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Conducting Economic Evaluations Alongside Randomised Trials: Current Methodological Issues and Novel Approaches

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Abstract

Trial-based economic evaluations are an important aspect of health technology assessment. The availability of patient-level data coupled with unbiased estimates of clinical outcomes means that randomised controlled trials are effective vehicles for the generation of economic data. However there are methodological challenges to trial-based evaluations, including the collection of reliable data on resource use and cost, choice of health outcome measure, calculating minimally important differences, dealing with missing data, extrapolating outcomes and costs over time and the analysis of multinational trials. This review focuses on the state of the art of selective elements regarding the design, conduct, analysis and reporting of trial-based economic evaluations. The limitations of existing approaches are detailed and novel methods introduced. The review is internationally relevant but with a focus towards practice in the UK.

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Author contributions

Dyfrig Hughes conceived this review and, with Eifiona Wood, revised the manuscript critically for important intellectual content. Dyfrig Hughes, Joanna Charles, Dalia Dawoud, Rhiannon Tudor Edwards, Emily Holmes, Carys Jones, Paul Parham, Catrin Plumpton, Colin Ridyard, Huw Lloyd-Williams, Eifiona Wood and Seow Tien Yeo made substantial contributions to the design and drafting of the work, approved the version to be published, and agree to be accountable for all aspects of the work in ensuring that questions related to the accuracy or integrity of any part of the work are appropriately investigated and resolved. Dyfrig Hughes will act as guarantor of the work presented in this paper.

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The preparation of this review was funded by the Medical Research Council North-West Hub in Trials Methodology Research, Reference Number G0800792.

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Dyfrig Hughes, Joanna Charles, Dalia Dawoud, Rhiannon Tudor Edwards, Emily Holmes, Carys Jones, Paul Parham, Catrin Plumpton, Colin Ridyard, Huw Lloyd-Williams, Eifiona Wood and Seow Tien Yeo declare they have no conflicts of interest.

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Hughes, D., Charles, J., Dawoud, D. et al. Conducting Economic Evaluations Alongside Randomised Trials: Current Methodological Issues and Novel Approaches. PharmacoEconomics 34, 447–461 (2016). https://doi.org/10.1007/s40273-015-0371-y

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