heemod icon indicating copy to clipboard operation
heemod copied to clipboard

Value-Based Price

Open jrdnmdhl opened this issue 7 years ago • 0 comments

It would be very useful to have a built-in analysis for calculating a value-based price for an intervention.

This could be done by specifying:

  • The input parameter representing the price of the intervention itself (e.g. price per mg of the drug)
  • The state value representing the total cost of the intervention itself (e.g. total medication cost of the drug)
  • The threshold value

Calculation might work using the following steps:

  • Calculate the base case NMB at the given threshold
  • Get the delta cost for the state value in question for each comparator (typically, the state value used in a VBP would only be defined for one therapy, but there are special cases...)
  • If NMB + delta cost is less than 0, then VBP is undefined (not cost-effective at zero price)
  • Otherwise, VBP is the parameter value such that NMB = 0

jrdnmdhl avatar May 28 '17 03:05 jrdnmdhl