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A 1995 study of the cost-effectiveness of reviewed over 500 life-saving interventions found that the median cost-effectiveness was $42,000 per life-year saved. [7] A 2006 systematic review found that industry-funded studies often concluded with cost-effective ratios below $20,000 per QALY and low quality studies and those conducted outside the ...
Research by the University of York identified that the cost per quality adjusted life year for changes in existing NHS expenditure in 2008 was £12,936 leading to concerns new treatments approved by NICE at £30,000 per quality adjusted life year are less cost-effective than spend on existing treatments.
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Legislation is potentially more cost-effective than voluntary agreement with industry. Strategies to reduce blood pressure by treating individuals with a blood pressure with a SBP greater than 160mmHg are the most cost-effective, and lowering the threshold to 140mmHg is not cost-effective in many subregions such as AFR-D and AMR-D.
Comparative effectiveness research adopts many of the same approaches and methodologies as cost-effectiveness analysis, including the use of incremental cost-effectiveness ratios (ICERs) and quality-adjusted life years (QALYs). An important component of CER is the concept of pragmatic randomised controlled trials. [4]
Bright light therapy may be effective at treating Seasonal Affective Disorder (SAD), a type of depression that typically occurs during the fall and winter months when there is less natural ...
Some effective altruists start non-profit or for-profit organizations to implement cost-effective ways of doing good. On the non-profit side, for example, Michael Kremer and Rachel Glennerster conducted randomized controlled trials in Kenya to find out the best way to improve students' test scores. They tried new textbooks and flip charts, as ...
Instant-read thermometers provide quick, accurate readings, probe thermometers are best for oven-roasting, digital thermometers offer precise results and alarms, and traditional dial thermometers ...