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. 2010 Dec 16;3:1–7. doi: 10.2147/CEOR.S14489

Table 2.

Main results of probabilistic sensitivity analysis

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.