Table 8Equivalent annual cost of NIV

ParameterValueSource
K = purchase price of NIV£4,000Assumption based on Table 7
T = training£0NA - captured on a per patient basis
r = discount (interest) rate3.5%NICE reference case
n = equipment lifespan10 yearsAssumption informed by committee
A (n,r) = annuity factor (n years at interest rate r)8.61Calculated
E = equivalent annual cost£465Calculated

NA, not applicable; NICE, National Institute for Health and Care Excellence; NIV, non-invasive ventilation

From: Appendix K, Health Economics

Cover of Cystic Fibrosis
Cystic Fibrosis: Diagnosis and management.
NICE Guideline, No. 78.
National Guideline Alliance (UK).
Copyright © NICE 2017.

NCBI Bookshelf. A service of the National Library of Medicine, National Institutes of Health.