Free template
Simple Decision-Tree Cost-Effectiveness Template
A blank Excel workbook for a simple decision-tree cost-effectiveness analysis comparing an intervention with a comparator, with expected costs and outcomes, the ICER, net monetary benefit and a sensitivity log.
ExcelUpdated 30 September 2026Economic evaluation & HTA
What's inside
- A tree sheet with up to eight pathways for each strategy
- Automatic expected costs and outcomes, with a probability check
- Incremental cost, incremental outcome, ICER, dominance and net monetary benefit
- A one-way sensitivity analysis log
- An instructions sheet
Key points
- 01Blank structure with formulas only — no data are included.
- 02Suited to short-term decisions such as testing or treatment strategies.
- 03Flags dominance automatically and reports net monetary benefit at your threshold.
- 04For chronic or recurring conditions, a Markov model is usually more appropriate.
Frequently asked questions
When is a decision tree appropriate?
For decisions whose consequences play out over a short period with a limited number of pathways, such as choosing between diagnostic or treatment strategies.
Does the template include probabilities or costs?
No. Enter your own values for each pathway, with sources.
What outcome should I use?
Any outcome where higher is better, such as DALYs averted, QALYs gained or cases detected. Use the same outcome for both strategies.
Need this done properly?
This template gives you the structure. If you would rather have the analysis done for you — with local data, independent quality control and a report you can defend — we can help.
Need this done properly?
Tell us about the decision you need to support. We will propose a scope, timeline and price.