Decisions made in the health care system directly impact the quality and length of people’s lives. Therefore, the cost of errors in this area is very high, especially in conditions of limited budgets. Health economic modelling (https://digitalho.com/health-economic-modelling/) helps to make the best decision. Still, there are often many uncertainties in simulation models developed by specialists on which the result of innovations depends: the greater their number, the more likely combinations of outcomes. Accordingly, the greater the risk that the solution calculated by the model as optimal, in reality, will be far from the best. Collecting new data can reduce the
The post Value of Information Analysis appeared first on Pharma Mirror Magazine.
