Sensitivity Analysis

Sensitivity Analysis

This paper will analyze the effectiveness of sensitivity analysis for economics evaluation. The healthcare technology is characterized with vast expansion. The expansion has been coupled with constraints that are placed on the budget of healthcare. As a result of these factors, there has been an increase in the importance of effective decision-making. The cost-effectiveness model is an efficient way to determine the value for money. It also predicts the cost and health outcomes associated with different interventions. There are different models which are used to represent the complex and detailed real world with simple structure. These models can only ...