The PhRMA Foundation’s Value Assessment Initiative (VAI) promotes the development of advanced value assessment frameworks and methodologies that are rigorous, transparent, and address the needs of all health care stakeholders, including patients, payers and providers. The initiative seeks to prioritize patient centricity and health equity as key pillars of the value assessment framework development process.

The Foundation is supporting these efforts as a part of its overall mission, which includes Investing in research that empowers patients while improving outcomes and efficiencies in health care.

As as part of its overall Value Assessment Initiative, the Foundation has funded four Centers of Excellence in Value Assessment. The centers promote research, innovation, and the development of tools and partnerships that advance value-driven decision making and patient-centered care models.