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HSR&D Citation Abstract

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Budget Impact Analysis

Wagner TH. Budget Impact Analysis. HERC Cost Effectiveness Analysis Course [Cyberseminar]. HSR&D. 2018 Apr 11.

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Abstract:

A budget impact analysis (BIA) estimates the cost to a health care system, or other payer, of adopting a new or proposed intervention over 1-3 years. A BIA includes costs of the intervention and the implementation of the new intervention, as well as the downstream costs of healthcare utilization. It is often done alongside a clinical trial to estimate the costs of adoption, should the new intervention be found both clinically effective and cost-effective. This class will provide a framework for the BIA and tools to determine if a BIA is an appropriate economic study to undertake.





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