MPP Seminar | Improving Risk Assessment and Treatment Choice in Medical Decision-Making using Risk Assessment Tools by Maria Hofbauer Pérez – School of Economics MPP Seminar | Improving Risk Assessment and Treatment Choice in Medical Decision-Making using Risk Assessment Tools by Maria Hofbauer Pérez – School of Economics

MPP Seminar | Improving Risk Assessment and Treatment Choice in Medical Decision-Making using Risk Assessment Tools by Maria Hofbauer Pérez

 

School of Economics

Invites you to a

Microeconometrics & Public Policy seminar presented by

 

Maria Hofbauer Pérez

(Ludwig Maximilian University of Munich)

Improving Risk Assessment and Treatment Choice in Medical Decision-Making using Risk Assessment Tools

 

Co-authors:
Corinna Hartung – Ludwig Maximilian University of Munich

Charles Manski – Northwestern University

Joachim Winter – Ludwig Maximilian University of Munich

Amelie Wuppermann – Martin-Luther-University Halle-Wittenberg

 

 Friday 23 February 2024

12.00pm – 1.00pm

 Seminar Room 441
A02 Social Sciences Building

Camperdown Campus
The University of Sydney NSW 2006

Physicians frequently encounter situations where they must predict patients’ health outcomes under uncertainty. Existing assessment tools rely on prediction models derived from clinical data but often incorporate only a limited number of known risk factors. In clinical practice, physicians often observe additional risk factors and patient characteristics. Given enhanced access to individual electronic health records and advancements in machine-learning tools for health risk prediction, understanding physicians’ interactions with these tools is increasingly crucial.

This study evaluates a new personalized risk assessment tool (PRAT) that combines an evidence-based risk assessment tool, which predicts health outcomes on a subset of observable risk factors, with additional patient characteristics observed by physicians in a structured way. We conduct an experiment with general practitioners and cardiologists to evaluate PRAT’s effectiveness in predicting patient-specific 10-year risks of fatal cardiovascular events and guiding treatment decisions based on six risk factors. In our experiment, PRAT incorporates an established evidence-based tool, the Systematic COronary Risk Evaluation (SCORE), which includes only five risk factors.

Our experimental evidence shows that the utilization of SCORE leads to more accurate risk predictions compared to relying solely on clinical experience. Furthermore, the use of the evidence-based tool slightly reduces the probability of medication treatment and significantly decreases the likelihood of general practitioners referring patients to cardiologists. However, PRAT only yields small further enhancements in risk assessment.

For further information contact: Microeconometrics & Public Policy Seminar Coordinator
Dr Gregor Pfeifer & Dr Rebecca McKibbin

For all upcoming seminars in School of Economics see Our events and Calendar

 

 

 

 

 

Date

Feb 23 2024
Expired!

Time

12:00 pm - 1:00 pm

Comments are closed.