Building a strong economic case is one of the key pieces of evidence needed for any medical device and will form part of the Value Proposition. We can provide different types of economic modelling depending upon your requirements from simple cost analyses to more complex analyses such as cost consequence or cost utility analyses. CHEATA can assess the suitability of existing economic models and provide amendments where necessary or we can advise, design and populate new models e.g. decision tree or Markov models, from first principles.


 We have advised several clients on the potential economic impact of their device in a particular patient pathway. Our input can range from an "easy-to-digest" Health Economic Impact Assessment suitable for presenting to CCGS or including in the Value Proposition for investors, through to more complex modelling suitable for NICE submissions.

Read more about how we helped theEast Midlands AHSN-funded project, Silhouette, evidence the cost savings for their novel 3D camera in assessing diabetic foot ulcers in a community setting.