost Effectiveness Modelling for Health Technology Assessment, pp. 1-13. Springer International Publishing.

European Glaucoma Society, (2008). Terminology and Guidelines for Glaucoma.3rd Edition. [Retrieved from].

Ferrusi, I.L., Leighl, N.B., Kulin, N.A., & Marshall, D.A. (2011). Do economic evaluations of targeted therapy provide support for decision makers? Journal of Oncology Practice, 7(3S), 36s-45s. doi. 10.1200/JOP.2011.000315

Ford, E. (2012). Evaluation of the cost effectiveness of hawthorn extract as an adjunctive treatment for heart failure within Australia PhD Thesis, School of Population Health, The University of Queensland. [Retrieved from].

Ford, E., Solomon, D., Adams, J., & Graves, N., (2010). The use of economic evaluation in CAM: an introductory framework. BMC Complementary and Alternative Medicine, 10(1), 66. doi. 10.1186/1472-6882-10-66

Fox-Rushby, J., & Cairns, J. (2005). Economic evaluation. McGraw-Hill Education.

Fragoulakis, V., Mitropoulou, C., Williams, M., & Patrinos, G.P., (2015). Economic Evaluation in Genomic Medicine. Academic Press.

Gospodarevskaya, E., & Westbrook, J.I., (2014). Call for discussion about the framework for categorizing economic evaluations of health information systems and assessing their quality. Journal of the American Medical Informatics Association, 21(1), 190-191. doi. 10.1136/amiajnl-2013-002240

Herman, P.M., Craig, B.M., & Caspi, O., (2005). Is complementary and alternative medicine (CAM) cost-effective? A systematic review. BMC Complementary and Alternative Medicine, 5(1), 11. 10.1186/1472-6882-5-11

Hiligsmann, M., 2010. Evaluation économique de la prise en charge de l'ostéoporose (Doctoral dissertation, Université de Liège, Belgique). [Retrieved from].

Hoch, J.S., & Dewa, C.S., (2005). An introduction to economic evaluation: what's in a name? Canadian Journal of Psychiatry, 50(3), 159-166. doi. 10.1177/070674370505000305

HTA Glossary, (2016). [Retrieved from]. Accessed April 2016.

Jönsson, B. (2004). Changing health environment: the challenge to demonstrate cost-effectiveness of new compounds. Pharmacoeconomics, 22(4), 5-10. doi. 10.2165/00019053-200422004-00003

Keehan, S.P., Cuckler, G.A., Sisko, A.M., Madison, A.J., Smith, S.D., Stone, D.A., Poisal, J.A., Wolfe, C.J., & Lizonitz, J.M. (2015). National health expenditure projections, 2014–24: spending growth faster than recent trends. Health Affairs, 34(8), 1407-1417. doi. 10.1377/hlthaff.2015.0600

Kernick, D. (2002). Getting health economics into practice. Radcliffe Publishing.

Kernick, D.P. (2003). Introduction to health economics for the medical practitioner. Postgraduate Medical Journal, 79(929), 147-150. doi. 10.1136/pmj.79.929.147

Kumaranayake, L. (2002). Cost-effectiveness and economic evaluation of HIV/AIDS-related interventions: the state of the art. State of the Art: AIDS and Economics, pp.64-74.

Kuper, H., Jofre-Bonet, M., & Gilbert, C. (2006). Economic evaluation for ophthalmologists. Ophthalmic Epidemiology, 13(6), 393-401. doi. 10.1080/09286580600760539

Lambert, C.M., & Hurst, N.P. (1995). Health economics as an aspect of health outcome: basic principles and application in rheumatoid arthritis. Rheumatology, 34(8), 774-780. doi. 10.1093/rheumatology/34.8.774

Lenoir-Wijnkoop, I., Jones, P.J., Uauy, R., Segal, L., & Milner, J. (2013). Nutrition economics–food as an ally of public health. British Journal of Nutrition, 109(05), 777-784. doi. 10.1017/S0007114512005107

Levin, C. (2013). Economic Evaluation for Global Health Programs. CFAR Workshop 2013. University of Washington, Department of Global Health. [Retrieved from]. Accessed April 29, 2016.

Luyten, J., Naci, H., & Knapp, M. (2016). Economic evaluation of mental health interventions: an introduction to cost-utility analysis. Evidence Based Mental Health, doi. 10.1136/eb-2016-102354

Mateus, C., & Coloma, J., (2013). Health economics and cost of illness in Parkinson’s disease, European Neurological Review, 8(1), 6-9. doi. 10.17925/ENR.2013.08.01.6

McIntosh, E., & Luengo-Fernandez, R. (2006). Economic evaluation. Part 1: Introduction to the concepts of economic evaluation in health care. Journal of Family Planning and Reproductive Health Care, 32(2), 107-112.

Miller, P. (2009). An Introduction to Health Economic Evaluation. The NIHR RDS for the East Midlands / Yorkshire & the Humber. [Retrieved from].

National Institute for Health and Clinical Excellence (NICE). 2009. Guide to the Single Technology Appraisal Process. NICE. [Retrieved from]. Accessed 20th April 2016.

National Institute for Health and Clinical Excellence (NICE). 2013. Guide to the Methods of Technology Appraisal 2013. [Retrieved from]. Accessed 20th April 2016.

Neymark, N., (2005). Economics applied to respiratory supportive care. Supportive Care in Respiratory Disease, p.79.

NICHSR (National Information Center on Health Services Research and Health Care Technology). Glossary of Frequently Encountered Terms in Health Economics. [Retrieved from]. Accessed April 29, 2016.

Noyes, K., & Holloway, R.G. (2004). Evidence from cost-effectiveness research. NeuroRx, 1(3), 348-355. doi. 10.1602/neurorx.1.3.348

O'Reilly, D., Gaebel, K., Xie, F., Tarride, J.E., & Goeree, R. (2011). Health economic evaluations help inform players of the best use of scarce health care resources. International Journal of Circumpolar Health, 70(4), 419-427.

Pitman, A. (2012). Reform of the coroners’ service in England and Wales: policy-making and politics. The Psychiatrist Online, 36(1), 1-5. doi. 10.1192/pb.bp.111.036335

Pitt, C., Goodman, C., & Hanson, K. (2016). Economic evaluation in global perspective: A bibliometric analysis of the recent literature. Health Economics, 25(S1), 9-28. doi. 10.1002/hec.3305

Price, C.P., & Christenson, R.H. (2003). Evidence-based laboratory medicine: from principles to outcomes. Amer. Assoc. for Clinical Chemistry.

Qizilbash, N. (2008). 10 Evidence-based Economic. Evidence based Dementia Practice, p.64.

Rabarison, K.M., Bish, C.L., Massoudi, M.S., & Giles, W.H. (2015). Economic evaluation enhances public health decision making. Frontiers in Public Health 3. doi. 10.3389/fpubh.2015.00164

Revill, P., Ochalek, J., Lomas, J., Nakamura, R., Woods, B., Rollinger, A., Suhrcke, M., Sculpher, M., & Claxton, K. (2015). Cost-effectiveness thresholds: guiding health care spending for population health improvement. [Retrieved from].

Robinson, R. (1993). Economic evaluation and health care. What does it mean? British Medical Journal, 307(6905), 670-673.

Rodríguez-Blázquez, C., Forjaz, M.J., Lizán, L., Paz, S., & Martínez-Martín, P. (2015). Estimating the direct and indirect costs associated with Parkinson’s disease. Expert Review of Pharmacoeconomics & Outcomes Research, 15(6), 889-911. doi. 10.1586/14737167.2015.1103184

Rovithis, D. (2009). Health economic evaluation: in need of more analytical rigor or more practical relevance? Expert Review of Pharmacoeconomics & Outcomes Research, 9(2), 107-110. doi. 10.1586/erp.09.4

Samuelson, P.A. (1976). Economics. New York, McGraw Hill.

Shiell, A. (2007). In search of social value. Int J Public Health, 52, 333-334. doi. 10.1007/s00038-007-0230-5

Shiell, A., Donaldson, C., Mitton, C., & Currie, G. (2002). Health economic evaluation. Journal of Epidemiology and Community Health, 56(2), 85-88. doi. 10.1136/jech.56.2.85

Simoens, S. (2011). Factors affecting the cost effectiveness of antibiotics. Chemotherapy Research and Practice. 2011, doi. 10.1155/2011/249867

Søgaard, R., Kløjgaard, M.E., & Olsen, J. (2010). Methods for cost‐effectiveness evaluation alongside trials in spine surgery, No. 2010/5. COHERE-Centre of Health Economics Research, University of Southern Denmark.

Suchecka, J., & Jewczak, M. (2014). Cost-Benefit Analysis in the study of the effectiveness of health programs. 8th Professor AleksanderZelias International Conference on Modelling and Forecasting of Socio-Economic Phenomena. 194-203. [Retrieved from].

Suh, G.H., & Han, C. (2008). Mental health economics, health service provision, and the practice of geriatric psychiatry. Current Opinion in Psychiatry, 21(6), 546-550. doi. 10.1097/YCO.0b013e32830f1bd5

Sutton, A.J., Breheny, K., Deeks, J., Khunti, K., Sharpe, C., Ottridge, R.S., Stevens, P.E., Cockwell, P., Kalra, P.A., Lamb, E.J., & eGFR-C Study Group, (2015). Methods used in economic evaluations of chronic kidney disease testing - A systematic review. PloS One, 10(10), p.e0140063. doi. 10.1371/journal.pone.0140063

Teerawattananon, Y., & Russell, S. (2008). The greatest happiness of the greatest number? Policy actors' perspectives on the limits of economic evaluation as a tool for informing health care coverage decisions in Thailand. BMC Health Services Research, 8(1), 1. doi. 10.1186/1472-6963-8-197

Tomson, T. (2005). Telephone support for smoking cessation: The Swedish example. Institutionenförfolkhälsovetenskap/Department of Public Health Sciences. [Retrieved form].

Torrance, G.W. (1997). Preferences for health outcomes and cost-utility analysis. The American Journal of Managed Care, 3(Suppl 1), S8-S20.

Toumi, M., Remuzat, C., El-Hammi, E., Millier, A., Aballéa, S., Chouaid, C. & Falissard, B. (2015). Current process and future path for health economic assessment of pharmaceuticals in France. Journal of Market Access & Health Policy, 3, 24966. doi. 10.3402/jmahp.v3.24966

UNAIDS (Joint United Nations Programme on HIV/AIDS). N.d. Glossary. Monitoring and Evaluation Terms.[Retrieved from]. Accessed April 10, 2016.

Vale, L., Thomas, R., MacLennan, G., & Grimshaw, J. (2007). Systematic review of economic evaluations and cost analyses of guideline implementation strategies. The European Journal of Health Economics 8(2), 111-121. doi. 10.1007/s10198-007-0043-8

van den Biggelaar, F.J., Cheng, Y.Y., Nuijts, R.M., Schouten, J.S., Wijdh, R.J., Pels, E., Van Cleynenbreugel, H., Eggink, C.A., Zaal, M.J., Rijneveld, W.J., & Dirksen, C.D., (2011). Economic evaluation of deep anterior lamellar keratoplasty versus penetrating keratoplasty in The Netherlands. American Journal of Ophthalmology, 151(3), 449-459. doi. 10.1016/j.ajo.2010.09.012

Zhang, Z. (2009). A Systematic Review of Economic Evaluations for Interventions of Cardiovascular Diseases. [Retrieved from].




DOI: http://dx.doi.org/10.1453/jeb.v3i4.1005

Refbacks

  • There are currently no refbacks.


.......................................................................................................................................................................................................................................................................................................................................

Journal of Economics Bibliography - J. Econ. Bib.  - JEB - www.kspjournals.org

ISSN: 2149-2387. Editor : editor-jeb@kspjournals.org   Secretarial: secretarial@kspjournals.org   Istanbul - Turkey.

Copyright © KSP Journals