health economics advice for analysis on SPSS
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We have analysed the data on 2 groups: The control (N=19) and the pilot group(n=13). The median cost of intervention in the control group was £17,493 [IQR £7,258] and in the pilot were £12,682 [IQR £5,755] (p<0.05), a significant decrease in cost by 27.5%.
We estimate that approximately 1200 (52.8%) patients would be eligible yearly to have the intervention performed in the pilot study. How can we calculate the approximate yearly cost savings?
We estimate that approximately 1200 (52.8%) patients would be eligible yearly to have the intervention performed in the pilot study. How can we calculate the approximate yearly cost savings?