Unbiased Analysis of Today's Healthcare Issues

Cost-Effectiveness in Health and Medicine

Written By: Jason Shafrin - Nov• 13•16

How do you do cost effectiveness the right way?  Peter Neumann–a colleague of mine at Precision Health Economics–edits a book to explain how to do just that.  Neumann and Gillian D. Sanders, Louise B. Russell, Joanna E. Siegel, and Theodore G. Ganiats have produced a second edition of their classic text Cost-Effectiveness in Health and Medicine.  The website’s description is as follows:

Twenty years after the first edition of COST-EFFECTIVENESS IN HEALTH AND MEDICINE established the practical benchmark for cost-effectiveness analysis, this completely revised edition of the classic text provides an essential resource to a new generation of practitioners, students, researchers, and policymakers.

Produced by the Second Panel on Cost-Effectiveness in Health and Medicine–a team of 13 experts from fields including decision science, economics, ethics, psychology, and medicine–this new edition is a comprehensive guide to the use of cost-effectiveness analysis as an evaluative tool at the institutional and policy levels. As health care systems face increasing pressure to derive maximum value from expenditures, the guidelines in this new text represent not just the best information available, but a vital guide to health care decision-making in a challenging new era.

Completely revised and enriched with examples and expanded coverage, this second edition of COST-EFFECTIVENESS IN HEALTH AND MEDICINE builds on its predecessor’s excellence, offering required reading for both analysts and decision makers.

I have not read this book yet, but look forward to doing so.

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