heemod
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Value-Based Price
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