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Availability of New Drugs and Americans' Ability to Work

This work examined the extent to which the introduction of new drugs has increased society's ability to produce goods and services by increasing the number of hours worked per member of the working-age population. Under very conservative assumptions, the estimates indicated that the value of the increase in ability to work attributable to new drugs is 2.5 times as great as expenditure on new drugs.

The study also found that the potential of medicines to increase employee productivity should be considered in the design of drug-reimbursement policies. Conversely, policies that broadly reduce the development and utilization of new drugs may ultimately reduce our ability to produce other goods and services.

Due to copyright issues, this study is only available through the JOEM website.

Blog Post

NQF’s Annual Conference Drives Conversation Around Quality Measures, Value-Based Care

As the health care system moves toward one emphasizing the value of care over the volume of care, quality measures play a key role in this shift to...
Newsletter Volume

E.V.I.dently January 2016

MessageThe Importance of Evidence, Value, Access and Innovation in 2016In his annual health care outlook, NPC President Dan Leonard explains why...
Blog Post

Standards and Subgroups: Why it’s Important to Account for Differences Across Patient Groups When Developing Quality Measures

There is a growing call to action across our nation’s health care system: increase the quality and value of care, improve patient outcomes, and...
Blog Post

Using the GRADE Process to Improve Patient Care: A Practical Experience

While grading schemes have been around and readily used by health care professionals for more than 30 years, evaluations of health care evidence and...
Press Release

Study Offers Solutions for Filling Gaps in Accountable Care Measure Sets

(Washington, DC, October 13, 2015)—Measurement in accountable care programs is essential for promoting quality improvement and balancing financial...
Press Release

National Pharmaceutical Council, Discern Health Examine Accountable Care Measures for Specialty Care and Innovative Treatment

Washington, DC (October 28, 2014)— Measuring the quality and cost of health care is an integral part of accountable care, but new research from the...
Press Release

NPC Welcomes Dr. Bryan Luce as PCORI Chief Science Officer

WASHINGTON, DC (April 24, 2013) The National Pharmaceutical Council today welcomed the news that the Patient-Centered Outcomes Research Institute (...
Press Release

Leading Researchers Outline Principles for Conduct of Comparative Effectiveness Research

WASHINGTON, DC (September 11, 2012)—A new set of principles developed by a group of leading researchers could help to ensure more consistency in how...
Commentary and Testimony Page

Chain Drug Review – Commentary: “Health Care Outlook for 2015”

This commentary was originally published in the January 5, 2015 issue of Chain Drug Review.By: Dan Leonard, President, National Pharmaceutical...
Commentary and Testimony Page

Asymmetry in the Ability to Communicate CER Findings: Ethics and Issues for Informed Decision Making

The number of voices in the comparative effectiveness research (CER) conversation is continuing to grow, but not all stakeholders have the same...
Commentary and Testimony Page

Comparative Effectiveness Research and the Changing Health Care Landscape

This content appeared in the January 2, 2012 print edition of Chain Drug Review. In the span of just one year, the health care landscape has...
Commentary and Testimony Page

CER: Who Can Say What, and When Can They Say It?

With billions of dollars in comparative effectiveness research (CER) set for completion in coming years, there will be broader discussions about the...
YouTube Videos

NPCNow Podcast: Dr. Mark McClellan on Quality Measures & Engaging Patients

In this NPCNow podcast, Dr. Mark McClellan, director, Health Care Innovation and Value Initiative, Brookings Institution, discusses ways to address...
YouTube Videos

Quality Measures Benefit Patients in More Ways Than One

Cary Sennett, MD, PhD, president and CEO, Asthma and Allergy Foundation of America, explains that quality measures are important to patients not only...
YouTube Videos

Quality Measures: In Theory & In Practice

Cary Sennett, MD, PhD, president and CEO, Asthma and Allergy Foundation of America, explains, in theory, quality measures are important because they...
YouTube Videos

Challenges in Quality Measurement & Potential Solutions

Cary Sennett, MD, PhD, president and CEO, Asthma and Allergy Foundation of America, lists the current challenges involved in quality measurement (e.g...
Blog Post

NQF’s Annual Conference Drives Conversation Around Quality Measures, Value-Based Care

As the health care system moves toward one emphasizing the value of care over the volume of care, quality measures play a key role in this shift to...
Blog Post

Standards and Subgroups: Why it’s Important to Account for Differences Across Patient Groups When Developing Quality Measures

There is a growing call to action across our nation’s health care system: increase the quality and value of care, improve patient outcomes, and...
Blog Post

Using the GRADE Process to Improve Patient Care: A Practical Experience

While grading schemes have been around and readily used by health care professionals for more than 30 years, evaluations of health care evidence and...
Blog Post

From Simple Process to Outcome Measures—Transforming Our Health Care Focus to Improve Patient Health

When it comes down to it—according to Dr. Joel V. Brill, medical director at FAIR Health, Inc.—the question at the heart of our health care system’s...

Solutions for Filling Gaps in Accountable Care Measure Sets

This peer-reviewed study, “Solutions for Filling Gaps in Accountable Care Measure Sets,” explores...

Accountable Care Measures for High-Cost Specialty Care and Innovative Treatment

This research sheds light on gaps in quality measurement and missed opportunities to promote...

Consumer-Directed Health Plans: Pharmacy Benefits & "Better Practices"

On behalf of the National Pharmaceutical Council, Th

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