2010
DOI: 10.1590/s1679-45082010rb1567
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Markov Models in health care

Abstract: Markov Chains provide support for problems involving decision on uncertainties through a continuous period of time. The greater availability and access to processing power through computers allow that these models can be used more often to represent clinical structures. Markov models consider the patients in a discrete state of health, and the events represent the transition from one state to another. The possibility of modeling repetitive events and time dependence of probabilities and utilities associated pe… Show more

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Cited by 26 publications
(18 citation statements)
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“…As a model alternative in health economic evaluation, the Markov model can deal with more complex decision problems and is able to be applied for longer pathways/sequences, particularly for recurrent outcomes (Stahl, 2008;Sato and Zouain, 2010). Markov state refers patients are staying in one health state and can move from their current state to another state over discrete time period.…”
Section: Markov Modelmentioning
confidence: 99%
See 1 more Smart Citation
“…As a model alternative in health economic evaluation, the Markov model can deal with more complex decision problems and is able to be applied for longer pathways/sequences, particularly for recurrent outcomes (Stahl, 2008;Sato and Zouain, 2010). Markov state refers patients are staying in one health state and can move from their current state to another state over discrete time period.…”
Section: Markov Modelmentioning
confidence: 99%
“…Sometimes, when it is intended to input parameters such as transition probabilities, for instance from systematic reviews, the confusion between "rate" and "probability" exists. Transition probabilities gathered from literature reviews do not exactly reflect the model's cycle that we construct (Sato, 2010). Rates are potential occurrence of an event in defined population and defined time.…”
Section: Figure 3 Markov Modelfor Cost-utility Analysis Of Veraniclimentioning
confidence: 99%
“…The fundamentals of our model are based on queuing theory and Markov's chains, since Markov models suppose the patients in a discrete state of health, and the events may represent the transition from one state to another. Furthermore, these approaches allow to model repetitive events and time dependence of probabilities [26]. So, we assume that events arrive to the system according to a homogeneous Poisson process with rate λ and to be consistent with an exponential distribution.…”
Section: B Mathematical Model For Dimensioning the Event-based Systemmentioning
confidence: 99%
“…To handle this growing demand, economic analysis tools can be applied to new healthcare technologies to support decision-making in public health that aims for rational and efficient use of available resources [7,8].…”
Section: Introductionmentioning
confidence: 99%
“…Markov models have been widely used to evaluate new technologies and to compare healthcare strategies around the world. In comparing two strategies, the Markovian model provides the Incremental Cost-Effectiveness Ratio (ICER) as the primary result [8]. This ratio shows the additional cost required to save 1 year of life (adjusted or not by quality of life) using one strategy compared to a baseline strategy.…”
Section: Introductionmentioning
confidence: 99%