The American Journal of Managed Care (AJMC) has published a series of articles highlighting the work of the PhRMA Foundation’s 2019 Value Assessment Challenge Award recipients.
This year’s awards honored researchers whose work focused on novel proposals to improve value assessment methods that move beyond using the quality-adjusted life year (QALY) to evaluate health care treatments. The Foundation’s 2019 awards went to researchers whose submissions answered the question, “What are innovative, patient-centered approaches to contribute to health care value assessment that move beyond the inherent limitations of analyses based on the quality-adjusted life year (QALY) metric?”
AJMC has published all four of the winning submissions.
Each of the articles is preceded by a short commentary by PhRMA Foundation President Eileen Cannon, highlighting the Foundation’s efforts to improve value assessment in the United States.
Please click below to read the submissions:
First Place award proposal
Authors: Lori Frank, PhD; and Thomas W. Concannon, PhD
Second Place award proposal
Expanding Use of Multi-Criteria Decision Analysis for Health Technology Assessment
Author: Charles E. Phelps, PhD
Third Place award proposals
Using Patient Experience Data and Discrete Choice Experiment to Assess Values of Drugs
Author: Surachat Ngorsuraches, PhD
Evaluation of Medical Technologies With Uncertain Benefits
Authors: Charles E. Phelps, PhD and Darius N. Lakdawalla, PhD
