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The field of cost-effectiveness analysis has lacked an entry-level textbook until now. Designing and Conducting Cost-Effectiveness Analyses in Medicine and Health Care is a hands-on guide for conducting economic analyses that closely follows the recommendations of the Panel on Cost-Effectiveness in Health and Medicine. Step by step, Dr. Muennig outlines the theory and practice of cost-effectiveness and shows how to develop an original research question, retrieve data, design a decision analysis tree, calculate quality-adjusted life years, and test for error in analysis. The book provides clear and detailed instruction and includes a review of the epidemiological and biostatistical skills students need to conduct cost-effectiveness analyses. While the book is designed for students, it includes advanced topics for policymakers, community health experts, and preventive medicine residents who are interested in the field. The book uses a worked example to walk the reader through the process of designing and conducting an analysis and provides links to all of the major Internet-accessible sources of government data. This book will be a welcome addition to the library of students and seasoned researchers alike.

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Prevention Effectiveness: A Guide to Decision Analysis and Economic Evaluation

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Given with clear, systematic direction, the methods discussed in this book are an important first step in providing a rigorous, standardized approach to assessing the effectiveness and economic impact of public health prevention interventions. Developed from a course given at the Centers for Disease Control and Prevention, the Guide was reviewed by a panel of nationally-recognized experts in public health, decision analysis and economic analysis. It gives how-to explanations of study design, decision analysis, measures of effectiveness, and measures of cost, including cost-benefit analysis, cost-effectiveness analysis, and cost-utility analysis. Appendices contain a variety of useful material including an account of illustrative case studies in decision analysis and economic analysis, numerous data tables and indices, and a discussion of attribution. In addition to providing systematic methodology, the book makes specific recommendations on standardizing methods for discount rates, study perspective, willingness-to-pay measures, analytic horizon and more.
Decision-makers at the national, state and local levels will find this book very helpful in building on traditional areas of biomedical science, epidemiology, and statistics. Public health administrators and managers facing constrained budgets and an increasing demand for accountability will find its practical approach and wealth of public health applications invaluable. Public health decision-making will continue to be a complex mixture of science, politics, and economics, however, the sound technical information provided in this guidebook woll help ground decisions in the public health system in accurate cost estimates and as well as solid science.