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Breaking up is hard to do : the economic impact of provisional funding contingent upon evidence development

Mortimer, Duncan, Li, Jing Jing, Watts, Jennifer and Harris, Anthony 2011, Breaking up is hard to do : the economic impact of provisional funding contingent upon evidence development, Health economics, policy and law, vol. 2011, no. 6, pp. 509-527, doi: 10.1017/S1744133111000144.

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Title Breaking up is hard to do : the economic impact of provisional funding contingent upon evidence development
Author(s) Mortimer, Duncan
Li, Jing Jing
Watts, JenniferORCID iD for Watts, Jennifer orcid.org/0000-0001-8095-8638
Harris, Anthony
Journal name Health economics, policy and law
Volume number 2011
Issue number 6
Start page 509
End page 527
Total pages 18
Publisher Cambridge University Press
Place of publication Cambridge, England
Publication date 2011-10
ISSN 1744-134X
Summary Funding contingent upon evidence development (FED) has recently been the subject of some considerable debate in the literature but relatively little has been made of its economic impact. We argue that FED has the potential to shorten the lag between innovation and access but may also (i) crowd-out more valuable interventions in situations in which there is a fixed dedicated budget; or (ii) lead to a de facto increase in the funding threshold and increased expenditure growth in situations in which the programme budget is open-ended. Although FED would typically entail periodic review of provisional or interim listings, it may prove difficult to withdraw funding even at cost/QALY ratios well in excess of current listing thresholds. Further consideration of the design and implementation of FED processes is therefore required to ensure that its introduction yields net benefits over existing processes.
Language eng
DOI 10.1017/S1744133111000144
Field of Research 119999 Medical and Health Sciences not elsewhere classified
Socio Economic Objective 970111 Expanding Knowledge in the Medical and Health Sciences
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2011, Cambridge University Press
Persistent URL http://hdl.handle.net/10536/DRO/DU:30054605

Document type: Journal Article
Collections: School of Health and Social Development
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Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.