In the developed world, the demand for healthcare is rising faster than sup
ply, so that governments are faced with the need to allocate limited resour
ces for maximum benefit. Many governments are responding to these pressures
by developing health technology assessment agencies, which evaluate the co
st effectiveness of new pharmaceutical and medical products relative to exi
sting interventions. In England and Wales, the agency concerned with health
technology assessment is the National Institute for Clinical Excellence (N
ICE). NICE brings together evidence of clinical and cost effectiveness to j
udge the value of the treatment relative to alternative uses of National He
alth Service (NHS) resources and makes recommendations on use of the treatm
ent by the NHS in England and Wales. NICE evaluates technologies where they
may result in significant impact on NHS resources or key healthcare policy
. The health technology assessment includes a review of the clinical effect
iveness, cost effectiveness and service impact of the technology under cons
ideration. This health technology assessment report, together with submissi
ons from the technology manufacturer, and patient and healthcare profession
als groups, is then considered by an appraisal committee that formulates gu
idance to the NHS and is ultimately published by NICE.
A number of countries have formal guidelines on the use of outcome measures
and economic evaluations in the submissions required for health technology
assessment prior to market access. These guidelines vary in both the detai
l and level of mandatory requirement to be followed by technology manufactu
rers. NICE has recently updated its guidance to technology manufacturers on
their submissions. These guidelines, developed in consultation with the he
althcare industry, provide detailed specification of the requirements of NI
CE for health outcomes data and economic evaluation. These details are desc
ribed in more detail in this paper.