Cost effectiveness of cochlear implants

Research output: Contribution to journalReview article

7 Citations (Scopus)

Abstract

Purpose of review: Health professionals would be well served to have as good an understanding of cost effectiveness as clinical effectiveness, as both are critical to their patients having access to better health care and achieving better health outcomes. Cost-effectiveness evaluations allow decision makers a means of comparing different interventions when deciding resource allocation. It is a powerful tool, but like any analysis, not understanding the processes and assumptions involved leads to misinterpretation. Recent findings: Cost effectiveness is an economic evaluation of cost and benefit. The threshold at which an intervention is considered cost effective is reflected by the payer's "willingness to pay", which can vary considerably from country to country. These evaluations are complex and can involve the use of incomplete financial data, and subjective impressions of benefit, while excluding broader social and economic benefits. Summary: Pediatric unilateral and simultaneous bilateral cochlear implantation, and adult unilateral cochlear implantation are felt to be cost effective in the United States. Pediatric sequential cochlear implantation, adult bilateral cochlear implantation, implantation in the aged and the long deaf are not. However, costeffectiveness economic evaluations are only part of broader assessment of social and economic benefit when determining resource allocation.

Original languageEnglish (US)
Pages (from-to)344-348
Number of pages5
JournalCurrent Opinion in Otolaryngology and Head and Neck Surgery
Volume22
Issue number5
DOIs
StatePublished - Oct 1 2014
Externally publishedYes

Fingerprint

Cochlear Implants
Cost-Benefit Analysis
Cochlear Implantation
Resource Allocation
Economics
Pediatrics
Costs and Cost Analysis
Health Services Accessibility
Health

Keywords

  • Cochlear implants
  • Cost effectiveness
  • Cost-utility analysis
  • Quality adjusted life year

ASJC Scopus subject areas

  • Surgery
  • Otorhinolaryngology

Cite this

Cost effectiveness of cochlear implants. / McKinnon, Brian.

In: Current Opinion in Otolaryngology and Head and Neck Surgery, Vol. 22, No. 5, 01.10.2014, p. 344-348.

Research output: Contribution to journalReview article

@article{fa8a5fade7e54bfd9ddd371c48ced1af,
title = "Cost effectiveness of cochlear implants",
abstract = "Purpose of review: Health professionals would be well served to have as good an understanding of cost effectiveness as clinical effectiveness, as both are critical to their patients having access to better health care and achieving better health outcomes. Cost-effectiveness evaluations allow decision makers a means of comparing different interventions when deciding resource allocation. It is a powerful tool, but like any analysis, not understanding the processes and assumptions involved leads to misinterpretation. Recent findings: Cost effectiveness is an economic evaluation of cost and benefit. The threshold at which an intervention is considered cost effective is reflected by the payer's {"}willingness to pay{"}, which can vary considerably from country to country. These evaluations are complex and can involve the use of incomplete financial data, and subjective impressions of benefit, while excluding broader social and economic benefits. Summary: Pediatric unilateral and simultaneous bilateral cochlear implantation, and adult unilateral cochlear implantation are felt to be cost effective in the United States. Pediatric sequential cochlear implantation, adult bilateral cochlear implantation, implantation in the aged and the long deaf are not. However, costeffectiveness economic evaluations are only part of broader assessment of social and economic benefit when determining resource allocation.",
keywords = "Cochlear implants, Cost effectiveness, Cost-utility analysis, Quality adjusted life year",
author = "Brian McKinnon",
year = "2014",
month = "10",
day = "1",
doi = "10.1097/MOO.0000000000000091",
language = "English (US)",
volume = "22",
pages = "344--348",
journal = "Current Opinion in Otolaryngology and Head and Neck Surgery",
issn = "1068-9508",
publisher = "Lippincott Williams and Wilkins",
number = "5",

}

TY - JOUR

T1 - Cost effectiveness of cochlear implants

AU - McKinnon, Brian

PY - 2014/10/1

Y1 - 2014/10/1

N2 - Purpose of review: Health professionals would be well served to have as good an understanding of cost effectiveness as clinical effectiveness, as both are critical to their patients having access to better health care and achieving better health outcomes. Cost-effectiveness evaluations allow decision makers a means of comparing different interventions when deciding resource allocation. It is a powerful tool, but like any analysis, not understanding the processes and assumptions involved leads to misinterpretation. Recent findings: Cost effectiveness is an economic evaluation of cost and benefit. The threshold at which an intervention is considered cost effective is reflected by the payer's "willingness to pay", which can vary considerably from country to country. These evaluations are complex and can involve the use of incomplete financial data, and subjective impressions of benefit, while excluding broader social and economic benefits. Summary: Pediatric unilateral and simultaneous bilateral cochlear implantation, and adult unilateral cochlear implantation are felt to be cost effective in the United States. Pediatric sequential cochlear implantation, adult bilateral cochlear implantation, implantation in the aged and the long deaf are not. However, costeffectiveness economic evaluations are only part of broader assessment of social and economic benefit when determining resource allocation.

AB - Purpose of review: Health professionals would be well served to have as good an understanding of cost effectiveness as clinical effectiveness, as both are critical to their patients having access to better health care and achieving better health outcomes. Cost-effectiveness evaluations allow decision makers a means of comparing different interventions when deciding resource allocation. It is a powerful tool, but like any analysis, not understanding the processes and assumptions involved leads to misinterpretation. Recent findings: Cost effectiveness is an economic evaluation of cost and benefit. The threshold at which an intervention is considered cost effective is reflected by the payer's "willingness to pay", which can vary considerably from country to country. These evaluations are complex and can involve the use of incomplete financial data, and subjective impressions of benefit, while excluding broader social and economic benefits. Summary: Pediatric unilateral and simultaneous bilateral cochlear implantation, and adult unilateral cochlear implantation are felt to be cost effective in the United States. Pediatric sequential cochlear implantation, adult bilateral cochlear implantation, implantation in the aged and the long deaf are not. However, costeffectiveness economic evaluations are only part of broader assessment of social and economic benefit when determining resource allocation.

KW - Cochlear implants

KW - Cost effectiveness

KW - Cost-utility analysis

KW - Quality adjusted life year

UR - http://www.scopus.com/inward/record.url?scp=84925863767&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84925863767&partnerID=8YFLogxK

U2 - 10.1097/MOO.0000000000000091

DO - 10.1097/MOO.0000000000000091

M3 - Review article

C2 - 25089664

AN - SCOPUS:84925863767

VL - 22

SP - 344

EP - 348

JO - Current Opinion in Otolaryngology and Head and Neck Surgery

JF - Current Opinion in Otolaryngology and Head and Neck Surgery

SN - 1068-9508

IS - 5

ER -