Valuing Health: The Generalized Risk Adjusted Cost-Effectiveness (GRACE) Model
Author(s)
Faculty: Charles E Phelps, PhD, Office of the Provost, University of Rochester, Pittsford, NY, USA Darius Lakdawalla, PhD, School of Pharmacy, USC Leonard D. Schaeffer Center for Health Policy and Economics, Los Angeles, CA, USA
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.
Conference/Value in Health Info
2024-05, ISPOR 2024, Atlanta, GA, USA
Code
012
Topic
Economic Evaluation