Economic Evaluation
Economic evaluation generates evidence-based information to inform decision-making about the efficient allocation of scarce resources. Health economics is a branch of economic evaluation which uses economic concepts and methods to provide a framework to optimize health care access and maximize value for money. HTA bodies use health economics analysis to compare the cost, consequences, and affordability of alternative health technologies.
Quality HTA helps you on designing, building, adapting, and busting economics models with one or multiple comparators as followed:
- Pharmacoeconomics modeling
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- Cost-Effectiveness Analysis (CEA)
- Cost-Utility Analysis (CUA)
- Cost-Benefit Analysis (CBA)
- Cost-Minimization Analysis (CMA)
- Affordability modelling
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- Budget Impact Analysis (BIA)
- Net Impact Analysis (NIA)
- Costing
- Direct
- Opportunity cost