International Institute of Health Economics and Technology

What International Institute of Health Economics and Technology does

International Institute of Health Economics and Technology (iHEAT) is a Hanoi-based private think-tank and research institute founded in 2019, employing 51-100 staff and operating as a platform of seven specialized research centers — Brain, Behavior and Technology (BBT); Health Technology Assessment (HTA); Health Services and System Research (HSS); Health Economics and Management (HEM); Global Health Policy; Sustainable Development; and Data Science and Modeling — together with a Training Center for healthcare professionals.

The institute's core technology stack combines data science, artificial intelligence, machine learning, epidemiological modeling, geospatial analysis, and economic modeling, with the BBT center additionally deploying functional near-infrared spectroscopy (fNIRS) brain imaging for mental health research. Products are delivered as research studies, health technology assessments, policy advisory work, systematic reviews and meta-analyses, and training programs; there are no consumer software products or APIs. The institute is governed by an International Advisory Committee of academic experts from institutions including Johns Hopkins Bloomberg School of Public Health, National University of Singapore, and Karolinska Institute.

The business model is research-services and professional training delivered via direct engagement with government health authorities, international research institutions and NGOs, and individual healthcare professionals. Pricing is not publicly disclosed and operates on per-contract terms typical of consulting and academic training. Marketing is conducted primarily through organic channels — Facebook, LinkedIn, email newsletter ([email protected]), the iheat.vn website, and hosted seminars — with no disclosed funding rounds, revenue figures, customer logos, or formal partnerships, making the institute's commercial scale and revenue mix opaque to outside observers.

Name

International Institute of Health Economics and Technology

Legal name

International Institute of Health Economics and Technology

Website

https://iheat.vn

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

International Institute of Health Economics and Technology (iHEAT) is a Hanoi-based private think-tank operating seven research centers plus a training center, delivering health economics, policy, AI-driven modeling, HTA, and mental health research to Vietnamese government authorities, healthcare professionals, and international research institutions.

Ownership category

akta.pro rank

Product category

Health Economics Research and Policy Advisory

NAICS

Research and Development in the Physical, Engineering, and Life Sciences (54171), Research and Development in the Social Sciences and Humanities (541720)

SIC

Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Health Information Exchange & Public Health Data Integration (HLAJAJAD)

akta.pro secondary industry

Healthcare & Wellness Personalization (HDAAAGAI)

Keywords

• Health economics research
• Health technology assessment
• Global health policy
• Epidemiological modeling
• Health systems research

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Distribution channels2 records

Marketing channels5 records

Core offering

iHEAT is a research think-tank that delivers health economics research, health technology assessment, health policy analysis, and professional training through seven specialized research centers and a Training Center. Its core work covers clinical research, medical device trials, health system research, health policy and market analysis, mental health innovation (via fNIRS and AI), and capacity-building programs for healthcare professionals across clinical medicine, public health, health economics, AI and data science, and health policy.

Product overview

International Institute of Health Economics and Technology (iHEAT) is a research think-tank organized as a platform of multiple specialized research centers. The core portfolio consists of seven research centers: Brain, Behavior and Technology (BBT) for mental health innovation; Health Technology Assessment (HTA) for clinical evidence evaluation; Health Services and System Research (HSS) for health system improvement; Health Economics and Management (HEM) for economics and management insights; Global Health Policy for evidence-based policy development; Sustainable Development for SDG advancement; and Data Science and Modeling for data-driven health solutions. These centers collectively apply economic evidence and applied technology to support health system management and global health policy development. Additionally, iHEAT operates a Training Center that provides advanced educational programs to healthcare professionals across various disciplines.

Differentiator

Problem solved

Functional benefit

Products and services

• Brain, Behavior and Technology (BBT) A research center dedicated to improving mental health outcomes through cutting-edge research and innovation. Focuses on prevention and early intervention, personalized patient-centered care, and integrated holistic mental health approaches using fNIRS brain imaging and AI-powered tools.
• Health Technology Assessment (HTA) A research center dedicated to evaluating the effectiveness, safety, and cost-effectiveness of health technologies. Conducts systematic reviews, meta-analyses, health economic evaluations, and comparative effectiveness research to inform evidence-based healthcare decision-making.
• Health Services and System Research (HSS) A multidisciplinary research center focused on improving health system management and developing evidence-based health policies. Examines health system performance, increases access to quality healthcare, and supports health system strengthening worldwide using economic evidence and applied technology including telemedicine, mobile health, AI, and blockchain.
• Health Economics and Management (HEM) A premier research hub specializing in the economics and management of health systems. Applies economic and management principles to address global health challenges, examining health financing, system performance, policy, workforce management, behavioral economics, and hospital management.
• Global Health Policy A research center dedicated to studying global health, epidemics, and governing policies. Draws on international expertise in global public health, health economics, and management to develop evidence-based policies that improve health outcomes worldwide.
• Sustainable Development A pioneering research institution dedicated to advancing the United Nations Sustainable Development Goals (SDGs) through cutting-edge research. Covers climate change, renewable energy, sustainable agriculture, water and sanitation, urban development, and the economic and social dimensions of sustainability.
• Data Science and Modeling A cutting-edge research hub leveraging data and technology to address global health challenges. Develops and applies innovative data science and modeling methods including health system modeling, epidemiological modeling, machine learning, geospatial analysis, and economic modeling, and uses AI to predict treatment outcomes and recommend personalized treatment plans.
• Training Center A pioneering initiative dedicated to advancing the skills, knowledge, and competencies of healthcare professionals. Provides comprehensive training programs using educational technology, evidence-based practices, and interdisciplinary collaboration spanning clinical medicine, public health, health economics, AI and data science, psycho-behavioral studies, and health policy.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mathematica: A US-based research and data analytics consultancy with deep health economics, HTA, and policy evaluation practices for government and foundation clients — directly comparable operating model and service mix to iHEAT.
• Centre for Health Economics, University of York: A leading academic health economics research group producing HTA, economic evaluation, and policy modeling work for UK and international governments — directly comparable in research output and HTA focus.
• IHME (Institute for Health Metrics and Evaluation): Produces global health data, epidemiological modeling, and burden-of-disease analyses used by policymakers worldwide — directly comparable to iHEAT's Data Science and Modeling and Global Health Policy centers.

Broad incumbents

• RAND Corporation: A global policy think tank with a dedicated health division conducting health economics, HTA, and health system research for governments and foundations — directly comparable in mission and customer base to iHEAT, though far larger and globally distributed.
• FHI 360: A global nonprofit organization working across public health research, capacity building, and program evaluation in LMICs — comparable to iHEAT's research, training, and policy advisory work in Southeast Asia.
• IQWiG (Institute for Quality and Efficiency in Health Care): Germany's HTA agency conducting cost-effectiveness and benefit assessments for federal health policy — analogous to iHEAT's HTA center in mission and policymaker customer segment.
• RTI International: A large nonprofit research institute with substantial work in health economics, HTA, and global health policy for governments and donors — a comparable applied research and advisory model to iHEAT, operating at much greater scale.
• National Institute for Health and Care Excellence (NICE): UK's lead HTA body producing technology appraisals, clinical guidelines, and economic evaluations for the NHS — directly comparable to iHEAT's HTA and Health Economics centers in function and customer (government health authority).

Regional players

• Health Intervention and Technology Assessment Program (HITAP), Thailand: A Southeast Asia-based HTA agency working with Thailand's Ministry of Public Health and the region — closely comparable in geography, mission, and policymaker customer base to iHEAT's HTA and health economics work.
• Singapore Health Services (SingHealth) Centre for Population Health Research and Implementation: A Singapore-based clinical and population health research group connected to NUS and SingHealth, doing health systems and policy work in Southeast Asia — comparable regional footprint and academic partnerships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php?id=100064160168150
• LinkedInlinkedin.com/company/iheatvietnam

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about International Institute of Health Economics and Technology