Cost-Effectiveness Planes: The Basics

Download your free HEOR Roadmap here: https://mirkovonhein.com/roadmap Get my free weekly HEOR newsletter: https://pharmaradar.beehiiv.com/ Want to master HEOR? Enrol in my structured training: https://mirkovonhein.com/course ---------------------------------------- VIDEO SUMMARY 🎬 I explain the four quadrants of the cost-effectiveness plane (CEP), willingness-to-pay (WTP) thresholds, simple vs. extended dominance, and the cost-effectiveness frontier (CEF) ➕📈 Want to learn how to build a Markov Cohort Simulation in Excel? Watch this 👉    • How to Build a Markov Model in Excel to Co...   ---------------------------------------- CONNECT WITH ME 📲 Twitter: https://x.com/vonHeinMirko LinkedIn:   / mirko-von-hein-b9885110b   Instagram:   / mirkovonhein   Facebook: https://www.facebook.com/profile.php?... ---------------------------------------- TIMECODES ⏰ 0:00 Intro 0:19 The Cost-Effectiveness Plane Explained: The 4 Quadrants 2:29 Plotting ICERs on the Cost-Effectiveness Plane 3:30 Willingness-to-Pay (WTP) Thresholds: How They Work 4:55 Diagnostic Test Example 5:15 Dominant vs. Dominated & Simple vs. Extended Dominance: What’s the Difference? 7:04 Plotting our Cost-Effectiveness Frontier 7:40 Using CEPs to Plot Probabilistic Sensitivity Analysis (PSA) Results ---------------------------------------- SUBSCRIBE TO MY CHANNEL 🔔    / @mirkovonhein   ---------------------------------------- REFERENCES 📚 Example (Diagnostic Tests): Edlin, R., McCabe, C., Hulme, C., Hall, P., & Wright, J. (2015). Cost effectiveness modelling for health technology assessment: a practical course (No. 12404). Cham: Springer International Publishing. ---------------------------------------- HASHTAGS 🏷️ #CostEffectivenessAnalysis #HealthEconomics #QALYs