May 13, 2025
Explore the Generalized Risk-Adjusted Cost-Effectiveness (GRACE) model
The Generalized Risk-Adjusted Cost-Effectiveness (GRACE) model is a novel approach to health technology evaluation that addresses key concerns in standard cost-effectiveness analysis (CEA). This course provides a comprehensive overview of GRACE, from its mathematical foundations to its practical applications in health economics.
Technical Topics Include:
- Current applications of standard CEA: Strengths, limitations, and ethical concerns
- Introduction to the GRACE methodology: Key concepts and theoretical framework
- Mathematical foundations: Understanding the structure and function of GRACE
- Integrating GRACE into standard CEA: Practical considerations and implementation steps
- Ethical implications of GRACE: Addressing fairness, risk adjustment, and decision-making in healthcare
This Course Includes Tools and Concepts That Can Be Immediately Applied, Including:
- A structured comparison of standard CEA and GRACE to highlight key differences
- Guidance on incorporating GRACE into existing cost-effectiveness frameworks
- Exploration of ethical considerations in risk-adjusted economic evaluation
- Case-based discussions on real-world applications of GRACE in health technology assessment
This course is ideal for professionals in health economics, policy, and technology assessment who want to understand and apply the GRACE model to enhance cost-effectiveness evaluations.
This intermediate level course requires participants to have a working knowledge of basic calculus.
LEVEL: Intermediate
TRACK: Economic Evaluation
This short course is offered in-person at the ISPOR 2025 conference. Separate registration is required. Visit the ISPOR 2025 Program page to register and learn more.
FACULTY MEMBERS
Schedule:
LENGTH: 4 Hours | Course runs 1 day
Sunday, 13 May 2025 | Course runs 1 Day
1:00pm-5:00pm Eastern Daylight Time (EDT)
ISPOR short courses are designed to enhance knowledge and techniques in core health economics and outcomes research (HEOR) topics as well as emerging trends in the field. Short courses offer 4 or 8 hours of premium scientific education and an electronic course book. Active attendee participation combined with our expert faculty creates an immersive and impactful learning experience. Short courses are not recorded and are only available during the live course presentation.