Cost Effectiveness Modelling for Health Technology Assessment

About

This five-day course will provide an introduction to decision analytic cost-effectiveness modelling, giving the theoretical and practical knowledge required to design and implement analyses that meet the methodological standards of Health Technology Assessment (HTA) organisations. The programme guides you through building a decision tree and Markov model and, importantly, shows how the results of cost-effectiveness analyses are interpreted.

Learning Objectives:

• Understand the concepts and rationale of HTA and types of economic evaluation
• Understand when you would use a decision tree model and how they work
• Understand when you would use a Markov model, how they work and how to use them to inform decision making
• Appreciate the importance of uncertainty in economic evaluations and how this can be assessed
• Be able to generate a probabilistic Markov model in Excel and produce and interpret outputs
• Understand the concept of value of information and calculate this from probabilistic model results
• Learn about key developments and debates in HTA including precision medicine, real-world evidence and the willingness to pay threshold
   

Only interested in the essentials?

You have the option of attending Days 1-2 only for a clear, practical introduction to cost-effectiveness analysis in HTA. Ideal for those seeking a high-level understanding of HTA decision-making, evidence requirements, and the role of economic models, without the full technical depth. Includes hands-on exercises with simple decision tree models, giving you a solid foundation in how cost-effectiveness informs real-world health policy.
 

Please note that the full five-day course will only run if the minimum number of bookings is reached. Confirmation will be provided at least one month in advance.

Draft programme - 

Cost Effectiveness Modelling for Health Technology Assessment 2026 - Provisional programme

Who should attend?

This course is aimed at students, researchers, health care professionals and commissioners and those working in industry or a policy context who have an interest in economic evaluation in health. No previous experience or knowledge in this area is assumed but the course does require quantitative skills and some experience using MS Excel.
 

Cost:

Cancellation deadline is 20 March 2026. Cancellations made after this date may incur a £50 administration fee. No refund will be issued after this date, however your place may be reallocated.

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