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(375)Utilizing preferences derived from discrete choice experiment to inform cost-effectiveness analysis: a case in precision

Title: Utilizing preferences derived from discrete choice experiment to inform cost-effectiveness analysis: a case in precision

Speaker: Dr. Shan Jiang, School of Public Health, University of British Columbia, Canada

Time: Dec 2nd, 2019, Monday, 9:30-12:00 AM

Venue: Building 24#-C207

Host: Prof. Jing Wu

Abstract: Health economists apply discrete choice experiments (DCEs) to investigate the preferences of patients and/or physicians for health services. It is still in development that how to utilize preferences derived from DCEs to inform resource allocation in the field of health services. To demonstrate the endeavour in utilizing preferences to inform cost-effectiveness analysis (CEA), we conducted a CEA on the return of secondary findings (SFs) derived from genome sequencing. By incorporating the stated preferences from DCEs conducted among patients and physicians, respectively, we were able to utilize the preferences in the CEA decision framework and create clinical policy scenarios to calculate the values of returning SFs.