Co-directed by George Miller at Altarum and Mark Fendrick at VBID Health, the Research Consortium for Health Care Value Assessment brings together researchers working in health value to collaborate, share findings and develop research ideas to aid decisionmakers seeking to address health care inefficiencies.
Ongoing research within the consortium is focused on broadening how we think about, measure and evaluate value in health care. A long-term objective of the consortium is development and use of methods for comprehensive measurement of the magnitude and cost of low-value care. Altarum’s research has led to a framework for a mixed-methods approach for comprehensive identification and measurement of use of health care services that add little or no clinical value. The framework describes methods for using administrative claims data to track low-value care for a population of interest.
Various research projects and concept papers have been conducted by the Consortium some of which include:
Consortium staff is currently identifying additional quick-strike projects that will further advance the science of health care value assessment.
The Research Consortium for Health Care Value Assessment is a partnership between Altarum and VBID Health, with funding from the PhRMA Foundation as part of its Value Assessment Initiative, established to promote the pursuit of value in health care delivery in the U.S. Follow us at @ValueConsortium.