IVI’s MISSION is to advance the science, practice, and use of value assessment in healthcare to make it more meaningful to those who receive, provide, and pay for care.
IVI has a GOAL of building a community to create rigorous, innovative, and relevant methods and translational research that facilitates patient-centered value assessment and emphasizes flexibility and usability for the unique decision contexts of individual decision-makers.
The Value Debate
One significant and ongoing challenge in healthcare today is the measurement of value. Most healthcare providers, payers, and patients would agree the cost of medication, treatment, or medical service should reflect the value it delivers. And yet, consensus does not yet exist about the component perspectives, methods, and data that should be used to define value. This status quo demands better answers to the questions, “How do you measure value? And for whom?”
A New Approach
We need a better approach to value assessment that puts patients at the center. As part of this we also need a more transparent and collaborative approach toward building the models we use to assess value.
IVI is working to drive innovation in value assessment through collaborative research on patient preferences, novel methods of value, and value assessment model development. We work with patients, payers, and providers to assess what value means to them, and serve as a laboratory for testing new methods to improve value assessment.
The IVI Open-Source Development Process
IVI in 2020
Latest News
Looking Ahead to 2021: Let’s Really Make 2021 the Year of the Patient
Author: Jennifer Bright, MPA, Executive Director, IVI The promise of a new year offers an opportunity to recall our best moments in 2020 (surely there are a few!) and get excited for what's ahead. For [...]
IVI MEMBER SPOTLIGHT: Andrea Maresca, MPH
Earlier this fall, we sat down with Andrea Maresca, an IVI Board Member, who recently joined our organization. We are thrilled to have an expert in federal and state healthcare policy as part of our [...]
PRESS RELEASE: IVI Research Brief: Open-Source Modeling Builds Trust, Validity, and Rapid-Cycle Learning in Value Assessment
Alexandria, VA — November 23, 2020 — The Innovation and Value Initiative (IVI) — a nonprofit organization dedicated to advancing the science, practice, and use of value assessment in healthcare — today released its latest [...]
PRESS RELEASE: IVI Research Brief Examines Value Assessment in the Age of COVID
Researchers Highlight Important Advancements in Understanding Value Emerging from the Pandemic Alexandria, VA — November 10, 2020 — The Innovation and Value Initiative (IVI) — a nonprofit organization dedicated to advancing the science, practice, and [...]