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Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"

This commentary considers the positive and negative consequences of early economic modelling and explores potential future directions. Early economic modelling offers device manufacturers an opportunity to assess the potential value of an innovation at an early stage of development. Early modelling...

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Detalles Bibliográficos
Autores principales: Teljeur, Conor, Ryan, Máirín
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Kerman University of Medical Sciences 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7557429/
https://www.ncbi.nlm.nih.gov/pubmed/32610765
http://dx.doi.org/10.15171/ijhpm.2019.136
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author Teljeur, Conor
Ryan, Máirín
author_facet Teljeur, Conor
Ryan, Máirín
author_sort Teljeur, Conor
collection PubMed
description This commentary considers the positive and negative consequences of early economic modelling and explores potential future directions. Early economic modelling offers device manufacturers an opportunity to assess the potential value of an innovation at an early stage of development. Early modelling can direct resources into potentially viable technologies and reduce investment in technologies with limited prospect of value. However, it is unclear whether early modelling is sufficiently specific to identify innovations with low value. It may be that early modelling is more useful for directing data gathering to reduce decision uncertainty. Early modelling is of primary benefit to the manufacturer and may have both positive and negative consequences for reimbursement processes that should be considered.
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spelling pubmed-75574292020-10-20 Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling" Teljeur, Conor Ryan, Máirín Int J Health Policy Manag Commentary This commentary considers the positive and negative consequences of early economic modelling and explores potential future directions. Early economic modelling offers device manufacturers an opportunity to assess the potential value of an innovation at an early stage of development. Early modelling can direct resources into potentially viable technologies and reduce investment in technologies with limited prospect of value. However, it is unclear whether early modelling is sufficiently specific to identify innovations with low value. It may be that early modelling is more useful for directing data gathering to reduce decision uncertainty. Early modelling is of primary benefit to the manufacturer and may have both positive and negative consequences for reimbursement processes that should be considered. Kerman University of Medical Sciences 2019-12-22 /pmc/articles/PMC7557429/ /pubmed/32610765 http://dx.doi.org/10.15171/ijhpm.2019.136 Text en © 2020 The Author(s); Published by Kerman University of Medical Sciences This is an open-access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Commentary
Teljeur, Conor
Ryan, Máirín
Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
title Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
title_full Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
title_fullStr Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
title_full_unstemmed Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
title_short Early Health Economic Modelling – Optimizing Development for Medical Device Developers?: Comment on "Problems and Promises of Health Technologies: The Role of Early Health Economic Modeling"
title_sort early health economic modelling – optimizing development for medical device developers?: comment on "problems and promises of health technologies: the role of early health economic modeling"
topic Commentary
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7557429/
https://www.ncbi.nlm.nih.gov/pubmed/32610765
http://dx.doi.org/10.15171/ijhpm.2019.136
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