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5.2.1.13. Model validation<br />

The manufacturer stated that <strong>the</strong> economic model has been assured through internal <strong>and</strong> external<br />

validation.<br />

The manufacturer stated that <strong>the</strong> internal validity was ensured by quality control <strong>of</strong> <strong>the</strong> model by <strong>the</strong><br />

model developers, as well as a model audit per<strong>for</strong>med by an external health economist.<br />

The MS also reported that an extensive external validation was undertaken in consultation with<br />

experts in DVT <strong>treatment</strong>, <strong>and</strong> comparing outputs <strong>of</strong> <strong>the</strong> model with <strong>the</strong> EINSTEIN-DVT trial <strong>and</strong><br />

o<strong>the</strong>r sources.<br />

Despite <strong>the</strong> validation <strong>and</strong> model checking conducted by <strong>the</strong> manufacturer, <strong>the</strong> ERG identified some<br />

errors/inconsistencies in <strong>the</strong> economic model. These are described below:<br />

- In <strong>the</strong> reporting <strong>of</strong> outputs, <strong>the</strong> number <strong>of</strong> bleeding events was inverted between <strong>the</strong> two arms<br />

(error in xxxxxxxxxxxxxxxxxxx). This had no impact on <strong>the</strong> results.<br />

- The risk ratio <strong>for</strong> CRNM bleeding events was used as a hazard ratio in <strong>the</strong> economic model<br />

xxxxxxxxxxxxxxxxxxxx), but this had almost no impact on <strong>the</strong> ICER after correction by <strong>the</strong><br />

ERG.<br />

- There was a discrepancy between <strong>the</strong> economic model <strong>and</strong> <strong>the</strong> report, as <strong>the</strong> manufacturer<br />

stated that xxx <strong>of</strong> patients discontinued <strong>treatment</strong> after an EC bleed, but used xxx in <strong>the</strong><br />

economic model.<br />

- There was a discrepancy between <strong>the</strong> economic model <strong>and</strong> <strong>the</strong> report, as <strong>the</strong> manufacturer<br />

stated that 8.55% <strong>of</strong> patients treated in clinic required transportation, but used 7.5% in <strong>the</strong><br />

economic model.<br />

- There was a discrepancy <strong>for</strong> <strong>the</strong> cost <strong>of</strong> CTEPH between <strong>the</strong> economic model <strong>and</strong> <strong>the</strong> report.<br />

- There was an error in Sheet “xxxxxxxxxxx. The cell was linked to <strong>the</strong> wrong cell.<br />

- An error was also identified by <strong>the</strong> ERG, in that <strong>the</strong> probability <strong>of</strong> PE recurrences after <strong>the</strong><br />

first year was incorrectly divided by 4 (xxxxxxxxxxxxx.<br />

- <strong>the</strong>re were also inconsistencies in <strong>the</strong> economic model, with <strong>the</strong> sum <strong>of</strong> <strong>the</strong> transition<br />

probabilities over 1 over few iterations in <strong>the</strong> PSA, due to <strong>the</strong> absence <strong>of</strong> constraints <strong>and</strong><br />

correlation. This lead to negative values <strong>for</strong> <strong>the</strong> LMWH arm in 2.4% <strong>of</strong> iteration in <strong>the</strong><br />

subgroup analysis.<br />

None <strong>of</strong> <strong>the</strong> errors identified had a significant impact on <strong>the</strong> results.<br />

119<br />

Copyright 2012 Queen's Printer <strong>and</strong> Controller <strong>of</strong> HMSO. All rights reserved.

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