Modeling in Early Stages of Technology Development: Is an Iterative Approach Needed? Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
- PMID: 32613795
- PMCID: PMC7382911
- DOI: 10.15171/ijhpm.2019.118
Modeling in Early Stages of Technology Development: Is an Iterative Approach Needed? Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
Abstract
A recent paper by Grutters et al makes the case for early health economic modeling in the development of health technologies. A number of examples of the value of early modeling are given, with analyses being performed at different stages in the development of several non-drug health technologies. This commentary acknowledges the contribution of the paper by Grutters et al and argues for an iterative and integrated approach to early modeling, assessing the cost-effectiveness of the technology, the value of future research and the interaction with the manufacturer's pricing and revenue expectations.
Keywords: Early Assessment; Health Economic Modeling; Health Technology Assessment; Innovation; Innovation Policy.
Comment on
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Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling.Int J Health Policy Manag. 2019 Oct 1;8(10):575-582. doi: 10.15171/ijhpm.2019.36. Int J Health Policy Manag. 2019. PMID: 31657184 Free PMC article.
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