A deep dive into how to create high-impact BIMs for market access
Budget Impact Models (BIMs) help demonstrate the affordability of new therapies, but building credible, user friendly and compliant models is complex.
These are common challenges faced by Market Access Managers, HEOR Specialists, and pharmaceutical product teams when building a BIM:
- Limited data availability and quality
- Unclear or varying payer expectations
- Limitations of commonly used tools (e.g., Excel)
Our guide breaks down for beginners and specialists what makes a BIM effective, with practical tips on structure, validation, and regional expectations.
Whether you’re designing your first BIM or refining existing models, this guide provides valuable insights and practical examples to help you elevate your market access strategy. Learn how to overcome Excel challenges, follow best practices, and deliver models that meet payer needs.
Don’t miss this expert-authored guide to learn:
- How to design credible, payer-ready Budget Impact Models that support reimbursement and market entry across diverse healthcare systems
- How to structure and validate Excel-based BIMs for transparency, usability, and stakeholder trust
- How to tailor models to local payer needs – whether for AMCP dossiers in the U.S. or national HTA submissions in Europe
What’s inside
- What are budget impact models and why do they matter?
- Practical examples of BIMs in action
- Who develops BIMs and why they are essential for pharma companies
- 4 Common methodologies for budget impact modeling
- BIM expectations in the US vs. Europe
- Excel as a tool for BIMs: strengths and challenges
- More challenges in BIM development
- Best practices for effective and credible budget impact models
