Cost-effectiveness analysis for multinational clinical trials
Clinical trials of cost–effectiveness are often conducted in more than one country. The two most common ways of dealing with the multinational nature of the data are either to calculate a pooled estimate or to stratify results by country. Since the between‐country heterogeneity in costs is potential...
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Published in: | Statistics in medicine Vol. 24; no. 13; pp. 1965 - 1982 |
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Main Authors: | , , |
Format: | Journal Article |
Language: | English |
Published: |
Chichester, UK
John Wiley & Sons, Ltd
15-07-2005
Wiley Subscription Services, Inc |
Subjects: | |
Online Access: | Get full text |
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Summary: | Clinical trials of cost–effectiveness are often conducted in more than one country. The two most common ways of dealing with the multinational nature of the data are either to calculate a pooled estimate or to stratify results by country. Since the between‐country heterogeneity in costs is potentially substantial, pooled estimates may be difficult to interpret for any one country. Policy decisions are often made at a national level, and so country‐specific results are important. However, country‐specific analyses will be based on fewer patients and will often fail to provide adequate precision for statistical analyses.
Shrinkage estimation is a compromise between these two methods and has been used successfully in other fields. These estimates are country‐specific yet less variable than those derived through a subgroup approach. Univariate and multivariate shrinkage estimators for costs and effects are proposed, then compared with one another and to the traditional methods in a simulation study. The methods are illustrated using data from a multinational trial evaluating the cost–effectiveness of three thrombolytic drug regimens in patients with acute myocardial infarction. Copyright © 2005 John Wiley & Sons, Ltd. |
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Bibliography: | Ontario Student Opportunity Trust Fund-Hospital for Sick Children Foundation Student Scholarship Programme istex:2F7B5400C84E6D3C9D79129F9363C38AC474FCDC Aventis ark:/67375/WNG-KS3NPJZZ-8 ArticleID:SIM2078 Canadian Institutes of Health Research Discovery Grant Programme of the Natural Science and Engineering Research Council of Canada - No. 44868-03 Deceased ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 ObjectType-News-3 content type line 23 |
ISSN: | 0277-6715 1097-0258 |
DOI: | 10.1002/sim.2078 |