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  2. Quality-adjusted life year - Wikipedia

    en.wikipedia.org/wiki/Quality-adjusted_life_year

    The quality-adjusted life year (QALY) is a generic measure of disease burden, including both the quality and the quantity of life lived. [1] [2] It is used in economic evaluation to assess the value of medical interventions. [1] One QALY equates to one year in perfect health. [2] QALY scores range from 1 (perfect health) to 0 (dead). [3]

  3. Incremental cost-effectiveness ratio - Wikipedia

    en.wikipedia.org/wiki/Incremental_cost...

    This approach has to some extent been adopted in relation to QALYs; for example, the National Institute for Health and Care Excellence (NICE) adopts a nominal cost-per-QALY threshold of £20,000 to £30,000. [2] As such, the ICER facilitates comparison of interventions across various disease states and treatments.

  4. Time trade-off - Wikipedia

    en.wikipedia.org/wiki/Time_Trade-off

    This answer can be used to calculate the individual's quality of life in that health state. For example, an individual with severe asthma could be offered 10 years in their current condition, or a shorter length of time in full health. If this individual is willing to trade off two of the ten offered years in order to regain full health, this ...

  5. Cost-effectiveness analysis - Wikipedia

    en.wikipedia.org/wiki/Cost-effectiveness_analysis

    The most commonly used outcome measure is quality-adjusted life years (QALY). [1] Cost–utility analysis is similar to cost-effectiveness analysis. Cost-effectiveness analyses are often visualized on a plane consisting of four quadrants, the cost represented on one axis and the effectiveness on the other axis. [3]

  6. Cost–utility analysis - Wikipedia

    en.wikipedia.org/wiki/Cost–utility_analysis

    In HTAs it is usually expressed in quality-adjusted life years (QALYs). If, for example, intervention A allows a patient to live for three additional years than if no intervention had taken place, but only with a quality of life weight of 0.6, then the intervention confers 3 * 0.6 = 1.8 QALYs to the patient.

  7. Health Utilities Index - Wikipedia

    en.wikipedia.org/wiki/Health_Utilities_Index

    [3] [4] Examples of treatments include comparisons between two or more pharmaceuticals, medical devices, and other medical technologies. Quality-adjusted life years are calculated by multiplying the number of life years gained by the health utility. The adjustment accounts for the changes in health-related quality of life for a given health ...

  8. National Institute for Health and Care Excellence - Wikipedia

    en.wikipedia.org/wiki/National_Institute_for...

    Patients on the new treatment on average live an extra 3 months, so 1.25 years in total. The quality of life gained is the product of life span and quality rating with the new treatment less the same calculation for the old treatment, i.e. (1.25 x 0.6) less (1.0 x 0.4) = 0.35 QALY. The marginal cost of the new treatment to deliver this extra ...

  9. Disability-adjusted life year - Wikipedia

    en.wikipedia.org/wiki/Disability-adjusted_life_year

    However, HALYs, including DALYs and QALYs, are especially useful in guiding the allocation of health resources as they provide a common numerator, allowing for the expression of utility in terms of dollar/DALY, or dollar/QALY. [14] For example, in Gambia, provision of the pneumococcal conjugate vaccine costs $670 per DALY saved. [19]