“…These most sensitive parameters include the length of hospital stay, the unit cost per hospital day, the reduction in the probability of hospitalization after CRT, the CRT implantation cost, and the distribution of patients into the different NYHA classes. The worst case scenario is therefore based on assumptions that imply decreased clinical and economic benefits of CRT: a smaller reduction in the average length of hospital stay for a CRT patient relative to an OPT patient of only 40% (9.3 vs. 15.5 days; base case assumption: 55%), a 20% lower unit cost each for an ICU and a cardiology ward day reflecting charges of a mid‐sized hospital (€750 and €270, respectively), no change from the base case value for the reduction of hospital admissions in the CRT group because MIRACLE already shows a conservative finding when compared with other studies [21,27,34], an 10% increased cost of the CRT procedure (€8250 vs. €7500 including the index hospital stay) as the base case value reflects an estimate, and an assumed post‐CRT improvement in the average NYHA class of only 0.8 (from 3.1 to 2.3; baseline assumption: 3.1 to 2.1). The best case scenario takes into account a higher reduction in the average length of hospital stay per admission for a CRT patient relative to an OPT patient of 77% (assumption: 3.5 vs. 15.5 days) as reported in a recent analysis [34], a 20% higher unit cost each for an ICU and a cardiology ward day reflecting charges applicable to a university hospital (€1130 and €410, respectively), a reduction of hospital admissions related to CRT implantation of 80% (base case value 48%) as observed in three economically oriented studies [21,27,34], a 10% decreased cost of the CRT procedure (€6750 including the associated hospital stay), and an improvement in the average NYHA class by 1.2 (from 3.1 to 1.9 as reported in the PATH‐CHF trial).…”