PCORI Chief Vows Institute Will Not Do Cost-Effectiveness Analysis

BY CEA REGISTRY TEAM – The Center for the Evaluation of Value and Risk in Health:

During a conference focusing on the Patient-Centered Outcomes Research Institute (PCORI), the PCORI’s executive director, Dr Joe Selby, stated, “You can take it to the bank that PCORI will never do a cost-effectiveness analysis”. [1]

This statement was in response to concerns voiced that the term “value” included in the PCORI’s working definition of “patient centered outcomes research” would lead to the PCORI conducting cost-effectiveness analyses.

Although the Patient Protection and Affordable Care Act legislation barred the PCORI from developing or using a cost-per QALY threshold, it does not appear to explicitly exclude conduct of cost-effectiveness analysis. [2]  Dr Selby’s statement, however, suggests that formal cost-effectiveness analysis will effectively be excluded from the PCORI’s remit. READ FULL ARTICLE

 

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