An Economic Model for Estimating Trial Costs with an Application to Placebo Surgery Trials.
Chris SchillingMichelle TewSamantha BunzliCade ShadboltL Stefan LohmanderZsolt J BaloghFrancesco PaolucciPeter F ChoongMichelle M DowseyPhilip ClarkePublished in: Applied health economics and health policy (2022)
This model shows the trade-offs between time and cost, or both, when recruitment is lower than anticipated. Greater consideration is needed to improve trial planning, reviewing, and funding of these trials to avoid costly overruns and incomplete trials.