June 28, 2023 - June 29, 2023
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Valuing Health: The Generalized Risk Adjusted Cost Effectiveness (GRACE) Model
LEVEL: Intermediate
TRACK: Economic Evaluation
LENGTH: 4 Hours | Course runs 2 consecutive days, 2 hours each day
Wednesday, 28 June 2023 | Course runs 2 consecutive days, 2 hours per day
10:00AM–12:00PM Eastern Daylight Time (EDT)
14:00PM–16:00PM Coordinated Universal Time (UTC)
7:00AM–9:00AM Pacific Daylight Time (PDT)
Thursday, 29 June 2023 | Course runs 2 consecutive days, 2 hours per day
10:00AM–12:00PM Eastern Daylight Time (EDT)
14:00PM–16:00PM Coordinated Universal Time (UTC)
7:00AM–9:00AM Pacific Daylight Time (PDT)
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DESCRIPTION
This course will present to participants a complete picture of the Generalized Risk Adjusted Cost Effectiveness (GRACE) model for health technology evaluation. The course will begin by discussing current uses of standard cost-effectiveness analysis (CEA) and concerns raised by that model. The GRACE methodology will be discussed along with its mathematical foundations. This workshop will also discuss what is necessary to incorporate the GRACE methodology into standard CEA as well as some important ethical implications of GRACE. This intermediate level course requires participants to have a working knowledge of basic calculus.
Faculty
Basic Schedule:
Class Time: 2 hours daily