October 28, 2024

Exact Sciences Explains: The Efficient Frontier

When investors make an investment, they look for portfolio options that offer the highest expected return for a given level of risk. Their goal is to find the ideal tradeoff and best balance between risk and return.

This concept applies to health care, too. Patients and health care providers want the best possible outcomes from the investment in care. To help guide patient care, a model known as the efficient frontier is used to identify and recommend optimal solutions.

Learn more:

Ebner DW, Fendrick AM, Kisiel JB, et al. Comparison of efficient frontier strategies for standard vs emerging colorectal cancer screening strategies. From American Gastroenterological Association. 2024;S-365 

Video thumbnail showing a doctor consulting with a patient, with a central graphic of a scale inside a hexagon. Text on the left reads 'Benefit: Life-years gained' and on the right reads 'Burden: Lifetime number of colonoscopies.