In the penultimate Health Affairs Forefront series, Mark Linthicum, Richard Chapman, and Jeroen Jansen address uncertainty in healthcare value assessment and decision-making and identify the following opportunities for change:
- We need a more dynamic approach to value assessment.
- Economic models should include both parameter and structural uncertainty to fully characterize the implications for decision-making.
- Gaps in evidence regarding treatment effects in minority populations must be formally integrated into the framework used to determine the value of new interventions.
- Relevant stakeholders should develop a data infrastructure that includes freely available data sources which may help alleviate uncertainty, such as long-term registries and patient-representative databases.
- Improve how we communicate uncertainty to both decision-makers and public audiences.
Read the full article here.
About the Blog Series
The Innovation and Value Initiative (IVI) has partnered with Health Affairs to produce a blog series that will explore the future of value assessment in a post-pandemic U.S. We hope this series will foster inclusive conversations and actionable ideas for improving value assessment through IVI research initiatives. The series will feature diversity of voices exploring a range of the most pressing issues in health economics and value assessment today.