Case Study
Implementing a well-known finance concept in health economics – the Efficiency Frontier Tool for a cardiologic indication
Objectives: To point out the inefficient resource allocation in the management of a cardiac disorder in various countries
Research
- Input data were collected for the Efficiency Frontier Tool:
- Cost data
- Global level: cost-of-illness
- National level: single cost items for treatments
- Outcomes data
- Mortality, bleeding
- Search Strategy:
- A systematic literature search was performed and supplemented by comprehensive Internet searches
Analyze
- The identified data were evaluated and implemented into further calculations such as the calculation of treatment cost for the US and 5 key EU countries
- A selection of outcomes were deployed in the tool
Communicate
- Development and testing of the Efficiency Frontier Tool
- Population of the tool with the corresponding therapies and outcomes
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