Question
Susan, a 61-year-old nurse has been admitted to the trauma center of Orlando Health. A terrible car accident changed her health status in a
Susan, a 61-year-old nurse has been admitted to the trauma center of Orlando Health. A terrible car accident changed her health status in a dramatic way. Her physicians are doing everything possible to help Susan recover, however her quality of life is going to be affected permanently. In addition, she will require continuous therapies and treatments. The following estimates were provided by the trauma center: Life Extension Survival Probability (Fi) Treatment Cost Quality of Life (q) Year 1 0.9 0.7 $10,000 Year 2 0.8 0.7 $14,000 Year 3 0.7 0.6 $16,000 Year 4 0.6 0.5 $17.000 Year 5 0.5 0.5 $19,000 Year 6 0.4 0.4 $20,000 Year 7 0.3 0.4 $22,000 Year 8 0.2 0.3 $21,000 Year 9 0.1 0.3 $26,000 Assume a discount rate of 4%. a. What is Susan's total number of discounted QALYS? b. What is the expected cost per QALY for the 9-year regimen?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Transport Operations
Authors: Allen Stuart
2nd Edition
978-0470115398, 0470115394
Students also viewed these General Management questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App