

About Benady Consulting
Benady Consulting is a specialist firm at the intersection of Health Economics and Outcomes Research (HEOR) and applied artificial intelligence. We help life sciences organizations navigate market access challenges by combining rigorous economic modeling with next-generation AI tools designed to accelerate and elevate HEOR workflows.
Core HEOR Modeling
We deliver end-to-end economic modeling and evidence synthesis to support reimbursement and HTA submissions worldwide:
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Early and strategic economic modeling, including Budget Impact Models (BIMs) and Cost-Effectiveness Models (CEMs) tailored to inform pricing, access, and value communication
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Comparative efficacy assessment through Network Meta-Analyses (NMAs), Simulated Treatment Comparisons (STCs), and other indirect treatment comparison methods
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Advanced statistical analysis of real-world data to generate robust, decision-ready evidence
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Market-specific model adaptations that align global value frameworks with local payer requirements
AI Programming & Innovation
We are pioneers in bringing AI and large language model (LLM) capabilities into the HEOR discipline:
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Developing AI-powered tools that streamline model generation, automate quality control, and enhance literature synthesis
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Applying advanced programming techniques to reduce timelines, improve reproducibility, and unlock new analytical possibilities
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Actively shaping the future of HTA and payer decision-making through peer-reviewed publications, conference panels, and thought leadership across the research and policy community
Our Products
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HELMET: A benchmark dataset for evaluating large language models (LLMs) in HEOR modeling and review tasks.
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HEOR workbench for Rare Diseases: A daily-updated AI-powered tool that indexes published literature and web content by indication, enabling deep evidence extraction and synthesis.
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QC-Excel: An AI assistant for model builders. Users upload a starter Excel input, and the chatbot guides and generates complete CEM or BIM modules in Excel.
Clients & Collaborators
We’ve worked with leading organizations including:
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Databricks
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Regeneron
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Evidinno
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Bristol Myers Squibb (BMS)
Publications
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Sharif et al., HELMET: A Benchmark Dataset for LLM Evaluation in HEOR, ISPOR 2025
© 2024 by BenAdy Consulting Inc.
