Estimation of mean health care costs and incremental cost-effectiveness ratios with possibly censored data Academic Article

abstract

• In this article, we describe the hcost program for estimating mean health care costs and incremental cost-effectiveness ratios with possibly censored data. hcost estimates the mean survival time and the mean costs, as well as their variances and covariance, for a given time horizon. If the group variable is specified, hcost will report the differences between two groups, as well as the incremental cost-effectiveness ratio and its confidence interval (optional). hcost can estimate the mean costs using two methods corresponding to different types of data: the Bang and Tsiatis (2000, Biometrika 87: 329343) estimator using only the total costs or the Zhao and Tian (2001, Biometrics 57: 10021008) estimator when cost-history data are available. The hcost program can also be used to specify the annual discounting rates for survival time and costs.

authors

• Zhao, Hongwei

published proceedings

• Stata Journal

author list (cited authors)

• Chen, S., Rolfes, J., & Zhao, H.

citation count

• 11

complete list of authors

• Chen, Shuai||Rolfes, Jennifer||Zhao, Hongwei

publication date

• October 2015

publisher

• SAGE Publications  Publisher

published in

• n1536-867XISSN  Journal

keywords

• Censored Data
• Cost History
• Cost-effectiveness Analysis
• Hcost
• Mean Costs
• St0399

Digital Object Identifier (DOI)

• 10.1177/1536867X1501500305

start page

• 698

end page

• 711

volume

• 15

issue

• 3

URL

• http%3A%2F%2Fdx.doi.org%2F10.1177%2F1536867x1501500305

user-defined tag

• 3 Good Health and Well-Being