May 5: Valuing Health: The Generalized Risk Adjusted Cost-Effectiveness (GRACE) Model- In Person at ISPOR 2024

May 5, 2024

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Valuing Health: The Generalized Risk Adjusted Cost-Effectiveness (GRACE) Model (in person at ISPOR 2024)

Economic Evaluation
4 Hours | Course runs 1 day

This short course is offered in-person at the ISPOR 2024 conference. Separate registration is required.  Visit the ISPOR 2024 Program page to register and learn more.

Sunday, 5 May 2024 | Course runs 1 Day
1:00pm-5:00pm Eastern Standard Time (EST)


Separate registration required.

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.


Charles E. Phelps, PhD, MBA
University Professor and Provost Emeritus
University of Rochester
Rochester, NY, USA

Darius N. Lakdawalla, PhD
Quintiles Professor in Pharmaceutical Development and
Regulatory Innovation
University of Southern California
Los Angeles, CA, USA

Basic Schedule:

4 Hours | Course runs 1 Day

ISPOR short courses are designed to enhance knowledge and techniques in core health economics and outcomes research (HEOR) topics as well as emerging trends in the field. Short courses offer 4 or 8 hours of premium scientific education and an electronic course book. Active attendee participation combined with our expert faculty creates an immersive and impactful learning experience. Short courses are not recorded and are only available during the live course presentation.

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