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Health Economics Symposium: Budget Impact Analysis of New Health Care Technologies
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12/6/2017
When: Wednesday, December 6, 2017
1:00pm-5:00pm
Where: Agora Conference Center
1551 Eastlake Ave. E.
Seattle, Washington  98102
United States
Contact: Ingrid Ruf
206-456-9563


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PROGRAM

Introduction to Budget Impact Analysis  1:00 PM – 2PM

 

Entrepreneurs are increasingly required to demonstrate the budget and health impact of a new technology to various decision makers including payers.

 

In this seminar. the ‘why’ and ‘what’ of Budget Impact Analysis will be introduced. Six basic step of how to estimate the budget impact of a new health care technology will be discussed:  1) estimating the target population; 2) selecting a time horizon; 3) identifying current and projected treatment mix; 4) estimating current and future drug costs; 5) estimating change in disease-related costs; and 6) estimating and presenting changes in annual budget impact and health outcomes.

 

Hands-On Modeling Workshop  2:30 PM – 5:00 PM

 

Participants will engage with concrete applications of the six-step approach for developing budget impact analyses and participate in hands-on learning with budget impact models programmed in Excel.

 

Participants who wish to gain hands-on experience must bring their personal laptops with Microsoft Excel for Windows installed. The budget impact model used for the workshop will be provided to participants after the workshop. 

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