Health economic modelling

Early models can be a valuable tool to inform decisions on the price, target markets and population. Our team has experience in creating early cost-effectiveness models. By building an easy-to-use early model, we can help assess the likely costs and health outcomes of new technology during an ongoing clinical trial.

Cost-effectiveness models have become mandatory for most HTA agencies and are the cornerstone of payer negotiations. Asc Academics can build health economic models from scratch that will translate the clinical benefits of your healthcare innovation into monetary savings and understandable quality of life outcomes.

Although healthcare innovations can cause health gains, national healthcare budgets are not infinite. Therefore, payers (insurance companies, hospital departments, and ministries) use budget impact models to determine the overall costs of the innovation. Our team can build, from scratch, budget impact models that are easy to use and adaptable to various countries. In addition, we collaborate with high-end app developers that can make the budget-impact model tablet applicable for your salesforce to use in conversations with stakeholders.

This model type is characterized by a variable risk of infection, a distinctive feature of contagious disease. Our team can build dynamic models from scratch to reproduce the spread of infectious diseases on the general population or assess the effects of control programs. We can predict an infectious disease's prevalence and burden and inform decisions on disease control strategies.

Asc Academics is skilled in country adaptations for cost-effectiveness and budget impact analyses. Country model adaptations require country-specific inputs that range from comparative products to healthcare costs. At the same time, HTA guidelines might vary the discount rate, the time horizon or the perspective adopted in the model. We can adapt complex models to local HTA guidelines and country-specific evidence.

High-quality and transparent cost-effectiveness models are crucial to demonstrate an innovation's value and support decision-making. Asc Academics provides quality controls for these technical models. Our team ensures that models are of the best quality by performing technical checks, evaluating the analytical methods to produce input and outputs, and critically assessing the strategic approach.