How to choose tools and programs that are worth the investment

2021 ◽  
Vol 103 (1) ◽  
pp. 54-57
Author(s):  
Fiona Hollands ◽  
Anna Kushner
Keyword(s):  
Decision Making ◽  
Evidence Base ◽  
Cost Utility ◽  
Cost Utility Analysis ◽  
Decision Makers ◽  
Evidence Based ◽  
Utility Analysis ◽  
Program Strategy ◽  
Impossible Task ◽  
Education Decision

Making evidence-based decisions in schools seems like an impossible task when hundreds of activities are available, the evidence base fails to address most of them, and budget deadlines are immovable. In addition, different stakeholders hold different views on what it means for a program, strategy, or intervention to “work.” Fiona Hollands and Anna Kushner describe a 10-step decision-making framework developed in collaboration with practicing education decision makers to tackle these kinds of complex decisions. It is based on cost-utility analysis, which addresses two main questions: What resources are required to implement a program, and how useful or satisfying is each program to stakeholders?

scholarly journals What Is the Potential for Applying Cost-Utility Analysis to Facilitate Evidence-Based Decision Making in Schools?

2019 ◽  
Vol 48 (5) ◽  
pp. 287-295 ◽  
Author(s):  
Fiona Hollands ◽  
Yilin Pan ◽  
Maya Escueta
Keyword(s):  
Decision Making ◽  
Program Effectiveness ◽  
Multicriteria Decision Making ◽  
Cost Utility ◽  
Cost Utility Analysis ◽  
Decision Makers ◽  
Evidence Based ◽  
Utility Analysis ◽  
Local Conditions ◽  
Education Decision

Education decision makers routinely make choices among programs and strategies to implement. Policy demands increasingly require that such decisions are based on evidence regarding program effectiveness at improving student outcomes. However, research evidence is but one of the considerations that practitioners must juggle, along with local conditions, capacity, resource availability, and stakeholder values. We investigated the feasibility of applying a multicriteria decision-making framework based on cost-utility analysis to facilitate evidence-based decisions by educators. Working with a total of 183 aspiring school leaders in class settings, we determined to what extent they could implement the initial steps of the framework. We subsequently invited three educators to apply the full framework to substantive decisions in their schools and report the results.

Economic Evaluation of CAM Use

2017 ◽  
pp. 232-271
Author(s):  
Li-Chia Chen ◽  
Mayuree Tangkiatkumjai
Keyword(s):  
Decision Making ◽  
Economic Evaluation ◽  
Cost Effectiveness ◽  
Conventional Medicine ◽  
Kidney Diseases ◽  
Developed Countries ◽  
Cost Utility ◽  
Cost Utility Analysis ◽  
Utility Analysis ◽  
Healthcare Interventions

Economic evaluation (EE) of health care interventions has been used to inform and affect policy decision-making by considering both costs and outcomes of the interventions. National guidelines in many countries consider cost-effectiveness evidence for making recommendations of healthcare interventions. In such case, EE of complementary and alternative medicine (CAM) is crucial to guide reimbursement decision-making. However, there is currently a lack of cost-effectiveness evidence of using CAM for kidney diseases. There are three types of full EEs, including a cost-benefit, cost-effectiveness, and cost-utility analysis, of which, results of cost-utility analysis is preferred and widely used by healthcare authorities in several developed countries. General approaches for EE of conventional medicine are likely to be applied to assess economic outcomes of CAM for kidney diseases. This chapter depicts the overall principles of EEs, interpretations of economic results and summaries the currently available EE for CAM.

scholarly journals Economic evaluation of early intervention services

2007 ◽  
Vol 191 (S51) ◽  
pp. s19-s22 ◽  
Author(s):  
Paul McCrone ◽  
Martin Knapp
Keyword(s):  
Early Intervention ◽  
Cost Effectiveness ◽  
Evidence Base ◽  
Cost Utility ◽  
Decision Makers ◽  
Economic Evaluations ◽  
Utility Analysis ◽  
Early Intervention Services ◽  
Scarce Resources ◽  
Intervention Services

SummaryEarly intervention services have been introduced in a number of countries, but the evidence base to support them is limited. In particular there are very few economic evaluations, which are crucial if decision-makers are to have a better understanding of how scarce resources can be used appropriately. This paper discusses the different approaches used in economic evaluations and shows how these differ in the way in which outcomes are measured. The most useful forms of evaluation are cost-effectiveness and cost-utility analysis. We describe how the results of evaluations can be interpreted using incremental cost-effectiveness ratios and acceptability curves. Finally, the paper summarises some key evidence to date on early intervention services and economic evaluations currently being undertaken

Cost-Utility Analysis of Assistive Technologies in the European Commission's Tide Program

1995 ◽  
Vol 11 (2) ◽  
pp. 276-283 ◽  
Author(s):  
Håkan Brodin ◽  
Jan Persson
Keyword(s):  
Decision Making ◽  
Research Program ◽  
Cost Utility ◽  
Cost Utility Analysis ◽  
Assistive Technologies ◽  
Utility Analysis

AbstarctSocioeconomic evaluation is an issue dealt with in the European Commission's research program TIDE. The principles of cost-utility analysis have been examined for usability in the assessment of rehabilitative technologies. A case study, the choice of a type of wheelchair, is described to demonstrate how estimates of utility can be derived and how cost-utility ratios can be used to guide decision making.

Cost-utility analysis of eating disorder treatment

2011 ◽  
Author(s):  
V. Pohjolainen ◽  
P. Rasanen ◽  
R. P. Roine ◽  
H. Sintonen ◽  
K. Wahlbeck ◽  
...  
Keyword(s):  
Eating Disorder ◽  
Cost Utility ◽  
Cost Utility Analysis ◽  
Utility Analysis ◽  
Eating Disorder Treatment ◽  
Disorder Treatment
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