Message from NPC
Health Care Economic Information and Its Impact on Value-Based Contracts
Value-based contracts, in which payment for the treatment is based on how well it helps patients meet specific health outcomes or other quality measures, are gaining interest as a means of driving value-based care. However, regulatory and communication barriers limiting what information payers and manufacturers can share have impeded the development of these contracts.
In his latest column in Specialty Pharmacy Times, NPC President and Chief Executive Officer Dan Leonard explains how expanding health care economic information (HCEI) for sophisticated audiences like payers and population health decision-makers benefits all stakeholders, and underscores the need to resolve remaining reimbursement and regulatory barriers that hinder the development of value-based contracts. Read the column now.
NPC Now: A Look at Our Latest Work
Prioritizing Health Care Spending: Engaging Employees in Health Care Benefit Design
A new case study shows that employees who are meaningfully engaged in deliberating and designing their health care benefits may have a more positive view of their coverage options.
NPC’s Dubois Named to Health Affairs Council on Health Care Spending and Value
Leading health policy journal Health Affairs announced the members of its Council on Health Care Spending and Value, a group of diverse health care thought leaders focused on examining the different drivers of health care spending. NPC Chief Science Officer and Executive Vice President Robert Dubois, MD, PhD, is among the members. Participation in the Council is among NPC’s ongoing activities to promote a broader dialogue and solutions to address health care spending.
Celgene EVP Rich Bagger Elected National Pharmaceutical Council’s Chairman of the Board
NPC announced that Richard H. Bagger, Executive Vice President, Corporate Affairs and Market Access, Celgene Corporation, has been elected Chairman of NPC’s Board of Directors for 2018-2019. NPC also elected new members to the Board executive and advisory committees.
Research and Info You Need to Know
Bringing Patient-Centeredness to Quality Measurement in Health Care
Quality measurement can be an important tool as health care stakeholders work to prioritize high-value care, but current measures are not always an accurate assessment of what matters most to patients. Organizations such as the National Health Council, the Pharmacy Quality Alliance and the National Quality Forum are undertaking new initiatives to ensure better patient input into the development and implementation of quality measures.
ICYMI: Articles of Note
- Baran-Kooiker A, Czech M, Kooiker C. Multi-Criteria Decision Analysis (MCDA) Models in Health Technology Assessment of Orphan Drugs-A Systematic Literature Review. Next Steps in Methodology Development? Frontiers in Public Health. October 15, 2018.
- Hampson G, Towse A, Dreitlein WB, Henshall C, Pearson SD. Real-World Evidence for Coverage Decisions: Opportunities and Challenges. Journal of Comparative Effectiveness Research. November 9, 2018.
- Caro JJ, et al. Determining Value in Health Technology Assessment: Stay the Course or Tack Away? PharmacoEconomics. November 9, 2018.
- Jena AB, et al. Understanding and Improving Value Frameworks With Real-World Patient Outcomes. The American Journal of Managed Care. November 13, 2018.
- Pearson SD, Dreitlein WB, Towse A, Hampson G, Henshall C. A Framework to Guide the Optimal Development and Use of Real-World Evidence for Drug Coverage and Formulary Decisions. Journal of Comparative Effectiveness Research. November 14, 2018.
Events and Education
At AcademyHealth’s 2019 National Health Policy Conference in Washington, D.C., on Feb. 4-5, 2019, sponsored by NPC, health care stakeholders discuss the most critical issues and immediate policy priorities in United States health care, including a panel moderated by NPC Chief Science Officer and Executive Vice President Robert W. Dubois, MD, PhD, addressing value assessment frameworks and cost effectiveness. Learn more and register now.
MIT NEWDIGS FoCUS Conference: Paying for Cures
Mark your calendars: MIT will be leading a conference on financing for curative therapies on February 12 at the National Press Club in Washington, DC. Register now to reserve your spot and stay tuned for further details.