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Congress Should Replace Medicare’s Merit-Based Incentive Payment System

While the first performance year of the MIPS program has just ended, some observers have already raised concerns that MIPS will fail to improve patient care, even as it generates substantial administrative burdens. In this blog post, we argue that these concerns are well founded and that MIPS or a similar value-based purchasing program is unlikely ever to achieve its goals.  (more…)

Value-based drug pricing makes sense, but is difficult to pull off

Dana Goldman and Anupam Jena discuss the challenges of value-based pricing and health technology assessments. (more…)

Value-Based Pricing For Pharmaceuticals In The Trump Administration

The change in administration is an opportune moment for CMS to assume a leadership role with respect to value-based pricing.  (more…)

Measuring Value in Clinical Trials: Patient Preference Doesn’t Equal Average Survival

Though clinical trials most often rely on average survival rates as measures of value, these are not synonymous indicators. New research by the Schaeffer Center finds additional factors may weigh in patient’s treatment choice.  (more…)

When is the Cost of Care Worth it?

New medical technologies to treat chronic disease are typically accompanied by increases in both health care costs and health outcomes: while treatment costs have continuously increased over the years, the value of those treatments have not always shown the same growth in measured benefits. This disconnect influences (more…)

Benefits of Robotic-Assisted Surgery for Kidney Cancer Far Outweigh Investment Costs

The benefits of robotically-assisted surgery for patients with kidney cancer outweigh the healthcare and surgical costs by a ratio of five to one. This is according to new research published in Health Affairs(more…)

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