Ensure Confidence in Your Outsourced Model
Did you outsource the development of your cost-effectiveness model or budget impact model to a consulting company? The model may look polished and seem to function correctly, but if you weren’t involved in its development, parameter setup, or data collection, you might feel uncertain about its readiness. Before you submit it, with your name and for your company, a quick independent audit can provide the reassurance you need.
Why Conduct an Independent Audit?
An independent audit helps ensure that the model aligns with the requirements of HTA agencies, is technically accurate, and uses reliable data. It gives you peace of mind knowing that your submission is correct and represents high-quality work. At EuropeanHealthEconomics.com, our experienced freelance modellers can provide you with a second opinion on the model, helping you identify potential gaps or issues before submission.
The Audit Process
Our freelance health economist modeller performs a thorough review of your model to verify its accuracy, functionality, and alignment with the required standards. Key steps in the audit process include:
- Model Structure Examination: Evaluating whether the model accurately reflects treatment pathways, clinical practices, and disease progression.
- Comparator Review: Discussing whether the choice of comparator(s) aligns with current clinical practices and is accepted by the HTA agency.
- Input Data Review: Checking the reliability and relevance of cost parameters, epidemiological data, and health outcomes.
- Assumptions Validation: Assessing the appropriateness and transparency of assumptions used in the model.
- Technical Functionality Testing: Reviewing Excel formulas, VBA macros, and model mechanics for errors and clarity.
- Submission Readiness Check: Ensuring the model adheres to the requirements of health technology assessment (HTA) agencies and other regulatory bodies.
Benefits of an Independent Audit
Engaging a freelance health economist for an independent audit offers several advantages:
- Peace of Mind: Know that your model has been thoroughly checked by an expert.
- Error Detection: Identify and address potential issues before submission.
- Advice on Potential Improvements: Get recommendations to enhance your model and alignment with submission requirements.
- Compliance Assurance: Align with the expectations of HTA agencies and other authorities.
Freelancers sign a Non-Disclosure Agreement (NDA) with your organisation before starting any assignment, ensuring confidentiality throughout the project and beyond.
Find Freelancers for HEOR Model Audits
At EuropeanHealthEconomics.com, we connect you with experienced freelance modellers who can independently audit your health economics model. Let us help you ensure that your model is submission-ready and represents the highest quality of work.
