Bayesian multi-parameter evidence synthesis to inform decision-making: a case study in hormone-refractory metastatic prostate cancer
Sze Huey Tan, Keith R Abrams, Sylwia Bujkiewicz

TL;DR
This paper demonstrates how Bayesian multi-parameter evidence synthesis, specifically bivariate meta-analysis, can improve decision-making in health technology assessments by estimating unreported treatment effects to enable more accurate cost-effectiveness models.
Contribution
It introduces the application of bivariate meta-analysis to predict unreported treatment effects, facilitating more detailed multi-state models in health economic evaluations.
Findings
Three-state model yielded lower cost-effectiveness ratio ({ extsterling}21,966/QALY) than two-state model ({ extsterling}30,026/QALY).
Using BVMA allowed inclusion of unreported treatment effects, improving model accuracy.
Advanced meta-analysis techniques can prevent data wastage and enhance decision-making in health technology assessment.
Abstract
In health technology assessment, decisions are based on complex cost-effectiveness models which, to be implemented, require numerous input parameters. When some of relevant estimates are not available the model may have to be simplified. Multi-parameter evidence synthesis allows to combine data from diverse sources of evidence resulting in obtaining estimates required in clinical decision-making that otherwise may not be available. We demonstrate how bivariate meta-analysis (BVMA) can be used to predict unreported estimate of a treatment effect enabling implementation of multi-state Markov model, which otherwise needs to be simplified. To illustrate this, we used an example of cost-effectiveness analysis for docetaxel in combination with prednisolone in metastatic hormone-refractory prostate cancer (mHRPC). BVMA was used to model jointly available data on treatment effects on overall…
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