One pharma CEO put it this way: In ten years, the pharma industry will be paid on outcomes, and we have no idea how to get there. The DSU’s previous work on updating the NICE Methods Guide. Now, value-based health care threatens to put pressure on the industry’s basic business model. Press release from NICE on results of the consultation (September 2014) The NICE consultation process for Value Based Assessment to create an addendum to the Guide to the methods of Technology Appraisals (consultation period 27 March to 20 June 2014) ![]() Incorporating wider societal benefits into estimates of cost per QALY: Case studies (PDF, 222KB) (Dec 2012)ĭepartment of Health proposals for including burden of illness into value based pricing: a description and critique (PDF, 205KB) (July 2013)ĭepartment of Health proposals for including wider society benefits into value based pricing: a description and critique (PDF, 549KB) (August 2013) Further information understanding of valueone championed by the academics Michael Porter and Elizabeth Olmsted Teisberg, who first coined the term value-based healthcare1 (VBH) to describe outcomes of health treatment relative to cost. Incorporating wider societal benefits into estimates of cost per QALY: Implications of value based pricing for NICE (PDF, 145KB) (Nov 2012) We have also provided commentary and critical review of the DH proposals around 'Burden of illness' (report three) and 'Wider societal benefits' (report four). We have produced reports which consider the issues associated with implementing the Department of Health (DH) estimated values for Wider Societal Benefits into cost effectiveness models of the type typically submitted to NICE Appraisals (reports one and two). Support for refugee students and scholars PDF On Dec 1, 2011, Don Husereau and others published Value-Based Pricing of Pharmaceuticals in Canada: Opportunities to Expand the Role of Health Technology Assessment Find, read and cite. ![]()
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