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ARTICLE | Company News

Avalere, FasterCures launch patient-focused value framework

May 11, 2017 11:29 PM UTC

The Avalere Health LLC unit of Inovalon Holdings Inc. (Bowie, Md.) and policy and advocacy organization FasterCures launched a Patient-Perspective Value Framework (PPVF), which aims to incorporate patient preferences into assessments of the value of medical services and products. The partners said the tool's applications include aiding in doctors' and patients' shared decision-making, integrating patient perspectives into existing value frameworks, supporting public healthcare programs, and encouraging patient-centered product development.

The partners said they created the framework in response to other value-assessment models created for payers, researchers and policy makers, without adequate incorporation of patient perspectives. The framework was developed in consultation with a 23-member steering committee, along with patient outreach. ...