Question
Cutler (2007) uses cost-effectiveness analysis to measure the value of revascularization (bypass surgery or angioplasty) after a heart attack. According to his estimates, the cost
Cutler (2007) uses cost-effectiveness analysis to measure the value of revascularization (bypass surgery or angioplasty) after a heart attack. According to his estimates, the cost effectiveness for this medical technology is $33,246 per life-year saved. Is this procedure cost effective? Why or why not? Would your answer change if the cost per life-year saved was double that amount?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
