3. Henson Research Institute (HRI) is examining several treatment options for Chronic Fatigue, a condition acquired by all Academics in higher education. While the Professors enjoy their work, HRI suggests they explore numerous relaxation options for longevity of career. The institute invited a cohort of 500 Academics (assigned to different treatments) to participate in a study, which involved basic bedrest and several additional treatment options. Decision makers are now depending on you to determine if future cohorts will be invited, and if all of the treatment options are still feasible (clearly Spa Therapy is the most popular but is it feasible?). Using the information below, calculate: (a) total cost for each treatment option, (b) total cases cured for each treatment option, and (c) ICER for each treatment option. Then determine: d) if the budget for the project is $2.5M, which options are truly feasible for this study? (20 points) Description Effen Total Cost # Cas Cod KER Number of Cost Per Person Cost Per Pension Butici (Renon) (Tramont) (%Cuai 75 29% S 25 $ 2:50 70% $ 50 Bal Ret Pham Treatment Holistic Treatness They Therapy S S S S S 15.00 $ 2.000.00 25.00 $ 5.000.00 $0.00 $ 2.500.00 $0.00 $ 15,000.00 $ S S $ S 3. Henson Research Institute (HRI) is examining several treatment options for Chronic Fatigue, a condition acquired by all Academics in higher education. While the Professors enjoy their work, HRI suggests they explore numerous relaxation options for longevity of career. The institute invited a cohort of 500 Academics (assigned to different treatments) to participate in a study, which involved basic bedrest and several additional treatment options. Decision makers are now depending on you to determine if future cohorts will be invited, and if all of the treatment options are still feasible (clearly Spa Therapy is the most popular but is it feasible?). Using the information below, calculate: (a) total cost for each treatment option, (b) total cases cured for each treatment option, and (c) ICER for each treatment option. Then determine: d) if the budget for the project is $2.5M, which options are truly feasible for this study? (20 points) Description Effen Total Cost # Cas Cod KER Number of Cost Per Person Cost Per Pension Butici (Renon) (Tramont) (%Cuai 75 29% S 25 $ 2:50 70% $ 50 Bal Ret Pham Treatment Holistic Treatness They Therapy S S S S S 15.00 $ 2.000.00 25.00 $ 5.000.00 $0.00 $ 2.500.00 $0.00 $ 15,000.00 $ S S $ S
