Economic Evaluation Alongside Clinical Trials (EEACT) - Vocabulary Flashcards

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Vocabulary flashcards covering key concepts, terms, and methods from the EEACT lecture notes.

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31 Terms

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EEACT

Economic Evaluation Alongside Clinical Trials; economic data are prospectively collected from patients within a controlled trial and analyzed alongside the clinical evaluation, with costs and outcomes estimated at the individual patient level.

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Decision-Analytical Modelling

A modelling approach using published, grey, and unpublished information to estimate costs and effects; complementary to trials and can inform trial design and data collection.

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Pragmatic (Naturalistic) Trial

A trial designed to assess effectiveness in usual clinical practice, retaining randomization but with fewer recruitment/follow-up restrictions; aims for generalisability and real-world applicability.

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Explanatory (Efficacy) Trial

A trial designed to test whether an intervention can work under ideal, controlled conditions; more internal validity but less generalisability.

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Internal Validity

The extent to which trial results are free from bias and confounding, ensuring that observed effects are due to the intervention.

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External Validity

The generalisability of trial results to other settings, populations, and times.

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Intention-to-Treat (ITT) Analysis

Analysis of all randomized participants in their original groups, regardless of adherence or protocol deviations, preserving randomization benefits.

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Protocol-Driven Costs

Costs and resource use dictated by the trial protocol rather than routine practice, potentially limiting external validity.

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Compliance

Adherence to the assigned intervention; differences in compliance within a trial versus usual practice can bias results.

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Endoints in Pragmatic Trials

A broad set of outcomes including efficacy, feasibility, quality of life, and resource use, often using administrative data.

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Skewed Data

Distributions of costs and utility data that are right-skewed; affects mean-based comparisons and uncertainty estimation.

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Censored Data

Data with incomplete information due to study design or follow-up, including right, left, and interval censoring.

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Bootstrap

A resampling method used to estimate uncertainty (e.g., CIs) for means and for ICERs when data are skewed or sample sizes are small.

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ICER (Incremental Cost-Effectiveness Ratio

The ratio of the difference in costs to the difference in effects between two interventions; problematic when negative or when the denominator is zero.

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Cost-Effectiveness Acceptability Curve (CEAC)

A curve showing the probability that an intervention is cost-effective across different willingness-to-pay thresholds.

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Net Monetary Benefit (NMB)

A monetary valuation of health outcomes minus costs, offering an alternative to ICER that is easier to interpret for decision-makers.

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Missing Data (MCAR, MAR, MNAR)

Types of missingness: MCAR (missing completely at random), MAR (missing at random, related to observed data), MNAR (not missing at random, related to unobserved data).

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Missing Completely at Random (MCAR)

Missingness is independent of any data; complete-case analyses remain unbiased in expectation.

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Missing at Random (MAR)

Missingness is related to observed data and can be predicted from them; imputation is possible with observed information.

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Not Missing At Random (MNAR)

Missingness is related to unobserved data; more challenging to handle and requires sensitivity analysis.

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Missing Data Imputation (LOCF, Regression, Multiple Imputation)

Techniques to fill in missing values: LOCF (single), regression-based, or multiple imputation (several datasets, then combined results) to reflect uncertainty.

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Multivariate Regression Analysis

A statistical approach to model relationships between costs/effects and covariates, used to handle skewness and adjust for confounders.

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Imputation versus Complete Case Analysis

Imputation fills in missing values; complete-case uses only observed data; imputation reduces bias when data are MAR.

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Extrapolation

Extending trial findings beyond the trial duration or to a different population, using trial data and/or large observational data.

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Life Years Gained

Additional years of life attributed to an intervention, often calculated from survival curves and life tables.

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Discounting

Applying a time preference to reduce future costs and health benefits to their present value in economic evaluation.

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Life Tables (qx, lx, Lx, ex)

Tables of mortality (qx) and survivors (lx) used to compute life expectancy (ex) and related metrics like years lived (Lx).

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Survival Analysis Models (Cox, Weibull)

Statistical models used to analyze time-to-event data and extrapolate life expectancy for extrapolation beyond the trial.

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Extrapolation Sources (Trial Data vs Observational Data)

Using either trial data or large retrospective/prospective observational datasets to inform long-term outcomes.

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Multi-Centre, Multi-Country Trials

Large trials pooling data across centers/countries; advantages include larger samples and generalisability; challenges include heterogeneity and logistical coordination.

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Stakeholders Buy-In

Essential cooperation among sponsors, researchers, and patients to ensure data quality and successful economic evaluation.