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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
The text was updated successfully, but these errors were encountered:
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:
Calculation might work using the following steps:
The text was updated successfully, but these errors were encountered: