The Challenge Awards seek new strategies to better evaluate or measure the value of health care interventions.
KEY DETAILS
These awards provide support for papers that describe solutions to the following question: What are transformative strategies to measure or evaluate value of health care interventions that could be implemented to advance a value-driven health care system in the United States?
Application deadline: Contact the PhRMA Foundation at 202-572-7756 for deadline information about these awards.
Eligibility: Award opportunities are open to all individuals and organizations with training in health economics, outcomes research, clinical sciences or health care evaluation. Eligible applicants should hold an advanced degree in a field of study logically or functionally related to the proposed activities. Collaboration across stakeholder groups and fields of discipline is encouraged.
Funding: Winner receives $50,000; runner up receives $25,000; third and fourth place receive $5,000.
Important: Please click on topics in blue, above, to learn full details about this award.
ABOUT THE VALUE ASSESSMENT INITIATIVE CHALLENGE AWARDS
The PhRMA Foundation seeks papers that describe solutions to the following question: What are transformative strategies to measure or evaluate value of health care interventions that could be implemented to advance a value-driven health care system in the United States?
Examples may include, but are not limited to:
- Define a comprehensive set of measures to capture health care value that can be integrated into a framework to support decision-making from different perspectives.
- Propose a mechanism to collect or disseminate patient-reported data to incorporate in value assessment.
- Develop tools to facilitate patient decision-making based on value.
- Generate instruments capable of capturing relevant and standardized measures of value.
- Design value-based or outcomes-based contracts that incentivize improved quality, sustainability and continued innovation in medical devices, diagnostics and medicines.
- Build decision-making tools that adapt behavioral economic principles to promote value.
The PhRMA Foundation seeks transformative, multi-stakeholder-driven solutions to address challenges in assessing the value of medicines and health care services to improve patient outcomes and reduce inefficiency.
Award opportunities are open to all individuals and organizations with training in health economics, outcomes research, clinical sciences or health care evaluation. Eligible applicants should hold an advanced degree in a field of study logically or functionally related to the proposed activities. Collaboration across stakeholder groups and fields of discipline is encouraged.
Recipients of Challenge Awards will be honored and asked to present their winning papers at a public forum. Awards will be given in the following amounts:
- The winner will receive $50,000
- The runner up will receive $25,000
- Third and fourth place will receive $5,000
- Descriptive title of proposed paper
- Name, address and telephone number of the applicant(s)
- Names of other key personnel (if applicable)
- Applicant(s) CV or biosketch
- Affiliated or participating institutions (if applicable)
- Proposed response to challenge question, not to exceed 400 words
- Descriptive title of proposed paper
- Name, address and telephone number of the applicant(s)
- Names of other key personnel (if applicable)
- Applicant(s) CV or biosketch
- Affiliated or participating institutions (if applicable)
- Response to challenge question in a paper suitable for publication, not to exceed 3,000 words
