Nmblr Convince Step 4: Economic Value

Purpose of this step

To demonstrate that the product delivers better outcomes in a way that is affordable, efficient and sustainable for payers and systems. Quantify how the asset generates savings, shifts resource use or improves value for money versus alternatives.

Define the economic value your asset delivers as a consequence of the clinical and humanistic/institutional value:

• Core value message: The value delivered reduces avoidable costs and/or improves cost-effectiveness for [payer/provider].
• Supporting messages: May include model results (ICER, budget impact); utilisation shifts (ER visits, admissions, LOS); procedure/test offsets; productivity; scenario and sensitivity analyses.