Ratcliffe, JulieBourke, SiobhanLi, JinhuMulhern, BrendanHutchinson, ClaireKhadka, JyotiMilte, RachelLancsar, Emily2023-11-212023-11-211179-2027http://hdl.handle.net/1885/307345Objective This paper reports on the valuation of the classifcation system for the Quality-of-Life Aged Care Consumers (QOL-ACC) instrument using a discrete choice experiment (DCE) with duration with a large sample of older people receiving aged care services. Methods A DCE with 160 choice sets of two quality-of-life state–survival duration combinations blocked into 20 survey versions, with eight choice sets in each version, was designed and administered through an on-line survey to older Australians receiving aged care services in home and via interviewer facilitation with older people in residential aged care settings. Model specifcations investigating preferences with respect to survival duration and interactions between QOL-ACC dimension levels were estimated. Utility weights were developed, with estimated coefcients transformed to the 0 (being dead) to 1 (full health) scale to generate a value set suitable for application in quality assessment and for the calculation of quality-adjusted life-years for use in economic evaluation. Results In total, 953 older people completed the choice experiment with valid responses. The estimation results from econometric model specifcations indicated that utility increased with survival duration and decreased according to qualityof-life impairment levels. An Australian value set (range −0.56 to 1.00) was generated for the calculation of utilities for all QOL-ACC states. Conclusion The QOL-ACC is unique in its focus on measuring and valuing quality of life from the perspective of older people themselves, thereby ensuring that the preferences of aged care service users are the primary focus for quality assessment and economic evaluation.Open Access funding enabled and organized by CAUL and its Member Institutions. This work was supported by an Australian Research Council Linkage Project grant (LP170100664). We are grateful to our aged care partner organisations Helping Hand; ECH; Uniting Agewell; Uniting ACT NSW; Presbyterian Aged Care and the Caring Futures Institute at Flinders University for their additional fnancial and in-kind contributions.application/pdfen-AU© The Author(s) 2022https://creativecommons.org/licenses/by-nc/4.0/Valuing the Quality-of-Life Aged Care Consumers (QOL-ACC) Instrument for Quality Assessment and Economic Evaluation2022-08-0410.1007/s40273-022-01158-22022-08-07Creative Commons Attribution-NonCommercial 4.0 International License