Table 2.
Monte Carlo simulation results for: | Midsized department | Small department |
---|---|---|
Incremental cost per admission: | −£3.10 (SD ± 1.54) | £0.01 (SD ± 2.40) |
Incremental effect per admission: | 0.0000012 QALY (SD ± 0.0000006) | 0.0000012 QALY (SD ± 0.0000006) |
ICER | Dominant | £10,645 |
Percentage cost-effective at a WTP of £30,000 per QALY gained | >95% | 51% |
Abbreviations: SD, standard deviation; ICER incremental cost-effectiveness ratio; WTP, willingness-to-pay; QALY, quality adjusted life year.