MODEAC is a revolutionary new Cloud-based modelling platform underpinned by a novel and robust methodology as an alternative to traditional, slower methods. MODEAC enables its users to quickly create powerful economic models that analyse and evaluate the cost-effectiveness of health interventions.  The user-friendly interface allow users to quickly build robust models faster. With a high degree of flexibility and the ability to create models literally in minutes, MODEAC can also save you weeks of model design and preparation.

Advantages

  • MODEAC: a user-friendly UX for experts and non-experts alike

  • No complicated programming required: just use it straight ‘out of the box’

  • Extremely fast and powerful: build and run a model in a matter of minutes. Runs calculations 10,000 times faster than similar models in Excel

  • A powerful back-engine removes the need for setting up a string of complex calculations, rather these are created as a model is built

  • Displays results in tabular and graphical form instantly (save’able and download’able)

  • Refreshes and keeps all versions of previous models (time-stamped) for multiple comparisons in your own secure online data-base.

Robust models, delivered faster

MODEAC is an intuitive Markov-based, easy-to-use modelling tool. No maths required (but designed by mathematicians!)

Intuitive and easy

MODEAC’s intuitive web-based interface allows the user to start building models quickly, providing a high degree of flexibility and simplicity.

Multiple Applications

MODEAC is a fast and flexible resource, which can deliver results in a number of important areas, for example:

As a fast and flexible tool in pricing strategy and commercial planning, for example in scenario testing and war games.

As an “accelerant” for health economics outcomes teams preparing submissions, e.g. to NICE. MODEAC allows multiple fast iterations of a calculation to be run prior to investing time in building a labour-intensive traditional Markov model.

“A good experience using MODEAC. Nice to be able to pull a model together quickly, with a fast and easy setup. This speed and versatility opens a number of doors in terms of commercial applications, fast hypothesis-testing and in cost-and resource-saving in the early stages of submission preparation”

“A valuable resource, filling an unmet need currently served by spending additional budget on specialist agencies. Not as a replacement to submission tools, rather as a valuable cost-saving device and “accelerant” in the process of building a submission.”

Further Details

For more information on this licensing opportunity, please get in contact!