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Decision Analytic Modeling

The Institute of Health Economics' Decision Analytic Modeling Unit is a new and growing team of interdisciplinary researchers including health economists, biostatisticians, epidemiologists, and clinicians dedicated to using decision analytic approaches to inform decisions relating to the allocation of health resources.

The Unit's primary aim is to promote the use, understanding, and integration of economic modeling techniques for healthcare professionals and organizations interested in the latest tools for informing health policy making.

Core research and policy services
Economic evaluation

  • Cost effectiveness analysis
  • Cost utility analysis
  • Cost benefit analysis
  • Cost consequence analysis
  • Net monetary benefits analysis
  • Value of information analysis

Budgeting and planning

  • Budget impact analysis
  • Cost and budget forecasting

Epidemiologic surveillance

  • Survival modeling
  • Risk analysis
  • Disease modeling and transmission simulation

Clinical research trials

  • Designing economic evaluations with clinical trials
  • Economic extrapolation beyond time horizon

Partners
The Institute conducts research projects for various health care organizations across Canada and internationally to engage these organizaitons in the decision making process. IHE's Decision Analytic Modeling Unit welcomes new partners and offers research and consulting services to organizaitons interest in making better informed policy decisions.