2020
DOI: 10.1177/0272989x20973201
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Extrapolating Parametric Survival Models in Health Technology Assessment: A Simulation Study

Abstract: Extrapolations of parametric survival models fitted to censored data are routinely used in the assessment of health technologies to estimate mean survival, particularly in diseases that potentially reduce the life expectancy of patients. Akaike’s information criterion (AIC) and Bayesian information criterion (BIC) are commonly used in health technology assessment alongside an assessment of plausibility to determine which statistical model best fits the data and should be used for prediction of long-term treatm… Show more

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Cited by 28 publications
(33 citation statements)
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References 17 publications
(20 reference statements)
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“…We considered three distinct approaches to obtaining a LY estimate. First, we chose the single best-fitting models for each arm independently according to Akaike information criterion (AIC) and Bayesian information criterion (BIC), despite there being limitations with this approach [4]. This means different parametric models could be chosen for each arm, which is only encouraged by the NICE technical support document (TSD)-14 when justified by "clinical expert judgement, biological plausibility, and robust statistical analysis" [5].…”
Section: Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…We considered three distinct approaches to obtaining a LY estimate. First, we chose the single best-fitting models for each arm independently according to Akaike information criterion (AIC) and Bayesian information criterion (BIC), despite there being limitations with this approach [4]. This means different parametric models could be chosen for each arm, which is only encouraged by the NICE technical support document (TSD)-14 when justified by "clinical expert judgement, biological plausibility, and robust statistical analysis" [5].…”
Section: Methodsmentioning
confidence: 99%
“…Fig 4. Violin plot of difference in life-year estimation for each method for variations of scenario 2.…”
mentioning
confidence: 99%
“…Many researchers [10][11][12][13][14][15][16][17][18][19] have proposed the use of mathematical models to predict the number of COVID-19 cases, while others have investigated the IP days during the COVID-19 pandemic [25][26][27][28][29]. None of these studies, however, used the IP days to compare the ImpactCOVID, nor did they apply the angle index to inspect the ImpactCOVID in countries/regions.…”
Section: Contributions Of the Studymentioning
confidence: 99%
“…Given that using less constrained parameters makes the model a better fit for the data [29,30], one constrained term set at the middle point (i.e., P(x2, y2)) of the observations in the QE model [19] yields lower MA accordingly. In contrast, the unconstrained QE model in this study (i.e., using the Solver add-in tool in Microsoft Excel) can yield higher MA than the constrained one.…”
Section: Contributions Of the Studymentioning
confidence: 99%
“…As with all forms of Web-based technology, advances in health communication technology are occurring every moment [47]. The real-time mobile online dashboard for COVID-19 provided to the public is the fourth feature.…”
Section: Strengths and Implications In This Studymentioning
confidence: 99%