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Andrew H Briggs Health Economics Research
Centre, Institute of Health Sciences, University of Oxford, Oxford
OX3 7LF
Correspondence to:
A H Briggs andrew.briggs@his.ox.ac.uk
| The first 150 words of the full text of this article appear below. |
The constant introduction of new health technologies,
coupled with limited healthcare resources, has engendered a growing interest in economic evaluation as a way of guiding decision makers towards interventions that are likely to offer maximum health gain. In
particular, cost effectiveness analyses
which compare interventions in
terms of the extra or incremental cost per unit of health outcome
obtained
have become increasingly familiar in many medical and health
service journals.
Considerable uncertainty exists in regard to valid economic
evaluations. Firstly, several aspects of the underlying methodological framework are still being debated among health economists. Secondly, there is often considerable uncertainty surrounding the data, the
assumptions that may have been used, and how to handle and express this
uncertainty. In the absence of data at the patient level sensitivity
analysis is commonly used; however, a number of alternative methods of
sensitivity analysis exist, with different implications for the
interval estimates generated