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”

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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.

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Drummond, M. F. (2020). 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.” International Journal of Health Policy and Management, 9(6), 260–262. https://doi.org/10.15171/ijhpm.2019.118

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