
As part of PhRMA’s efforts to explore policy solutions to promote value-driven health care, we recently participated in a forum convened by Deloitte and the Network for Excellence in Health Innovation, which also included leaders from plans, health providers, academia, patient groups, non-profits and the medical device industry, to discuss how a value-driven health care system can be built in a way that supports innovation.
Several recommendations were discussed, which would allow evolution of the competitive, private health care market to become increasingly driven by value.
- Incorporate more clinical quality measures tied to long-term clinical outcomes in new payment models.
- Expedite development of patient-centered measures reflecting a broad array of patient preferences.
- Clarify the requirements for generating and communicating economic evidence.
- Consider life sciences companies as partners in care delivery and identifying unmet or under-met needs.
- Accelerate the adoption of value-based purchasing agreements with private health plans or providers.
Read the full white paper summarizing these recommendations here.