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DICE Modelling Platform

Toolpeer-reviewed✓ Source-grounded

DICE is a flexible simulation tool used to model how diseases and treatments affect patients over time. It can track multiple health conditions at once, simulate individual patient experiences, and calculate costs and quality of life. It’s designed to be transparent and easy to use, especially in Excel.

At a glance

Use when

Modeling complex diseases with multiple interacting conditions, when transparency and auditability are critical, or when moving beyond cycle-based Markov assumptions

Avoid when

Resource constraints or queuing dynamics are central to the analysis, or when high-performance computing environments are required for large simulations

Inputs

Patient-level predictors, condition levels, event probabilities, transition rules, valuation functions (e.g., cost, utility), time horizons

Outputs

Simulated disease trajectories, cost and outcome profiles (e.g., total cost, QALYs), individual and aggregate results, probabilistic sensitivity analyses

How it works

Discretely Integrated Condition Event (DICE) Simulation is a unified modeling framework for pharmacoeconomic analysis. It integrates conditions (persistent states with variable levels) and events (instantaneous occurrences) through discrete time updates. Supports cohort and microsimulation, deterministic or stochastic execution, and concurrent valuation of conditions and events (e.g., cost, utility). Implemented in structured tables, often in MS Excel. Subsumes Markov models and non-resource-constrained discrete event simulations within one formulation.

Project
IMPACT HTA
Funding
Horizon 2020
Project status
Completed 2021
HTA domains
Costs & Economic Evaluation
Technology
Non-specific
Assumptions
Conditions evolve based on discrete integration with events; event timing and effects are defined by model logic; patient heterogeneity is captured via determinant profiles; all changes occur at discrete time points aligned with event occurrences
Strengths
High transparency and auditability, especially in Excel; avoids artificial constraints like fixed cycles in Markov models; supports complex, individualized patient pathways; integrates multiple valuations in one run; flexible execution modes (cohort/microsimulation, deterministic/stochastic)
Limitations
May require advanced Excel skills or custom scripting for complex models; performance limitations with large-scale microsimulations in Excel; less support for resource constraints compared to traditional discrete event simulation tools
Also known as
DICE Simulation, Discretely Integrated Condition Event Simulation

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