HEOR underpins much of the work we do at Sierra North. Services include Healthcare financing, cost effectiveness models, budget impact models and MCDA analysis.

For more information on these services please hover or click on the respective service to the left.

At Sierra North we work in partnership with our clients to conduct and appraisal the various financing options alongside the method used to pay health care providers, for healthcare services. This is done using frameworks outlining the public -private mix in health care funding and provision. As part of our analysis, we would also undertake an assessment of the regressive/progressive impact of total financing options based on our client’s needs.

Cost Effectiveness Models

We develop Cost Effectiveness (CE) models to evaluate whether an intervention provides value for money, relative to an existing intervention; with value being defined as cost relative to health outcomes. To achieve this, we identify whether the additional benefits of the intervention, outweighs the cost.

Multiple Criteria Decision Analysis

Our structured multi-criteria decision analysis (MCDA) approach for eliciting, demonstrating, and communicating the value of a health technology, has proved to be highly effective in the healthcare environment. It has been used to support and strengthen the value proposition of our clients’ assets and allows for additional value metrics go be considered and evaluated beyond that of a cost-effectiveness or a burden of illness.

Budget Impact Models

Our Budget Impact Models (BIM) are used to present the prospective financial impact of our client’s products. It is essentially an economic assessment that estimates the financial effects of utilising an intervention and the analysis includes the direct costs of specific resources required to put the intervention into practice.