Introduction: Globally, resources for health spending, including HIV and tuberculosis (TB), are constrained, and a substantial gap exists between spending and estimated needs. Optima is an allocative efficiency modelling tool that has been used since 2010 in over 50 settings to generate evidence for country-level HIV and TB resource allocation decisions. This evaluation sought to assess the determinants and outcomes of using modelling to inform financing priorities from the perspective of country stakeholders and their international partners. Methods: In October-December 2021, the World Bank and Burnet Institute led 16 small-group virtual interviews with representatives from national governments and international health and funding organizations. Interviewed stakeholders represented nine countries and 11 different disease program country contexts where Optima modelling work had been undertaken. Interview notes were thematically analyzed to evaluate determinants of research translation into policy and practice. Results: Common factors that facilitated or inhibited the application of Optima findings broadly encompassed the perceived validity of findings, health system financing mechanisms, the extent of stakeholder participation, engagement of funding organization, socio-political context, and whether the analysis was timed to suit data and stakeholder needs. Key reported outcomes of Optima analyses related to improved understanding of data and allocative efficiency, support for strategic planning, financial planning, funding advocacy and grant proposals, and influencing investment shifts between interventions or their delivery modalities. Conclusion: Allocative efficiency modeling has supported evidence-informed decision making in numerous contexts and enhanced the conceptual and practical understanding of allocative efficiency. Most immediately, greater involvement of country stakeholders in modelling studies and tying the timing of such studies to key strategic and financial planning decisions may increase the impact on decision making. To further improve relevance and acceptance of modelling findings, there needs to be greater consideration given to integrated disease modelling, equity goals, and financing constraints.