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Assume you want to determine the cost-effectiveness of a New Treatment for stage 4 breast cancer compared to the Old Treatment. You decide to use a one-year time frame. The New Treatment costs $60,000 per patient per year, and 80% of patients are alive at the end of one year. The Old Treatment costs $40,000 per patient per year, and 60% of patients are alive at the end of one year. Assume all relevant outcomes, costs, discounting, etc. are already included.
a) What is the cost-effectiveness of the New Treatment compared to the Old Treatment? Calculate the answer, expressed as cost per life-year gained. Show your work (as much as possible) and give the answer.
b) Next, assume you measure the health state preference (utility) of the patients receiving the two treatments, and you find that the utility is higher for the Old Treatment compared to the New Treatment. In this cost-utility analysis, would it ever be possible for the Old Treatment to be clearly cost-saving (i.e., gain more QALYs for a lower cost) when compared to the New Treatment? If so, how might this occur? If not, why is it not possible?
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
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Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..
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Prepare a major handout on the key principles of instructional leadership
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