Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”

In this commentary, we discuss early stage assessments of innovative medical technologies both in terms of methods applied as well as their use in healthcare decision-making. We argue that cost-effectiveness alone may be too reductive if taken as the only decision rule, and it would benefit from bei...

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Main Authors: Carlo Federici, Aleksandra Torbica
Format: Article
Language:English
Published: Kerman University of Medical Sciences 2021-02-01
Series:International Journal of Health Policy and Management
Subjects:
Online Access:https://www.ijhpm.com/article_3754_332836c949ea3c863a4a475596838bd5.pdf
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author Carlo Federici
Aleksandra Torbica
author_facet Carlo Federici
Aleksandra Torbica
author_sort Carlo Federici
collection DOAJ
description In this commentary, we discuss early stage assessments of innovative medical technologies both in terms of methods applied as well as their use in healthcare decision-making. We argue that cost-effectiveness alone may be too reductive if taken as the only decision rule, and it would benefit from being used within a broader evaluation framework. We discuss innovative methods which may contribute to better estimate the potential costs and consequences of a technology in the absence of solid clinical data, as frequently the case in early assessments. Finally, we comment on the potential synergies which may take place should early economic models be used not only by technology developers alone but as a negotiating base during early dialogues with health technology assessment (HTA) bodies.
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spelling doaj.art-77d804ba59884029a7f1946409f47d852023-03-07T09:06:04ZengKerman University of Medical SciencesInternational Journal of Health Policy and Management2322-59392021-02-0110210210510.15171/ijhpm.2020.183754Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”Carlo Federici0Aleksandra Torbica1Centre for Research on Health and Social Care Management (CERGAS), SDA Bocconi School of Management, Bocconi University, Milan, ItalyCentre for Research on Health and Social Care Management (CERGAS), SDA Bocconi School of Management, Bocconi University, Milan, ItalyIn this commentary, we discuss early stage assessments of innovative medical technologies both in terms of methods applied as well as their use in healthcare decision-making. We argue that cost-effectiveness alone may be too reductive if taken as the only decision rule, and it would benefit from being used within a broader evaluation framework. We discuss innovative methods which may contribute to better estimate the potential costs and consequences of a technology in the absence of solid clinical data, as frequently the case in early assessments. Finally, we comment on the potential synergies which may take place should early economic models be used not only by technology developers alone but as a negotiating base during early dialogues with health technology assessment (HTA) bodies.https://www.ijhpm.com/article_3754_332836c949ea3c863a4a475596838bd5.pdfearly economic modellinghealth technology assessmentcost-effectivenessearly dialogue
spellingShingle Carlo Federici
Aleksandra Torbica
Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”
International Journal of Health Policy and Management
early economic modelling
health technology assessment
cost-effectiveness
early dialogue
title Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”
title_full Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”
title_fullStr Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”
title_full_unstemmed Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”
title_short Expanding the Role of Early Health Economic Modelling in Evaluation of Health Technologies; Comment on “Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling”
title_sort expanding the role of early health economic modelling in evaluation of health technologies comment on problems and promises of health technologies the role of early health economic modeling
topic early economic modelling
health technology assessment
cost-effectiveness
early dialogue
url https://www.ijhpm.com/article_3754_332836c949ea3c863a4a475596838bd5.pdf
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