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.
Latest News
How to Strengthen Value Assessment’s Tool Box
With attention increasingly focused on the Biden Administration's new interest in a German-style panel to determine fair healthcare pricing, Jennifer Bright says we're at a crucial time to be absolutely clear about value - and [...]
IVI MEMBER SPOTLIGHT: The Alliance for Aging Research
In late January, we sat down with Michael Ward from of IVI's newest members, The Alliance for Aging Research. We are so pleased to partner with such a dynamic organization. Thank you [...]
PRESS RELEASE: IVI Appoints Dr. Richard Chapman as Chief Science Officer
Alexandria, VA — January 26, 2021 — The Innovation and Value Initiative (IVI) — a nonprofit organization dedicated to advancing the science, practice, and use of value assessment in healthcare — today announced that Rick [...]
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 [...]