Calculate the incremental cost-effectiveness ratio icer for, Financial Management

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Calculate the incremental cost-effectiveness ratio icer for

Given: Cost Effectiveness Current Treatment $100,000 4 life-years gained New Treatment $250,000 10 life-years gained & the health-utility index is 0.5 for the current treatment and 0.8 for the new treatment, a. Calculate the Incremental Cost-Effectiveness Ratio (ICER) for the current and new treatment b. Calculate the number of QALYs for the current and new treatment. b. Calculate the cost-utility index for new treatment. c. Should the new treatment be adopted? d. Why?

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Financial Management: Calculate the incremental cost-effectiveness ratio icer for

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Financial Management: Calculate the incremental cost-effectiveness ratio icer for

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