2015
DOI: 10.1016/j.jval.2015.09.2590
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Validation of A Markov Model for Economic Evaluation of Screening and Preventive Interventions In Alzheimer’s Disease In Denmark

Abstract: A695Objectives: Alzheimer's disease (AD) afflicts up to 9% of people aged 65 and over worldwide, with prevalence projected to increase. AD is associated with reduced quality of life and high treatment and management costs. A number of recently developed screening and preventative interventions offer reduction in resource use and improvement in quality of life for AD patients. The majority of existing models for economic evaluation of AD interventions focus on pharmaceuticals and due to their limited scope and … Show more

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“…A Markov chain model, which is the simplest Markov model, was used to estimate the cost-effectiveness of this comprehensive intervention program. The Markov model is a process that models random events that occur over time and has been increasingly applied to areas in health economic research in recent years, such as screening for disease, decision analysis of clinical interventions, pharmacoeconomic evaluation, and so on (18)(19)(20)(21). The principle is to divide the natural course of the disease into several different health states (Markov state) and to simulate the development of the disease according to the transition probability of each state in a certain period of time (Markov cycle).…”
Section: Markov Modelmentioning
confidence: 99%
“…A Markov chain model, which is the simplest Markov model, was used to estimate the cost-effectiveness of this comprehensive intervention program. The Markov model is a process that models random events that occur over time and has been increasingly applied to areas in health economic research in recent years, such as screening for disease, decision analysis of clinical interventions, pharmacoeconomic evaluation, and so on (18)(19)(20)(21). The principle is to divide the natural course of the disease into several different health states (Markov state) and to simulate the development of the disease according to the transition probability of each state in a certain period of time (Markov cycle).…”
Section: Markov Modelmentioning
confidence: 99%