Economic decision analysis in the diagnosis and treatment of low back pain: A methodologic primer

Douglas A. Conrad, Richard (Rick) Deyo

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

This article outlines basic principles for the economic analysis of clinical decisions. Using a hypothetical scenario invoking a patient with low back pain, the specific application of cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA) is illustrated; and the two methodologies are compared. Cost-benefit analysis is advanced in the “gold standard” among the two approaches because it forces decision makers to explicitly value both the cost and health consequences of alternative clinical actions.

Original languageEnglish (US)
Pages (from-to)2101-2106
Number of pages6
JournalSpine
Volume19
Issue number18
StatePublished - 1994
Externally publishedYes

Fingerprint

Decision Support Techniques
Low Back Pain
Cost-Benefit Analysis
Economics
Therapeutics
Health Care Costs
Costs and Cost Analysis

Keywords

  • Cost-benefit analysis
  • Cost-effectiveness analysis
  • Discounting
  • Net benefit
  • Net present value

ASJC Scopus subject areas

  • Clinical Neurology
  • Orthopedics and Sports Medicine
  • Physiology

Cite this

Economic decision analysis in the diagnosis and treatment of low back pain : A methodologic primer. / Conrad, Douglas A.; Deyo, Richard (Rick).

In: Spine, Vol. 19, No. 18, 1994, p. 2101-2106.

Research output: Contribution to journalArticle

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