Tradeoffs When Building and Running Cohort and Patient-Level Markov Simulation Models

Tradeoffs When Building and Running Cohort and Patient-Level Markov Simulation Models

The choice of health care modeling approaches is driven by trade-offs between various modeling techniques. This study evaluates cohort (CH) versus patient-level (PL) Markov modeling techniques within a cost-effectiveness analysis framework to understand the practical decisions analysts face. Both th...

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Bibliographic Details
Main Authors: Balázs Nagy, Ahmad Nader Fasseeh, Jonathan D. Campbell, Zoltán Kaló, Kareem Ahmed El-Fass, Rok Hren, Bertalan Németh
Format: Article
Language:English
Published: MDPI AG 2024-12-01
Series:Algorithms
Subjects:
Markov modeling
cohort
patient level
cost-effectiveness
net monetary benefit
multiple sclerosis
Online Access:https://www.mdpi.com/1999-4893/17/12/546
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