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A new surgical procedure reduces recovery time necessary after an operation. The new procedure costs $ 2 5 , 0 0 0 , and after

A new surgical procedure reduces recovery time necessary after an operation. The new procedure costs $25,000, and after undergoing the surgery there's a 50% chance that a patient will live 1 year and a 50% chance they will live 9 years. The QALY weight after receiving the surgery is 0.6.
The old procedure costs $75,000 and an average patient has a 50% chance of surviving 2 years and a 50% chance of surviving 7 years. The QALY weight after receiving the old surgery is 0.6.
Assume the value of one quality-adjusted life-year is $100,000, and ignore discounting and consumption costs.
Based on a cost-benefit analysis, would you recommend that medical providers switch to the new technology? Please show all calculations.
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