Economic Modelling
THEMA’s expertise in Economic Modelling theory and practice is unrivalled.
Economic modelling is conducted to identify and quantify the value proposition and illuminate the strengths and weaknesses of the value argument.
Our needs assessments determine the optimum modelling approach for each unique project. Economic models are built to present the appropriate solution: whether they be simple models to illustrate a straightforward value argument, or highly detailed models that represent complex therapeutic outcomes.
Our economic modelling toolset comprises:
- Decision trees
Markov modelling
Monte Carlo simulation/patient level modelling
Discrete event simulation, and
Probabilistic / Bayesian sensitivity analysis
