Healthcare Innovation March 17, 2022
New evaluation framework seeks to capture both financial and quality-of-life effects
At HIMSS22 in Orlando, Fla., the Digital Medicine Society (DiMe) and the Veterans Health Administration (VHA) launched a value-driven framework for evaluating healthcare innovations.
The organizations noted that previous frameworks to evaluate the value of healthcare innovations have been limited in focus because of pressures from third-party payers, typically being restricted to analyses of economics, not quality of life; to assessments of population- or individual-level benefits, not both; and to measurements only at a specific time point, not over time. In contrast, they say, their new evaluation framework seeks to capture both financial and quality-of-life effects, reflects value over various periods of time, gathers perspectives from all stakeholders, and...