Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews

As the base of clinical evidence grows, it is increasingly common to conduct economic evaluations in addition to clinical evaluations of effectiveness in order to inform health policies. For economic systematic reviews there is currently no agreed-upon quantitative method to obtain a pooled economic...

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Main Authors: Kenneth Lo, Matthew Stephenson, Craig Lockwood
Format: Article
Language:English
Published: Elsevier 2020-01-01
Series:MethodsX
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2215016120302673
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spelling doaj-3d86e79c91e14c47bfd7f19a09d3254b2021-01-02T05:10:54ZengElsevierMethodsX2215-01612020-01-017101047Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviewsKenneth Lo0Matthew Stephenson1Craig Lockwood2Faculty of Health and Medical Sciences, The Joanna Briggs Institute (JBI), The University of Adelaide, Australia; College of Medicine and Public Health, Flinders Health and Medical Research Institute, Flinders University, Australia; Corresponding author at: Faculty of Health and Medical Sciences, The Joanna Briggs Institute (JBI), The University of Adelaide, Australia.Faculty of Health and Medical Sciences, The Joanna Briggs Institute (JBI), The University of Adelaide, AustraliaFaculty of Health and Medical Sciences, The Joanna Briggs Institute (JBI), The University of Adelaide, AustraliaAs the base of clinical evidence grows, it is increasingly common to conduct economic evaluations in addition to clinical evaluations of effectiveness in order to inform health policies. For economic systematic reviews there is currently no agreed-upon quantitative method to obtain a pooled economic effect size. With no suitable quantitative method available, the hierarchical decision matrix stands out as a tool that enables a visual summary of different types of economic studies, but there are limitations with the hierarchical decision matrix. We extended the hierarchical decision matrix with a weighted scoring system (termed dominance ranking score) to allow for useful information of a study design to be incorporated. • The scoring system of the dominance ranking score incorporates weighting factors that are based on sample size and effect size of a study. • The dominance ranking score enables a more differentiating analysis of dominance levels. • For systematic reviews that include partial economic studies, both the hierarchical decision matrix and the dominance ranking score assist to indicate the level of economic potential for a particular intervention, which facilitates the conduct of subsequent full economic studies.http://www.sciencedirect.com/science/article/pii/S2215016120302673Cost-benefit analysisCosts and cost analysisMedical EconomicsPharmaceutical EconomicsEvidence-Based Medicine
collection DOAJ
language English
format Article
sources DOAJ
author Kenneth Lo
Matthew Stephenson
Craig Lockwood
spellingShingle Kenneth Lo
Matthew Stephenson
Craig Lockwood
Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
MethodsX
Cost-benefit analysis
Costs and cost analysis
Medical Economics
Pharmaceutical Economics
Evidence-Based Medicine
author_facet Kenneth Lo
Matthew Stephenson
Craig Lockwood
author_sort Kenneth Lo
title Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
title_short Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
title_full Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
title_fullStr Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
title_full_unstemmed Extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
title_sort extending the hierarchical decision matrix to incorporate a dominance ranking score for economic systematic reviews
publisher Elsevier
series MethodsX
issn 2215-0161
publishDate 2020-01-01
description As the base of clinical evidence grows, it is increasingly common to conduct economic evaluations in addition to clinical evaluations of effectiveness in order to inform health policies. For economic systematic reviews there is currently no agreed-upon quantitative method to obtain a pooled economic effect size. With no suitable quantitative method available, the hierarchical decision matrix stands out as a tool that enables a visual summary of different types of economic studies, but there are limitations with the hierarchical decision matrix. We extended the hierarchical decision matrix with a weighted scoring system (termed dominance ranking score) to allow for useful information of a study design to be incorporated. • The scoring system of the dominance ranking score incorporates weighting factors that are based on sample size and effect size of a study. • The dominance ranking score enables a more differentiating analysis of dominance levels. • For systematic reviews that include partial economic studies, both the hierarchical decision matrix and the dominance ranking score assist to indicate the level of economic potential for a particular intervention, which facilitates the conduct of subsequent full economic studies.
topic Cost-benefit analysis
Costs and cost analysis
Medical Economics
Pharmaceutical Economics
Evidence-Based Medicine
url http://www.sciencedirect.com/science/article/pii/S2215016120302673
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