Cost Utility Analysis
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11 Terms
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What does Cost-Utility Analysis (CUA) account for when measuring health consequences?
Patient preferences, also referred to as utilities.
2
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What is the main clinical outcome measure used in Cost-Utility Analysis?
Quality-adjusted life-year (QALY).
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What is the purpose of Cost-Utility Analysis?
To assess the value for money of medical interventions by considering both the quality and quantity of life lived.
4
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How is the QALY calculated?
Years of Life multiplied by the Utility Value.
5
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In the healthcare cost analysis framework, what type of measure does Cost-Benefit analysis use?
Dollars (Other Currency) for both cost and benefits.
6
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What is Health Related Quality of Life (HRQoL)?
A person's or group's subjective assessment of the impact of their health or therapy on their functioning and well-being.
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Provide an example of a situation yielding different QALYs between two treatment options.
HepSlow yields 2.3025 QALYs while ImprovedHepBCare yields 2.5275 QALYs.
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Name one domain assessed in the EQ-5D questionnaire.
Mobility.
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What would a utility value of 0.800 imply about a patient's health status?
The patient experiences a significant, but not perfect health level.
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Which analysis type uses quality-adjusted life years (QALYs) as its outcome measurement unit?
Cost-Utility Analysis.
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What does the term 'utility' specifically refer to in the field of economics?
It indicates personal or group preferences for different health states.
Note 
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