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When researchers look to see if a treatment is cost effective, what are they looking at?
The importance of cost effectiveness of a treatment can't be forgotten. Some treatments may seem to be the answer to many prayers, but if they're completely unaffordable, then they're can't be considered to be realistic. As well, if there are several treatments, all equally effective, but cost is a factor, it's important for the prescribing doctors to understand the various costs and benefits.
So, researchers who are investigating the cost effectiveness look at a variety of issues, including the initial outlay for the equipment, how much it will cost to maintain the equipment or keep up the proper amount of medications, and the cost of dealing with any complications that could occur. They also look at how effective the treatments are at helping the patients return to work or become productive again.
Malgorzata M. Bala, MD, PhD, et al. Systemic Review of the (Cost)-effectiveness of Spinal Cord Stimulation for People With Failed Back Surgery Syndrome. In Clinical Journal of Pain. November/December 2008. Vol. 24. No. 9. pp. 741-755.
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