Session (CTI)

Separate registration required.

This hands-on, interactive course equips participants with the conceptual and practical tools needed to develop, adapt, and communicate budget impact analyses (BIA) for real-world decision making.
 
The course begins with a brief review of BIA concepts and a 6-step approach to strategically design these analyses. We will discuss practical applications, including customization to accommodate payer-specific data; balance of structural simplicity, accuracy, and face validity; interpretation of results; and development and communication of compelling value messages. Technical topics will include static versus dynamic budget impact models, good Excel model-building practices, considerations for device and diagnostic technologies, and incorporation of realistic features such as patient copayments and availability of generics.
 
Instructors will walk through 2 budget impact models programmed in Excel (1 static and 1 dynamic) and will work with participants during hands-on exercises to customize and adapt these models to specific real-world circumstances. These Excel-based models will be provided to participants in advance, both for use during the session and for later reference. Throughout the course, participants will have opportunities to network and to work in small groups to discuss key concepts, plan and implement model adaptations, and develop and communicate value narratives.
 
This course is designed for participants seeking to deepen their understanding of BIA, gain practical exposure to Excel-based models, and strengthen their ability to communicate BIA in ways that influence decision making. Registrants who wish to participate in the interactive portions of the course will need to bring materials for handwrtten activities.
 
PREREQUISITE: Participants are expected to have familiarity with basic BIA concepts and working knowledge of Microsoft Excel. A microcourse on the basics of BIA is available in the ISPOR Education Center.