Cost-effectiveness model app

What cost-effectiveness model app is?

Digital health outcomes is featuring cost-effectiveness model app delivered as iPad or web tool for engagement with healthcare payers and providers. It allows to apply custom user inputs and generate decision-maker specific results. These modelling apps also allow to conduct uncertainty analysis by running one-way sensitivity analysis or probabilistic sensitivity  analysis (Monte-Carlo simulation).

How cost-effectiveness model app is delivered?

Digital Health Outcomes transforms Excel-based cost-effectiveness models into powerful decision-making tool by deploying them at dedicated eModels Platform that offers a suite for enter-price features for global to local distribution and content localisation.

Where can I find example of a cost-effectiveness model app?

You can find example of cost-effectiveness model app at our dedicated cost-effectiveness model app page describing it’s features. Alternatively you can explore an online cost-effectiveness model or reach out to sales@digitalho.com to learn more.

Best wishes and Happy New Year!

Digital Health Outcomes team

Automatic Data Sourcing for Health Economic Models – Interoperable data for timely decision-making

This article is inspired by the exciting idea of data interoperability in health economics modelling process, which means sourcing (fetching) inputs for  models in real-time, using modern software infrastructure capabilities. On a larger scale, development of naming conventions for health economic model inputs would be required, so this is also a call for action for researchers working in the health economics modelling domain.

Interoperability – the ability of computer systems or software to exchange and make use of information.

Most of the modellers and consultants working in the field of Health Technology Assessment (HTA) and economic evaluations of healthcare technologies are familiar with the labour intensive process of manual updates/localisation in cost-effectiveness or a budget impact model. In particular, the treatment effect data needs to be validated and approved by multiple parties before it is published and used as a model input to project future health and cost outcomes beyond the lifespan of a clinical study.

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Health Economics and Outcomes Research (HEOR)

HEOR is a field of Economic Evaluations of Healthcare Technologies

Health Economics and Outcomes Research (HEOR) is an area of economic analyses that deals with the studies and mathematical models (simulations) based on available clinical, epidemiological, economic data and published evidence to inform rational and evidence based decision making. HEOR deals with allocation of funds for healthcare purchasing,  evaluations of the value for money of healthcare technologies, drugs and medical devices in order to inform budgeting and change in clinical practice decisions. Healthcare payers (government, insurance companies, hospitals) operating under constrained budgets are always seeking to maximise the output (value, health, procedures) subject to limited financial resources and other constraints (technical, time, legal, management changes).

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