Morning workshop: 9:00-12:30
Introduction to decision analytic modelling
Prof Manuela A. Joore, PhD, Professor of Health Technology Assessment & Decision Making, KEMPTA, Maastricht University Medical Center+, Maastricht, the Netherlands
Bram L.T Ramaekers, PhD, HTA Researcher, KEMTA, Maastricht University Medical Center+, Maastricht, the Netherlands
National authorities are increasingly demanding cost-effectiveness evidence before reimbursing new health technologies. Decision-analytic modelling is predominantly used for this purpose by synthesizing and extrapolating available evidence. Different types of model techniques exist (e.g. cycle-based versus event-based and cohort versus individual patient level). This pre-conference workshop will focus on cohort state-transition (i.e. Markov) modelling, which is still the most often used technique, and will adhere to the ISPOR Modelling Good Research Practices. The workshop will start with conceptualising and parameterising a model and will subsequently provide participants with hands on experience regarding the construction of a Markov trace, calculation of cost-effectiveness results and uncertainty analyses (including probabilistic sensitivity and value of information analyses).
This course is designed for those with basic understanding of cost-effectiveness analyses. Participants are required to bring a laptop that has MS Excel installed to the workshop.