Economic evaluation and health finance decisions
Achieving the best use of resources is a fundamental objective in health systems with limited budgets. Economic evaluations and cost-effectiveness analysis use a diverse range of methods that systematically compare the costs and consequences of different alternatives to help guide decisions about how to best allocate resources. Achieving the best use of resources may also require decision makers to consider the distribution of health outcomes across the population, taking into account other factors such as equity and fairness.
For the past 20 years, CHE has been at the forefront of economic evaluation and cost effectiveness analysis. A specialist team in the centre regularly contributes to public funding decisions of new health technologies in Australia and overseas. This work includes assessment and critique of industry-conducted submissions for funding, independent economic evaluation of health technologies, and post-market review of funded therapies.
Examples of our published research
- Cost-effectiveness of Erythropoietin in traumatic brain injury
- Economic evaluation of an intervention for management of mild head injury
- Preferences of decision makers for priority setting in health technology assessment
- A randomised controlled trial of treatments for obesity hypoventilation syndrome
- What can we expect from value-based funding of medicines?
- Economic evaluation of evidence based care of acute low-back pain
- Cost-effectiveness of initiating dialysis early
- Positive airway pressure for sleep-disordered breathing in acute quadriplegia
- Economic evaluation of the standard issue transfusion versus fresher red-cell use in intensive care
- Economic evaluation of activities of daily living retraining during posttraumatic amnesia
- Economic evaluations of system‐based obesity interventions
- The Impact of Regression to the Mean on Economic Evaluations in Pre–Post Studies
Our lead researchers
Health technology assessment
Economic evaluation alongside clinical trials
- Anthony Harris
- Gang Chen
- Duncan Mortimer
- Dennis Petrie
- Peter Ghijben
- Jing Jing Li
- Rachel Knott
- Rohan Sweeney