December 4, 2024 - December 5, 2024
Budget Impact Analysis II: Applications and Design Issues- Virtual
LEVEL: Intermediate
TRACK: Economic Evaluation
LENGTH: 4 Hours | Course runs 2 consecutive days, 2 hours each day
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DESCRIPTION
This course covers the concrete application of the 6-step approach for developing budget impact analyses and provides hands-on learning with two different budget impact models programmed in Excel. The course will review the basics of budget impact analysis, interpretation of results, simplicity versus accuracy and face validity, and how budget impact analyses are used by payers and other decision makers. Technical topics will include static versus dynamic budget impact models, considerations for device and diagnostic technologies, and realistic features such as patient copayments and use of generics. The instructors will walk through 2 different budget impact analyses programmed in Excel (one static and one dynamic) and work with participants during hands-on exercises to enhance these models. The instructors will also review good practices for building budget impact models and provide a number of Excel tips. The Excel-based budget impact models used for the course will be provided to participants in advance of the presentation. This course is designed for those who have basic knowledge of budget impact analyses and desire exposure to these analyses in Excel. Participants who wish to gain hands-on experience must have Microsoft Excel for Windows installed on their computers
PREREQUISITE: Participation in the ISPOR short course, “Budget Impact Analysis I: A 6-Step Approach,” or equivalent knowledge, is recommended. Working knowledge of Microsoft Excel is required. .
Faculty
Basic Schedule:
4 Hours | Course runs 2 consecutive days, 2 hours each 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.