Details
Translated title of the contribution | Costs of schizphrenia - Structural equation models as decision making support tool in health economics: Structural Equation Models as Decision Making Support Tool in Health Economics |
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Original language | Multiple languages |
Pages (from-to) | 120-124 |
Number of pages | 5 |
Journal | Gesundheitsokonomie und Qualitatsmanagement |
Volume | 8 |
Issue number | 2 |
Publication status | Published - Apr 2003 |
Externally published | Yes |
Abstract
Objective: The goal of the study is to bring out advantages of structural equation models over conventional methods in health economic decision-making processes. Methods: In this study, causal relations of direct and indirect costs are investigated in schizophrenic subjects. The structural equation models are based on data obtained from a health care analysis. X2 test, degrees of freedom, P value, goodness of fit and adjusted goodness of fit are used to evaluate the structural equation models. Results: The structural equation model demonstrates that no less than 23 percent of direct costs for the treatment of schizophrenia are accounted for by the two factors severity of disease and time. The severity of disease carries more weight than the time factor. The standardized path coefficient is 0.33. The time factor has less effect than the severity of disease with a standardized regression coefficient of 0.27. The double arrow between the factors severity and time describes a correlation which is 0.26. Based on both inference statistical and descriptive parameters, all of which are within the nominal range, the structural equation model for direct costs can be confirmed with the data set on hand. With use of this model, 51 percent of indirect costs are accounted for by the two factors severity and time. As for indirect costs, the time factor of 0.63 carries more than twice as much weight as severity exerting effects with a standardized path coefficient of 0.25. This also explains the correlation between the residuum of the Global Assessment Scale (GAS) and the residuum of the time factor. There is a relationship between the residuum of GAS, which measures the degree of severity in the long term, and the residuum of the time factor. It may be conjectured that another factor is hiding behind this correlation, that is early retirement. In this model, too, all parameters are within the nominal range. Conclusions: The example of costs of schizophrenia has demonstrated the portrayal and quantification of networking structures. Due to the portrayal of structures and quantification of causal relationships, structural equation models provide substantial support for decision-making processes.
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In: Gesundheitsokonomie und Qualitatsmanagement, Vol. 8, No. 2, 04.2003, p. 120-124.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Kosten der Schizophrenie
T2 - Strukturgleichungsmodelle als Instrument der Entscheidungshilfe bei gesundheitsökonomischen Fragestellungen
AU - Clouth, J.
AU - Uber, A.
AU - Graf von der Schulenburg, J. M.
PY - 2003/4
Y1 - 2003/4
N2 - Objective: The goal of the study is to bring out advantages of structural equation models over conventional methods in health economic decision-making processes. Methods: In this study, causal relations of direct and indirect costs are investigated in schizophrenic subjects. The structural equation models are based on data obtained from a health care analysis. X2 test, degrees of freedom, P value, goodness of fit and adjusted goodness of fit are used to evaluate the structural equation models. Results: The structural equation model demonstrates that no less than 23 percent of direct costs for the treatment of schizophrenia are accounted for by the two factors severity of disease and time. The severity of disease carries more weight than the time factor. The standardized path coefficient is 0.33. The time factor has less effect than the severity of disease with a standardized regression coefficient of 0.27. The double arrow between the factors severity and time describes a correlation which is 0.26. Based on both inference statistical and descriptive parameters, all of which are within the nominal range, the structural equation model for direct costs can be confirmed with the data set on hand. With use of this model, 51 percent of indirect costs are accounted for by the two factors severity and time. As for indirect costs, the time factor of 0.63 carries more than twice as much weight as severity exerting effects with a standardized path coefficient of 0.25. This also explains the correlation between the residuum of the Global Assessment Scale (GAS) and the residuum of the time factor. There is a relationship between the residuum of GAS, which measures the degree of severity in the long term, and the residuum of the time factor. It may be conjectured that another factor is hiding behind this correlation, that is early retirement. In this model, too, all parameters are within the nominal range. Conclusions: The example of costs of schizophrenia has demonstrated the portrayal and quantification of networking structures. Due to the portrayal of structures and quantification of causal relationships, structural equation models provide substantial support for decision-making processes.
AB - Objective: The goal of the study is to bring out advantages of structural equation models over conventional methods in health economic decision-making processes. Methods: In this study, causal relations of direct and indirect costs are investigated in schizophrenic subjects. The structural equation models are based on data obtained from a health care analysis. X2 test, degrees of freedom, P value, goodness of fit and adjusted goodness of fit are used to evaluate the structural equation models. Results: The structural equation model demonstrates that no less than 23 percent of direct costs for the treatment of schizophrenia are accounted for by the two factors severity of disease and time. The severity of disease carries more weight than the time factor. The standardized path coefficient is 0.33. The time factor has less effect than the severity of disease with a standardized regression coefficient of 0.27. The double arrow between the factors severity and time describes a correlation which is 0.26. Based on both inference statistical and descriptive parameters, all of which are within the nominal range, the structural equation model for direct costs can be confirmed with the data set on hand. With use of this model, 51 percent of indirect costs are accounted for by the two factors severity and time. As for indirect costs, the time factor of 0.63 carries more than twice as much weight as severity exerting effects with a standardized path coefficient of 0.25. This also explains the correlation between the residuum of the Global Assessment Scale (GAS) and the residuum of the time factor. There is a relationship between the residuum of GAS, which measures the degree of severity in the long term, and the residuum of the time factor. It may be conjectured that another factor is hiding behind this correlation, that is early retirement. In this model, too, all parameters are within the nominal range. Conclusions: The example of costs of schizophrenia has demonstrated the portrayal and quantification of networking structures. Due to the portrayal of structures and quantification of causal relationships, structural equation models provide substantial support for decision-making processes.
KW - Health care costs
KW - Schizophrenia
KW - Structural equation model
UR - http://www.scopus.com/inward/record.url?scp=0037951445&partnerID=8YFLogxK
U2 - 10.1055/s-2003-39145
DO - 10.1055/s-2003-39145
M3 - Article
AN - SCOPUS:0037951445
VL - 8
SP - 120
EP - 124
JO - Gesundheitsokonomie und Qualitatsmanagement
JF - Gesundheitsokonomie und Qualitatsmanagement
SN - 1432-2625
IS - 2
ER -