Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Value-Based Price #299

Open
jrdnmdhl opened this issue May 28, 2017 · 0 comments
Open

Value-Based Price #299

jrdnmdhl opened this issue May 28, 2017 · 0 comments

Comments

@jrdnmdhl
Copy link
Contributor

It would be very useful to have a built-in analysis for calculating a value-based price for an intervention.

This could be done by specifying:

  • The input parameter representing the price of the intervention itself (e.g. price per mg of the drug)
  • The state value representing the total cost of the intervention itself (e.g. total medication cost of the drug)
  • The threshold value

Calculation might work using the following steps:

  • Calculate the base case NMB at the given threshold
  • Get the delta cost for the state value in question for each comparator (typically, the state value used in a VBP would only be defined for one therapy, but there are special cases...)
  • If NMB + delta cost is less than 0, then VBP is undefined (not cost-effective at zero price)
  • Otherwise, VBP is the parameter value such that NMB = 0
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

1 participant