2013
DOI: 10.2139/ssrn.2631041
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The Influence of Cost-Effectiveness and Other Factors on NICE Decisions

Abstract: Background to series CHE Discussion Papers (DPs) began publication in 1983 as a means of making current research material more widely available to health economists and other potential users. So as to speed up the dissemination process, papers were originally published by CHE and distributed by post to a worldwide readership. The CHE Research Paper series takes over that function and provides access to current research output via web-based publication, although hard copy will continue to be available (but subj… Show more

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Cited by 20 publications
(14 citation statements)
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“…Cost-effectiveness data have been identified as a key component in NICE decision-making 21. The results presented here suggest that any of the alternatives to PTA are potentially cost-effective options, with the use of biomimetic stents predicted to lead to cost savings.…”
Section: Discussionmentioning
confidence: 85%
“…Cost-effectiveness data have been identified as a key component in NICE decision-making 21. The results presented here suggest that any of the alternatives to PTA are potentially cost-effective options, with the use of biomimetic stents predicted to lead to cost savings.…”
Section: Discussionmentioning
confidence: 85%
“…Placed in perspective, these willingness to pay per QALY values would be unlikely to be rejected by the Australian Pharmaceutical Benefits Advisory Committee (PBAC)22 or UK National Institute of Health and Care Excellence (NICE)23 and would be considered highly cost-effective by the WHO (<1×GPD per capita) 24. (Australia's GDP per capita in 2013 was AUD 75 348).…”
Section: Discussionmentioning
confidence: 99%
“…(Australia's GDP per capita in 2013 was AUD 75 348). In contrast, cost/QALY ratios for corticosteroid injection plus physiotherapy ranged from $A 153 750 to 228 000 (GDP 99 358–147 340), and would be considered not cost-effective, based on WHO (>3×GDP per capita),24 PBAC22 or NICE23 guidelines.…”
Section: Discussionmentioning
confidence: 99%
“…Although NICE emphasizes that it is not the only relevant criterion, econometric analysis confirms that cost-effectiveness dominates other quantifiable considerations when determining its health technology appraisal decisions [24]. It is noteworthy that policymakers found it necessary to create a “cancer drugs fund” to include high-cost cancer drugs that would not normally have secured approval from NICE on cost-effectiveness grounds [25].…”
Section: Nice and The English Nhsmentioning
confidence: 99%