Applying health economics for policy decision making: how much do devices differ from drugs?

Sorenson, Corinna; Tarricone, Rosanna; Siebert, Markus; and Drummond, Michael (2011) Applying health economics for policy decision making: how much do devices differ from drugs? Europace, 13. pp. 1154-1158. ISSN 1099-5129
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Medical devices pose unique challenges for economic evaluation and associated decision-making processes that differ from pharmaceuticals. We highlight and discuss these challenges in the context of cardiac device therapy, based on a systematic review of relevant economic evaluations. Key challenges include practical difficulties in conducting randomized clinical trials, allowing for a 'learning curve' and user characteristics, accounting for the wider organizational impacts of introducing new devices, and allowing for variations in product characteristics and prices over time.

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