The risk of a major complication from ''blind'' percutaneous liver bio
psy is reported to be in the range of 0.24% to 3.8%. In a recent rando
mized trial, patients whose liver biopsies were performed with ultraso
nography had a significant reduction in complications requiring hospit
alization compared with patients without ultrasound-guided biopsies (0
.5% vs. 2.2%, P < .05). Despite this, routine use of ultrasonography f
or liver biopsies has not been implemented because of controversies wi
th respect to cost-effectiveness. The aim of our study was to analyze
the relative cost-effectiveness of performing ultrasound-guided liver
biopsies using decision analysis. A decision tree was constructed to c
ompare a strategy of liver biopsy using ultrasonography with a strateg
y without ultrasonography. The major outcomes included were minor comp
lications such as pain requiring analgesics and major complications, w
hich require hospitalization. Costs included were direct medical costs
from the payer's perspective. In our baseline model, the cost from co
mplications per patient with and without ultrasonography was $62 and $
129, respectively. The marginal effectiveness expressed as the number
of major complications avoided was 1.2/100 liver biopsies, The increme
ntal cost to avoid one major complication was $2,731. The model was mo
st sensitive to the frequency of major complications and the additiona
l cost of ultrasonography. Our decision analysis model suggests that u
ltrasound-guided liver biopsy is cost-effective. Future studies assess
ing the efficacy of image-guided liver biopsies should be conducted.