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Full Description
Value of Information for Healthcare Decision-Making introduces the concept of Value of Information (VOI) use in health policy decision-making to determine the sensitivity of decisions to assumptions, and to prioritise and design future research. These methods, and their use in cost-effectiveness analysis, are increasingly acknowledged by health technology assessment authorities as vital.
Key Features:
Provides a comprehensive overview of VOI
Simplifies VOI
Showcases state-of-the-art techniques for computing VOI
Includes R statistical software package
Provides results when using VOI methods
Uses realistic decision model to illustrate key concepts
The primary audience for this book is health economic modellers and researchers, in industry, government, or academia, who wish to perform VOI analysis in health economic evaluations. It is relevant for postgraduate researchers and students in health economics or medical statistics who are required to learn the principles of VOI or undertake VOI analyses in their projects. The overall goal is to improve the understanding of these methods and make them easier to use.
Contents
1. Health Economic Modelling. 2 .A Case Study: A Novel Chemotherapy Treatment. 3. The Expected Value of Perfect or Partial Perfect Information. 4. The Expected Value of Sample Information. 5. Reporting and Presenting Value of Information Analyses. 6. Value of Information: Success Stories. 7. Value of Information for Estimation Instead of Decision Making. 8. Structural Uncertainty and Value of Information. 9. Rapid Value of Information using Minimal Modelling. 10. EVSI Portfolio Optimisation. 11. Assessing Value of Information Given Non-Optimal Previous Decisions. 12. Value of Information and Implementation.
