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.
Cost Effectiveness Models
We have a proven track record in the development of both local and global cost effectiveness (CE) models that meet the requirements and specifications of Health Technology Appraisal (HTA) agencies across the globe. Our overall approach to model development is simplicity and we ensure that the data used in our models are robust, accurate and current. We also provide comprehensive documentation outlining the model inputs, outputs, a technical report, and user guide. We also offer full training for our clients to ensure they can comfortably navigate and have a full understanding of the model and can interpret the findings.
How We Can Help
We help our clients understand and demonstrate the value of their products by ascertaining its cost effectiveness. Our modelling team develop CE models to establish standards and the outcome of our models support our clients with making investment decisions and gaining patient access.