OVERVIEW
A Budget Impact Model (BIM) quantifies the financial consequence of adopting a new therapy for a defined payer or healthcare system. It is the primary tool used in formulary submissions, managed entry negotiations, and reimbursement decisions across all major markets.
WHEN TO USE THIS MODEL
Is this the right model for you?
- Preparing for national or regional formulary submissions
- Negotiating managed entry agreements or risk-sharing arrangements
- Supporting early access programmes
- Demonstrating affordability to hospital or integrated care system budget holders
- Adapting a global model for local market submissions
WHAT WE DELIVER
What's included
Epidemiological base
eligible patient population sized to the specific payer context
Current treatment mix
market share of existing therapies pre-adoption
Uptake scenarios
modelled adoption curves across a 3–5 year horizon
Cost inputs
drug acquisition, administration, monitoring, and adverse event management
Net budget impact
incremental cost or saving per year and cumulatively
Sensitivity analysis
one-way and probabilistic analyses across key drivers
Full technical report and model documentation
PRICING
Fee tiers
TIER
FEE
TIMELINE
Rapid BIM
Single market, templated framework, internal use or early payer conversations
£10,000–18,000
4–6 weeks
Submission-Ready BIM
Single market, full documentation, payer or formulary submission
£20,000–35,000
8–12 weeks
Global BIM
Core global model with up to 3 market adaptations
£40,000–65,000
12–16 weeks
All fees are fixed price. Scope, deliverables, and timeline are agreed before work begins. Additional market adaptations available — contact us for a tailored quote.