2006
DOI: 10.1513/pats.200603-095ss
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Economic Modeling in Chronic Obstructive Pulmonary Disease

Abstract: Calculating the cost-effectiveness of interventions is an important step in accurately assessing the health and financial burdens of a disease. Although clinical trials that include cost data can be used to compare the cost-effectiveness of specific interventions, they only deal with outcomes within the time frame of the trial. Health economic models can synthesize epidemiologic, clinical, economic, and quality-of-life data from many different sources and extrapolate results to a point many years in the future… Show more

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Cited by 29 publications
(24 citation statements)
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“…These were all very recent papers not yet indexed [21] In addition to these studies, six papers discussing methodological aspects of pharmacoeconomic evaluations in COPD were taken into account. [22][23][24][25][26][27] …”
Section: Search Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…These were all very recent papers not yet indexed [21] In addition to these studies, six papers discussing methodological aspects of pharmacoeconomic evaluations in COPD were taken into account. [22][23][24][25][26][27] …”
Section: Search Resultsmentioning
confidence: 99%
“…These have been reviewed previously. [23] An important variation is the inconsistency in the extent and length of utility reduction due to an exacerbation. In the studies in this review, the utility decrement was modelled either as a constant value or as a percentage of reduction from the stable state.…”
Section: Variation In Modelling Approachesmentioning
confidence: 99%
“…Structural differences between the models exist regarding the number of COPD severity stages, duration of the Markov cycles, inclusion of the risk factors age and smoking, distinction in severity of exacerbations, and inclusion of COPD incidence. Furthermore, the models substantially differ in utility values assigned to COPD stages and utility decrements assigned to exacerbations [15]. Finally, not all the models take into account the uncertainty around the input parameters, which is currently regarded as essential in cost-effectiveness analyses [16,17].…”
Section: Introductionmentioning
confidence: 99%
“…While this may be acceptable for evaluations of interventions to treat stable COPD, interventions that change the frequency, severity, or duration of exacerbations need more accurate measurement in order to capture treatment benefits. It is time consuming and costly to administer the EQ-5D daily in anticipation of capturing the few that start to experience an exacerbation, and is thus done rarely [54]. Moreover, when the EQ-5D has been measured during an exacerbation, sensitivity to daily change has been notably low, with the effect of treatment only seen after several weeks, particularly in the moderate exacerbation group [7,55].…”
Section: Discussionmentioning
confidence: 99%