Cost Collection and Analysis for Health Economic Evaluation

OBJECTIVE: To improve the understanding of common health care cost collection, estimation, analysis, and reporting methodologies. DATA SOURCES: Ovid MEDLINE (1947 to December 2012), Cochrane Central register of Controlled Trials, Database of Systematic Reviews, Health Technology Assessment, and National Health Service Economic Evaluation Database. REVIEW methods: defining relevant resources, quantification of consumed resources, and resource valuation. It outlines the recommendations for cost reporting in economic evaluations and reviews the techniques on how to handle cost data uncertainty. Last, it discusses the controversial topics of future costs and patient productivity losses. CONCLUSION: Health care cost collection and estimation can be challenging, and an organized approach is required to optimize accuracy of economic evaluation outcomes. IMPLICATIONS FOR PRACTICE: Understanding health care cost collection and estimation techniques will improve both critical appraisal and development of future economic evaluations.