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DICE Modelling Platform

Toolvalidated

The DICE Modelling Platform is an online tool that helps users create and run health economic models using a structured simulation framework. It provides templates, software tools, examples, and training to support model development.

At a glance

Use when

Developing cost-effectiveness models for healthcare interventions, especially when starting from scratch or needing structured guidance and templates

Avoid when

Highly complex or computationally intensive models are required, or when integration with specialized statistical software or real-time data is necessary

Inputs

Disease characteristics, intervention details, cost data, effectiveness data, epidemiological parameters

Outputs

Cost-effectiveness results, simulation outcomes, incremental cost-effectiveness ratios (ICERs), health outcomes, resource use estimates

How it works

The DICE Modelling Platform provides a suite of resources based on the DICE (Disease, Intervention, Cost, Effectiveness) simulation framework. It includes an Excel-based simulation engine, downloadable model templates, example case studies, technical documentation, and training materials to facilitate the development and execution of health economic models.

Project
IMPACT HTA
Funding
Horizon 2020
Project status
Completed 2021
HTA domains
Costs & Economic Evaluation
Technology
Non-specific
Assumptions
Users have basic knowledge of health economic modeling; models are built within the DICE framework structure; Excel is used as the primary computational environment
Strengths
Freely accessible, user-friendly Excel-based engine, comprehensive supporting materials, promotes standardized modeling practices, includes practical examples and training
Limitations
Limited to Excel-based modeling which may restrict complexity and scalability, may not support advanced probabilistic simulations efficiently, dependent on user expertise in Excel and modeling principles
Also known as
DICE Platform

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Beta record. Based on the original catalogue summary; primary-source enrichment pending.