Program Content Outline
  1. What is BIA and why is it important?
    • What is a BIA and why perform?
    • Cost-effectiveness analysis (CEA) vs. BIA
      • Complementary purposes
      • Common data elements
  2. Overview of BIA
    • ISPOR BIA Task Force report
    • Review each step of 6 step process
  3. Designing a BIA
    • Overview of pre-course reading materials
    • Guided small group exercises to design the budget impact model for prasugrel from US perspective following the 6 step process
  4. Construct the BIA
    • Construct the population worksheet

      – Hands-on creation within Excel

    • Select the time horizon

      – Implications for the Excel Program

    • Construct the current/projected market share worksheet

      – Hands-on creation within Excel

    • Construct the drug/disease-related costs worksheet

      – Hands-on creation within Excel

    • Construct the calculations and results worksheets

      – Hands-on creation within Excel

  5. Budget Impact Analysis Critique
    • Critical questions to ask when evaluating a budget impact analysis
    • How to interpret results and develop value messages
    • Additional features to consider
    • Incorporate additional features
      • Sensitivity analysis
      • Drugs going generic
      • Diagnostic test
  6. Review Dynamic Approach to Budget Impact Analyses
    • Explanation and theory
    • Review a dynamic model in Excel
    • Impact on model results of the static versus dynamic choice
  7. Payer Perspective
    • How do you increase the likelihood that the budget impact model structure, assumptions, and inputs are credible to the payer?
    • What is the payer’s opinion about these models?
    • What does a payer do with this analysis?
  8. Budget Impact Analysis: Best Practices in Excel
    • Review some best practices for setting up a budget impact analysis in Excel
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