2014
DOI: 10.1002/pst.1616
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Utility values in health technology assessments: a statistician's perspective

Abstract: This paper provides an introduction to utilities for statisticians working mainly in clinical research who have not had experience of health technology assessment work. Utility is the numeric valuation applied to a health state based on the preference of being in that state relative to perfect health. Utilities are often combined with survival data in health economic modelling to obtain quality-adjusted life years. There are several methods available for deriving the preference weights and the health states to… Show more

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Cited by 5 publications
(11 citation statements)
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References 46 publications
(46 reference statements)
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“…[ 25 ] regarding “ study statisticians ” and “reporting statisticians”. [ 26 ] report the involvement of “medical statisticians” [ 27 ], describe “project statisticians”, while [ 28 ] mentions “ clinical statisticians ” but provide no definition. Statisticians may also be “ co-investigators ” [ 4 , 29 ] or “ consultants” [ 30 ] and such roles and responsibilities should be outlined [ 29 ].…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…[ 25 ] regarding “ study statisticians ” and “reporting statisticians”. [ 26 ] report the involvement of “medical statisticians” [ 27 ], describe “project statisticians”, while [ 28 ] mentions “ clinical statisticians ” but provide no definition. Statisticians may also be “ co-investigators ” [ 4 , 29 ] or “ consultants” [ 30 ] and such roles and responsibilities should be outlined [ 29 ].…”
Section: Resultsmentioning
confidence: 99%
“…A recurring factor reported to influence the quality of a trial positively was that statisticians should be involved from the beginning and in every stage through to the reporting [ 25 , 28 , 30 , 33 , 42 , [47] , [48] , [49] , [50] ]; Meeks et al, 2018). Recognising the importance of statistical expertise and early collaboration between statisticians, investigators and the clinical data management team was a key finding identified across several articles [ 26 , 40 ]; Crewson and Applegate., 2001 [ 29 , 35 , [51] , [52] , [53] , [54] ]; Meeks et al, 2018; [ 55 ].…”
Section: Resultsmentioning
confidence: 99%
“…A second approach is the time trade-off technique; here, respondents quantify how time in a diseased state compares to time in an optimal CEA, cost-effectiveness analysis CUA, cost-utility analysis ICER, incremental cost-effectiveness ratio LY, Life year NHB, net health benefit NMB, net monetary benefit QALY, quality-adjusted life year WTP, willingness to pay health state. 2,39,[41][42][43][44][45] These decisional utility assessments have clear benefits, but critics of preference-based approaches note the potential for error when respondents attempt to forecast the value of a hypothetical, future health state. 46 These potential errors may be magnified in states that are sensitive to temporal preferences.…”
Section: Types Of Economic Analysesmentioning
confidence: 99%
“…Similarly, preference weights can be elicited from surveys of experts, such as health care professionals. 22…”
Section: Health-related Quality Of Lifementioning
confidence: 99%