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As specialists in the
application of economics to health care, the highly skilled and experienced
team at Fourth Hurdle Consulting can support the needs of all involved
in the health technology business, from top level strategy to development
and application of economic analysis and communication of health outcomes
information. To ensure the success of each project, we deliver more than
technical excellence – we commit to working closely with our clients
until their needs and expectations are fully met.
Our proven track record of success in submissions
to the National Institute for Health and Clinical Excellence (NICE) has
been especially important to our UK based clients. In addition to the
necessary skills and experience needed to support the preparation of these
submissions, our staff have the experience and expertise to follow through
until all aspects of the project are completed, communicated and implemented.
A more comprehensive overview of Fourth Hurdle Consulting's
capabilities and services is available in our series of short documents
titled:
• Development
of Health Economics Strategy
• Economic Evaluation
• Prospective
and Retrospective Research
• Economic Models
for use in Health Care Decision-Making
• Training in
Health Economics and Outcomes Research
• The Fourth Hurdle
Team Members
• Fourth Hurdle
Consulting's Clients
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Capability
Strategic support to help clients develop health
economics and outcomes strategies for product development:
• pricing
support
• funding
• uptake
• optimising
market share
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Value to our clients
At early stages of development:
Enables companies to focus investments on addressing
key economic/outcomes issues and to address the future
needs of key decision makers.
In later stages of development:
Ensures that the right data are collected at the right
time, for all levels of decision-making, and maximises
the chance of successful funding/reimbursement and market
access.
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Economic evaluation
including:
• “Piggy-back”
studies
• Retrospective
evaluations
• Economic
modeling
• Management
and conduct of data collection
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Helps meet strategic objectives and generates messages
using a balance of:
• Clinical
trial data collection
• Existing
trial or observational data
• Health
economics/outcomes studies
Ensures that messages are appropriate for the target
audience and are generated in a timely manner.
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Prepare dossiers for submission to NICE, SMC
and similar bodies
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Supports positive recommendations, leading to optimum
funding, uptake and market share achieved.
An opportunity to demonstrate product value and to
justify price to health care decision-makers.
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Compile Health Outcomes Assessment Dossiers
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Communicates key economic and outcomes information
effectively to local and affiliate organisations, to
support local reimbursement, uptake, funding and market
access.
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Encourages both internal and external stakeholders
to understand and appreciate the value of information
generated. Demonstrates how this information is of value
in decision making.
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