In an increasing number of countries, manufacturers of new drugs are required to provide an analysis of the cost-effectiveness of their product compared to the “standard of care” - i.e. what treatment is currently used.
The example below is a simplification of a cost-effectiveness analysis where a new treatment to prevent heart failure after cardiac surgery (Drug A) is compared to 2 exisiting alternatives (Drugs B & C). Each drug has a certain cost and results in a certain health outcome (“the effect”).
The results of the analyis are plotted on a ‘cost-effectiveness plane’. The symbols in the graph represent the costs and effects of each drug and can be visually compared. You can adjust the inputs to explore their impact. Lower cost drugs will be lower in the plane, and more effective drugs will be further to the left.
By taking advantage of BaseCase’s cloud-based platform, this app is accessible from multiple devices (including iPad) and can work both on & offline. There is no installation required and updates are deployed immediately.
Learn how we can build apps like this in just days by requesting an online demo.