Cost-effectiveness of referrals to high-volume hospitals: An analysis based on a probabilistic Markov model for hip fracture surgeries
Afschin Gandjour and
Eva-Julia Weyler
Health Care Management Science, 2006, vol. 9, issue 4, 359-369
Abstract:
Previous studies suggest that German hospitals that perform a high volume of hip fracture surgeries have a lower mortality rate and shorter length of stay than low-volume hospitals. The goal of this paper was to determine the long-term cost-effectiveness (over 20 years) of referring hip fracture surgeries to high-volume hospitals, based on data from previous studies. From a societal perspective, the cost-effectiveness ratio was €15,530 per QALY (quality-adjusted life year) (95% confidence interval €9,864–€33,048), while total annual costs to the statutory health insurance amounted up to €19.6 million. The referral of hip fracture surgeries to high-volume hospitals is thus likely to be cost-effective in Germany. Copyright Springer Science + Business Media, LLC 2006
Keywords: Cost effectiveness; Patient referrals; Hip fractures; Monte Carlo simulation; Markov model (search for similar items in EconPapers)
Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://hdl.handle.net/10.1007/s10729-006-0000-6 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:kap:hcarem:v:9:y:2006:i:4:p:359-369
Ordering information: This journal article can be ordered from
http://www.springer.com/journal/10729
DOI: 10.1007/s10729-006-0000-6
Access Statistics for this article
Health Care Management Science is currently edited by Yasar Ozcan
More articles in Health Care Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().