Economic Decision Analysis in the Diagnosis and Treatment of Low Back Pain A Methodologic Primer
- 1 September 1994
- journal article
- Published by Wolters Kluwer Health in Spine
- Vol. 19 (Supplement) , 2101S-2106S
- https://doi.org/10.1097/00007632-199409151-00013
Abstract
This article outlines basic principles for the economic analysis of clinical decisions. Using a hypothetical scenario involving a patient with low back pain, the specific application of cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA) is illustrated; and the two methodologies are compared. Cost-benefit analysis is advanced in the "gold standard" among the two approaches because it forces decision makers to explicitly value both the cost and health consequences of alternative clinical actions.Keywords
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