Resource costing for multinational neurologic clinical trials: methods and results
We present the results of a multinational resource costing study for a prospective economic evaluation of a new medical technology for treatment of subarachnoid hemorrhage within a clinical trial. The study describes a framework for the collection and analysis of international resource cost data tha...
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Published in: | Health economics Vol. 7; no. 7; pp. 629 - 638 |
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Main Authors: | , , , , , , , , , , , , , |
Format: | Journal Article |
Language: | English |
Published: |
Chichester
Wiley Subscription Services, Inc., A Wiley Company
01-11-1998
John Wiley & Sons, Ltd |
Series: | Health Economics |
Subjects: | |
Online Access: | Get full text |
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Summary: | We present the results of a multinational resource costing study for a prospective economic evaluation of a new medical technology for treatment of subarachnoid hemorrhage within a clinical trial. The study describes a framework for the collection and analysis of international resource cost data that can contribute to a consistent and accurate intercountry estimation of cost. Of the 15 countries that participated in the clinical trial, we collected cost information in the following seven: Australia, France, Germany, the UK, Italy, Spain, and Sweden. The collection of cost data in these countries was structured through the use of worksheets to provide accurate and efficient cost reporting. We converted total average costs to average variable costs and then aggregated the data to develop study unit costs. When unit costs were unavailable, we developed an index table, based on a market‐basket approach, to estimate unit costs. To estimate the cost of a given procedure, the market‐basket estimation process required that cost information be available for at least one country. When cost information was unavailable in all countries for a given procedure, we estimated costs using a method based on physician‐work and practice‐expense resource‐based relative value units. Finally, we converted study unit costs to a common currency using purchasing power parity measures. Through this costing exercise we developed a set of unit costs for patient services and per diem hospital services. We conclude by discussing the implications of our costing exercise and suggest guidelines to facilitate more effective multinational costing exercises. © 1998 John Wiley & Sons, Ltd. |
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Bibliography: | istex:2947461E4D2DE2C157245FCE6ED24446A450E4CC ark:/67375/WNG-4HVL5LR3-4 ArticleID:HEC378 ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 23 |
ISSN: | 1057-9230 1099-1050 1099-1050 |
DOI: | 10.1002/(SICI)1099-1050(1998110)7:7<629::AID-HEC378>3.0.CO;2-N |