Applied Cost-Effectiveness Modeling with R
Author(s)
Faculty: Jeroen P Jansen, PhD, Center for Translational and Policy Research on Personalized Medicine (TRANSPERS), University of California – San Francisco, San Francisco, CA, USA Devin Incerti, PhD, EntityRisk, Inc., San Francisco, CA, USA
In this short course, participants will learn how to use R to develop a number of different types of economic models to perform cost-effectiveness analysis. Economic models will include time-homogeneous and time-inhomogeneous Markov cohort models, partitioned survival models, and semi-Markov individual patient simulations. The underlying assumptions of each model type will be summarized and the implementation in R will be presented in an accessible manner. Participants will be asked to modify the models in R (eg, adding health states, use of alternative time-to-event distributions) and run analyses (eg, cost-effectiveness analysis, probabilistic sensitivity analysis, evaluating structural uncertainty, and value of information analysis). To make this interactive aspect of the course as efficient as possible, all participants will have access to the GitHub repository prior to the course. It will contain R code to run the economic models and R Markdown files to explain and reproduce the analyses covered in the course.
Conference/Value in Health Info
Code
009