Method of measuring cost and effectiveness

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A controversial new device, the implantable cardiac defibrillator (ICD), was used in a clinical trial to determine if it improved survival for heart attack patients over the standard drug treatment. The trial provided the following information: Two years after the first heart attack, 85% of the ICD patients were still alive, compared to 70% of the drug treatment group. No additional data were available after the 24-month trial.

Explore how to utilize survival measures as a method of measuring cost and effectiveness. It is important to be able to consider just how many patients may be affected, what their treatment alternatives are, and the impact of using survival measures as a method of measuring cost and effectiveness

Reference no: EM133125792

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