Javascript must be enabled to continue!
Economic analysis of complementary, alternative, and integrative medicine: considerations raised by an expert panel
View through CrossRef
AbstractBackgroundAn international panel of experts was convened to examine the challenges faced in conducting economic analyses of Complementary, Alternative and Integrative Medicine (CAIM).MethodsA one and a half-day panel of experts was convened in early 2011 to discuss what was needed to bring about robust economic analysis of CAIM. The goals of the expert panel were to review the current state of the science of economic evaluations in health, and to discuss the issues involved in applying these methods to CAIM, recognizing its unique characteristics. The panel proceedings were audiotaped and a thematic analysis was conducted independently by two researchers. The results were then discussed and differences resolved. This manuscript summarizes the discussions held by the panel members on each theme.ResultsThe panel identified seven major themes regarding economic evaluation that are particularly salient to determining the economics of CAIM: standardization (in order to compare CAIM with conventional therapies, the same basic economic evaluation methods and framework must be used); identifying the question being asked, the audience targeted for the results and whose perspective is being used (e.g., the patient perspective is especially relevant to CAIM because of the high level of self-referral and out-of-pocket payment); the analytic methods to be used (e.g., the importance of treatment description and fidelity); the outcomes to be measured (e.g., it is important to consider a broad range of outcomes, particularly for CAIM therapies, which often treat the whole person rather than a specific symptom or disease); costs (e.g., again because of treating the whole person, the impact of CAIM on overall healthcare costs, rather than only disease-specific costs, should be measured); implementation (e.g., highlighting studies where CAIM allows cost savings may help offset its image as an “add on” cost); and generalizability (e.g., proper reporting can enable study results to be useful beyond the study sample).ConclusionsThe business case for CAIM depends on economic analysis and standard methods for conducting such economic evaluations exist. The challenge for CAIM lies in appropriately applying these methods. The deliberations of this panel provide a list of factors to be considered in meeting that challenge.
Springer Science and Business Media LLC
Title: Economic analysis of complementary, alternative, and integrative medicine: considerations raised by an expert panel
Description:
AbstractBackgroundAn international panel of experts was convened to examine the challenges faced in conducting economic analyses of Complementary, Alternative and Integrative Medicine (CAIM).
MethodsA one and a half-day panel of experts was convened in early 2011 to discuss what was needed to bring about robust economic analysis of CAIM.
The goals of the expert panel were to review the current state of the science of economic evaluations in health, and to discuss the issues involved in applying these methods to CAIM, recognizing its unique characteristics.
The panel proceedings were audiotaped and a thematic analysis was conducted independently by two researchers.
The results were then discussed and differences resolved.
This manuscript summarizes the discussions held by the panel members on each theme.
ResultsThe panel identified seven major themes regarding economic evaluation that are particularly salient to determining the economics of CAIM: standardization (in order to compare CAIM with conventional therapies, the same basic economic evaluation methods and framework must be used); identifying the question being asked, the audience targeted for the results and whose perspective is being used (e.
g.
, the patient perspective is especially relevant to CAIM because of the high level of self-referral and out-of-pocket payment); the analytic methods to be used (e.
g.
, the importance of treatment description and fidelity); the outcomes to be measured (e.
g.
, it is important to consider a broad range of outcomes, particularly for CAIM therapies, which often treat the whole person rather than a specific symptom or disease); costs (e.
g.
, again because of treating the whole person, the impact of CAIM on overall healthcare costs, rather than only disease-specific costs, should be measured); implementation (e.
g.
, highlighting studies where CAIM allows cost savings may help offset its image as an “add on” cost); and generalizability (e.
g.
, proper reporting can enable study results to be useful beyond the study sample).
ConclusionsThe business case for CAIM depends on economic analysis and standard methods for conducting such economic evaluations exist.
The challenge for CAIM lies in appropriately applying these methods.
The deliberations of this panel provide a list of factors to be considered in meeting that challenge.
Related Results
Complementary Medicine Use in Sports Medicine
Complementary Medicine Use in Sports Medicine
Background: Complementary medicine therapies are used globally. Around 88% of the countries that are members of the World Health Organization (WHO) reported using such practices wh...
Ekonomika bosanskih velikaša u 14. i 15. stoljeću
Ekonomika bosanskih velikaša u 14. i 15. stoljeću
The role and significance of the Bosnian nobility in the historical currents of medieval Bosnia can be reliably traced in the 14th and 15th centuries when various socio-political f...
The Optimal Public Expenditure in Developing Countries
The Optimal Public Expenditure in Developing Countries
Many researchers believe that government expenditures promote economic growth at the first development stage. However, as public expenditure becomes too large, countries will suffe...
Is complementary and alternative medicine (CAM) cost-effective? a systematic review
Is complementary and alternative medicine (CAM) cost-effective? a systematic review
Abstract
Background
Out-of-pocket expenditures of over $34 billion per year in the US are an apparent testament to a widely held bel...
Integrative veterinary medicine: an emerging trend in veterinary practice
Integrative veterinary medicine: an emerging trend in veterinary practice
Abstract
The American Veterinary Medical Association's (AVMA) House of Delegates recently adopted a revised policy on Complementary, Alternative, and Integrative Veterinary Medicin...
Visualization of Brushing in “Shibo” Production of Hand-Made Japanese Paper
Visualization of Brushing in “Shibo” Production of Hand-Made Japanese Paper
We deal with “Danshi” that has a special wrinkle called “Shibo” on the surface structure of the Japanese paper. Three sheets of wet papers are superimposed to make the Shibo. Wet p...
Using human factor guidelines for developing expert systems
Using human factor guidelines for developing expert systems
Abstract: Although MIS professionals had predicted that expert systems would improve productivity enormously, and a number of expert system application success stories have been r...
Final Report of the Safety Assessment of Alcohol Denat., Including SD Alcohol 3-A, SD Alcohol 30, SD Alcohol 39, SD Alcohol 39-B, SD Alcohol 39-C, SD Alcohol 40, SD Alcohol 40-B, and SD Alcohol 40-C, and the Denaturants, Quassin, Brucine Sulfate/Brucine,
Final Report of the Safety Assessment of Alcohol Denat., Including SD Alcohol 3-A, SD Alcohol 30, SD Alcohol 39, SD Alcohol 39-B, SD Alcohol 39-C, SD Alcohol 40, SD Alcohol 40-B, and SD Alcohol 40-C, and the Denaturants, Quassin, Brucine Sulfate/Brucine,
Alcohol Denat. is the generic term used by the cosmetics industry to describe denatured alcohol. Alcohol Denat. and various specially denatured (SD) alcohols are used as cosmetic i...

