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Tradeoffs When Building and Running Cohort and Patient-Level Markov Simulation Models    In this recent study, written as part of the Horizon Europe-funded Immutol project, experts compared cohort (CH) and patient-level (PL) Markov modeling techniques within a cost-effectiveness analysis framework, which aligns with IMMUTOL’s objective to decrease healthcare costs and enhance patients’ quality of life.    While CH models process average patient cohorts, PL models simulate individual patient pathways, offering greater flexibility but requiring more technical expertise and computational resources. The choice between these modeling approaches is not straightforward, and while numerous conceptual and practical differences have been discussed, understanding the practical trade-offs between them is essential.    The paper was co-authored by Syreon Research Institute colleagues Balázs Nagy, Zoltán Kaló, Rok Hren, and Bertalan Németh who played a key role in designing and evaluating the Markov simulation models.    The study highlights key trade-offs between cohort (CH) and patient-level (PL) approaches, demonstrating how CH models offer stability and transparency, while PL models excel in capturing complex patient pathways and subgroup analyses. These insights – demonstrating the importance of weighing flexibility, detail, and resource optimization when selecting a modeling approach - help refine health economic modeling, supporting Immutol’s broader scientific, economic, and social goals.    Read the full article to explore these practical insights in greater depth:  https://lnkd.in/dJ7Fr_3q      #MarkovModeling #CostEffectiveness #SimulationModels #HealthEconomics #SyreonResearchInstitute #Immutol

Tradeoffs When Building and Running Cohort and Patient-Level Markov Simulation Models

Tradeoffs When Building and Running Cohort and Patient-Level Markov Simulation Models

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