It has become common for analysts to present the findings of cost-util
ity analyses in cost per quality-adjusted life-year (QALY) league tabl
es or rankings. These purport to show the relative value-for-money of
different healthcare technologies. Concomitantly, there is an increasi
ng market for cost-effectiveness data worldwide. However, the practice
of constructing league tables has drawn criticism. Claims of inapprop
riate comparisons, and poor and flawed methodology have been made. How
should decision-makers view cost/QALY league tables? In future, publi
shed league tables will need to be more informative and thus, by neces
sity, complex. The principal obstacle to informing health policy-maker
s with economic analysis is the lack of appropriate outcome data. From
this follows uncertainty as to what represents acceptable value-for-m
oney in healthcare purchasing. Thus, the long term objective must be t
o obtain valid assessments of the value of current and new health serv
ice activities. It is in this context that league tables may eventuall
y be most helpful. More immediately, a strategy is required to help de
cision-makers to prioritise resources rationally with incomplete infor
mation.