Budget Impact Analysis for Medical Technologies
Budget Impact Analyses are an important tool in discussions with investors and budget holders and often required for strengthening funding and regulatory submissions. Date: 9th December 2020, 14:00-16:00
Course level: 2
Budget Impact Analyses are an important tool in discussions with investors and budget holders and often required for strengthening funding and regulatory submissions.
This course is for technologists, innovators and healthcare professionals with an interest in Health Economics who want to get a better understanding of how to quantify the benefits of an innovative technology.
The interactive webinar provides a roadmap on how to plan and conduct a budget impact analysis; from setting the analytical framework to building the model and implementing the sensitivity analysis, as well as which external factors to be mindful of. We will show step-by-step examples of some typical budget impact analyses which Health Enterprise East has performed in the past.
At the end of this course, you will have a thorough understanding of how a budget impact analysis model should be constructed and how this enables you to build and present a compelling business case for your technology.
Topics covered will include:
- Health Economics – Basic Principles
- Setting the Analytical Framework
- Building a Budget Impact Analysis
- Time horizon & External factors
- Sensitivity Analysis
- Worked Examples & Case Study
- Things to remember/ Key takeaway points
- Useful resources & references
Who would benefit from attending?
Anyone who is involved in developing new healthcare technologies and products, be it as an entrepreneur, clinician, academic, funder, including professionals with an interest in/working in:
- Sales and marketing
- Business development
- Product development
- Research & development
Industry: £75+VAT; NHS & Academia: £50+VAT
Places are limited and allocated on a first-come, first-served basis.BOOK NOW
Meet the Speaker
Evelyne Priestman, Consultant Health Economist, Health Enterprise East
Evelyne is a Health Economist and Strategy Consultant with over 15-years’ experience in the Healthcare Consulting Industry. She has been working with clients in Medical Devices, Medical IT, Digital Health, Pharmaceuticals and Financial Services industries providing strategic business advice to maximise returns from innovative healthcare technologies.