Discern value proposition vs. competitor products

Simulate real-world outcomes of patients using your product to inform strategic decision making in every stage of development. Health economic models provide not only a direct comparison of costs, but also value propositions—those "real-life" outcomes of competing therapies that assess value beyond a set of costs.

• Cost-of-illness models
  Estimate total costs of care for a given disease
• Decision-analytic models
  Generate real-world projections of outcomes, costs, and short- and long-term benefits of your product
• Cost-effectiveness and cost-utility models
  Demonstrate total value of a therapy (beyond safety and efficacy) and compare with approved competitor products
• Markov models
  Study recurrence and change of a disease over a specific period of time (e.g. progression, remission, relapse, treatment outcomes)
• Budget impact models
  Justify pricing decisions and quantify budgetary impact for third-party payers, regional or national health authorities, hospitals, and physicians