With increasing pressure to control the rising cost of healthcare, there’s a greater need to demonstrate the value of health care treatments in addition to their efficacy. Health Economics and Outcomes Research (HEOR) plays an increasingly vital role in a drug’s approval and reimbursement with payers. HEOR analyses allow us to evaluate the economics of a given treatment and quantify the associated outcomes.
With valuable experience in innovative HEOR solutions, Axtria delivers:
Innovative patient-level simulations: As treatment options become more complex, it is valuable to develop customized patient-level simulations. These simulations allow us to hone in on the value of treatments to different types of patients and analyze scenarios. These simulations can model:
Customized cost-effectiveness models: Cost-effectiveness analyses are a critical part of a drug’s approval in Health Technology Assessments (HTAs) around the world as well as its adoption in the US. We develop customized cost-effectiveness models, which help ensure the treatment is available for patients for whom the treatment is cost-effective. These models are:
Clinical trial simulations: Modeling clinical trials allows our clients to make informed decisions during trial design as well as prepare for questions that may be asked after a trial is read-out. With the high costs associated with clinical trials, clinical trial simulations provide a cost-effective means of performing analysis that complements the clinical trial itself.
Burden of disease analyses: With the rising cost of healthcare, it’s important to quantify the cost, morbidity, mortality, and other hardships associated with diseases. Axtria helps clients by quantifying the burden of a disease, demonstrating the unmet need, and providing valuable insights for cost-effectiveness models
Experience with real-world data: As a data analytics company, Axtria has extensive experience in managing and analyzing a wide variety of healthcare data. With the increasing availability of real-world data, Axtria helps clients by generating insightful real-world evidence (RWE) based on anonymized patient data.
Let Us Show You What Axtria’s HEOR Capabilities Can Do For You