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Health economics

The health economics domain requires specialist expertise and knowledge of health economic and actuarial methods. Our experts are able to calculate the system-wide cost and provide financial forecasting support.

Key Features

We identify the baseline for the current and historical cost across all care services (primary, acute, community, mental health and social care) within your region (system, place or neighbourhood). Using the current and historical cost and accounting for population growth (broken down by age and sex) and other factors, this is then projected into the future (next 3-5 years). We also derive insights on the cost-effectiveness of interventions and the efficiency of healthcare services.

What it delivers

  • Total cost of care for current and historical years
  • Projected total cost of care over next 3-5 years
  • Interactive dashboard with ability to select patient segments and forecasting parameters
  • Impact of interventions on cost
  • Enables you to see the current baseline for system-wide cost
  • Provides future estimates of cost so you can see what impact interventions need to have to stay within agreed budgets

Key product benefits

Enables you to see the current baseline for system-wide cost

Provides future estimates of cost so you can see what impact interventions need to have to stay within agreed budgets