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Cost-Effectiveness Analysis in Health: A Practical Approach, by Peter Muennig
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This second edition of Cost Effectiveness Analysis in Health reviews issues and methods of assessing health care technologies and related programs. It emphasizes methods to perform economic evaluations, such as cost-effectiveness and cost-benefit analysis; methods to assess efficacy, effectiveness, and safety of health care technologies; effectiveness research; and applications to clinical and public policy. The book provides in-depth discussion of the uses and conducting of cost-effectiveness analyses (CEAs) as decision-making aids in public health, health services, and medicine. It explores cost-effectiveness in the context of societal decision making for resource allocation purposes. Chapter topics include: Defining and explaining cost-effectiveness, principles of cost-effectiveness analysis, how to develop a research project, working with costs, probabilities and models, calculating life expectancy, working with health-related quality of life measures, calculating quality-adjusted life years, conducting a sensitivity analysis, preparing your study for publication, working with data, and finding the data you need.
“For instructors, data sets and other ancillary materials are freely available at http://www.pceo.org/.”
- Sales Rank: #546844 in Books
- Brand: Brand: Jossey-Bass
- Published on: 2007-11-09
- Original language: English
- Number of items: 1
- Dimensions: 9.50" h x .72" w x 7.15" l, 1.35 pounds
- Binding: Hardcover
- 288 pages
- Used Book in Good Condition
Review
"Few authors share Dr. Muennig's gift for reducing a complex topic to a series of practical steps that mere mortals can easily follow. This instruction manual for cost-effectiveness research, as the author accurately describes it, provides numerous tips and real-world examples. The book is essential reading for anyone designing a pharmacoeconomic or comparative-effectiveness clinical study." (Journal of Clinical Research Best Practices, November 2010)
From the Back Cover
Cost-Effectiveness Analysis in Health
Second Edition
Dr. Muennig has taken a complex subject and translated it into lay terms without compromising the integrity of the method. He does it with a touch of humor, and with lots of practical tips that will be valued highly by analysts who actually have to crunch the numbers."
Milton C. Weinstein, Henry J. Kaiser Professor of Health Policy and Management, Harvard School of Public Health
This new edition is an excellent update, particularly the practical worked examples provided and extensive use of Markov models."
Peter Franks, professor of family and community medicine, University of California, Davis
Peter Muennig's engaging new text on cost-effectiveness provides students with easy-to-digest, step-by-step illustrations of how and why to use this important tool and clearly worked examples that students can readily follow."
Sherry A. Glied, department chair and professor of health policy and management, Mailman School of Public Health, Columbia University
This is a wonderful tutorial on cost-effectiveness. It is a comprehensive overview of the theory and the practice of cost-effectiveness analysis that is perfect as an introduction or a refresher."
Ted Ganiats, professor, Department of Family and Preventive Medicine, and executive director, UCSD Health Services Research Center, University of California, San Diego
Peter Muennig has once again written an unusually clear and comprehensive primer for cost-effectiveness analysis. It is the only textbook on this subject, to my knowledge, that provides the practical dimension of conducting cost-effectiveness analysis."
Sue J. Goldie, professor of health policy and decision science and director, Program in Health Decision Science, Harvard School of Public Health
About the Author
Peter Muennig is an assistant professor at Columbia University. Previously, he directed the Program in Cost-Effectiveness and Outcomes at New School University, consulted for Health Canada and the Centers for Disease Control and Prevention (CDC), and was an assistant professor at the Sophie Davis School of Biomedical Education.
Most helpful customer reviews
3 of 3 people found the following review helpful.
One of the best introductions to pharmacoeconomics
By LIGHT_WEIGHT
Muennig's book provides an excellent introduction to the sometimes complicated world of cost-effectiveness analysis. The exercises are useful for reinforcing the topics introduced in the book. Moreover, the PCEO website provides the links for the data sources that Dr. Muennig mentions in the book.
Keep in mind that this is an introductory text to the subject of pharmacoeconomics/cost-effectiveness analysis. Advanced textbooks such as Drummond,et al' text, Methods for the Economic Evaluation of Health Care Programmes and Gray, et al's text, Applied Methods of Cost-effectiveness Analysis in Healthcare provide good complex problems that take the reader into an in depth discussion of the subject. However, these should be reserved for those who have had a good foundation on the subject.
Dr. Muennig's book provides a great introduction that will prepare students for more advanced material. Another salient feature of the book is that you do not have to have a background in microeconomics to understand the lessons. This is especially important since most of the students who have used this text are from a public health, medical, or pharmacy community. Removing the economic requirements allows students from any discipline understand the concept of cost-effectiveness analysis from a practical viewpoint rather than a theoretical one.
I do recommend using Brigg, et al's text, Decision Modelling for Health Economic Evaluation, for more complex modeling exercises. However, Muennig provides and excellent introduction to decisions analytic modeling that is easy to comprehend and apply.
2 of 2 people found the following review helpful.
GREAT book for an introduction to cost-effectiveness analysis and relevant software
By Zamen Zoodles
I had never taken a class on cost-effectiveness analysis. I used this book, and the publicly-available lab manual and datasets from the pceo.org website, to learn about cost-effectiveness. This book is written in a very accessible manner. The author writes in a way that facilitates the reader's understanding of abstract ideas that are important to comprehend CEA. The book is well structured- chapters build upon one another, and as you go through, you find these abstract ideas solidifying into more tangible and applicable concepts. I strongly suggest working through the chapter exercises and the lab manual (which, again, is free on line with all datasets)-- the hands-on work really adds to the learning experience.
If you've ever wondered "What the hell is a QALY? No- REALLY, what is a QALY?" or "What are sensitivity analyses and how can I do one?"- this book is highly recommended. It covers the bases and more.
Because the lab manual isn't huge, I was able to download and run a free trial version of Treeage software, and use it to complete the exercises before it expired. Totally worth it.
2 of 3 people found the following review helpful.
Limited in scope
By cello
This book may be useful for someone doing a quick cost-effectiveness analysis, but I found it to be quite limited in scope. It focuses on one way to do a CEA when there are many other options that may be more appropriate in a particular context. I would recommend this book if you are looking for quick guidance and don't want to explore too many options. Otherwise, it might be more useful to consult a book that gives an overview of broader economic evaluation methods, so you can make an informed decision about the most appropriate technique, and in the process learn more about this interesting evaluation technique.
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