September 7, 2022
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Budget Impact Analysis I: A 6-Step Approach (Virtual)
LEVEL: Introductory
TRACK: Economic Evaluation
LENGTH: 4 Hours | Course runs 1 day
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09:00AM-13:00PM Eastern Daylight Time (EDT)
13:00PM-17:00PM Coordinated Universal Time (UTC)
15:00PM-19:00PM Central European Summer Time (CEST)
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DESCRIPTION
This course will describe the methods used to estimate the budget impact of a new health care technology and will present six basic steps for estimating budget impact: (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. Both static and dynamic methods for estimating the budget and health impact of adding a new drug to a health plan formulary will be presented. These six steps will be illustrated using actual budget impact models. This course is designed for those with some experience with pharmacoeconomic analysis.
Josephine A. Mauskopf, PhD, MHA, MA
Vice President, Health Economics
RTI Health Solutions
Research Triangle Park, NC, USA
C. Daniel Mullins, PhD
Professor & Chair
Pharmaceutical Health Services Research
University of Maryland School of Pharmacy
Baltimore, MD, USA
Stephanie Earnshaw, PhD, MS
Senior Vice President, Health Economics
RTI Health Solutions
Research Triangle Park, NC, USA
Thor-Henrik Brodtkorb, PhD
Senior Director, Health Economics
RTI Health Solutions
Ljungskile, Sweden
Basic Schedule:
Class Time: 2 hours of content | 30 minute break | 2 hours of content