Are cost-inclusive evaluations worth the effort?

Eval Program Plann

Department of Psychology, University of Arizona, Tucson, AZ 85621-0462, USA.

Published: February 2009

Relative costs are as important as relative effectiveness when choosing between program alternatives or among a set of programs competing for scarce funds. Nevertheless, the number of cost-inclusive evaluations remains comparatively small. This article presents the results of three first-time cost-inclusive evaluations each performed by an experienced evaluator. Each evaluator performed a different type of cost-inclusive evaluation using different tobacco control programs as examples: "standard" cost-effectiveness analysis, threshold or break-even analysis, and a simulation model. Results are presented in terms of the challenges faced, and informational and insight benefits gained, as well as in terms of program cost-effectiveness. All three evaluators agreed that the benefits from performing cost-inclusive evaluations are well worth time and effort involved. They also found that this type of evaluation provides abundant information that can be used to improve program effectiveness and cost-effectiveness.

Download full-text PDF

Source
http://dx.doi.org/10.1016/j.evalprogplan.2008.08.008DOI Listing

Publication Analysis

Top Keywords

cost-inclusive evaluations
16
cost-inclusive
5
evaluations worth
4
worth effort?
4
effort? relative
4
relative costs
4
costs relative
4
relative effectiveness
4
effectiveness choosing
4
choosing program
4

Similar Publications

Data are the lifeblood of decision-making and provide a critical component into the complex mosaic from which decisions emerge. Evaluators and decision-makers should, therefore, continuously seek to explore the use of tools that can produce more meaningful, insightful, and useful data so that decision-making can be enhanced and improved. Traditional economic appraisal methods offer much and are very useful and relevant.

View Article and Find Full Text PDF

Toward collaborative cost-inclusive evaluation: Adaptations and transformations for evaluators and economists.

Eval Program Plann

December 2021

Department of Psychology, American University, Washington DC, USA. Electronic address:

As evaluators and economists expand their domains of research, consulting, teaching, and publication, they find themselves needing each other more and yet increasingly at odds. Often surprised at the resistance they encounter from one another, sometimes dismissive of contributions the other can make, all should consider adaptations and transformations of roles, approaches, methods, analyses, and decision-making algorithms that would allow better collaboration. The particularly multidisciplinary area of cost-inclusive evaluation requires (a) changes in approaches and methods used by evaluators and economists, (b) changes that evaluators need to make when working with economists, and (c) changes that economists need to make when working with evaluators.

View Article and Find Full Text PDF

The United States (US) spent 201 billion dollars on mental health-related concerns in 2016, ranking mental illness as the leading cause of disability and the single largest source of economic burden worldwide. With mental health-related treatment costs and economic burden only projected to rise, there is an increasing need for cost-inclusive evaluations of mental health interventions in the US. This systematic review evaluated the intervention characteristics and the quality of 9 economic evaluation studies (e.

View Article and Find Full Text PDF

Evaluating HCV screening, linkage to care, and treatment across insurers.

Am J Manag Care

August 2018

Precision Health Economics, 11100 Santa Monica Blvd, Ste 500, Los Angeles, CA 90025. Email:

Objectives: We examined how a population susceptible to hepatitis C virus (HCV) moves through the HCV screening and linkage-to-care (SLTC) continuum across insurance providers (Medicare, Medicaid, commercial) and identified opportunities for increasing the number of patients who complete the SLTC process and receive treatment.

Study Design: Discrete-time Markov model.

Methods: A cohort of 10,000 HCV-susceptible patients was simulated through the HCV SLTC process using a Markov model with parameters from published literature.

View Article and Find Full Text PDF

Commentary on "Standards of Evidence for Conducting and Reporting Economic Evaluations in Prevention Science".

Prev Sci

April 2018

Department of Psychology, American University, 4400 Massachusetts Avenue NW, Washington, DC, 20016-8062, USA.

The current paper is a commentary on the Standards of Evidence for Conducting and Reporting Economic Evaluations in Prevention Science (Crowley et al. 2018). Although the standards got a lot right, some important issues were not addressed or could be explored further.

View Article and Find Full Text PDF

Want AI Summaries of new PubMed Abstracts delivered to your In-box?

Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!