On November 8th, the Innovation and Value Initiative (IVI) launched a new effort to help redefine the way we measure value in health care: the Open-Source Value Project (OSVP). A first-of-its-kind effort that engages all health care stakeholders in an open process to advance the way we measure value in health care treatments and services, the OSVP is creating flexible, transparent, iterative, and consensus-based modeling platforms for specific diseases. The first model released as part of the OSVP focused on rheumatoid arthritis, and additional models targeting other diseases are planned. For a quick overview of the OSVP, take a look at this a brief whiteboard video.
IVI is actively seeking input from everyone across the health care system ahead of the January 2018 deadline for public feedback. To facilitate widespread participation, IVI is hosting two public webinars next week to provide information and answer questions:
- Traditional value assessments are often “black boxes” that only account for a single perspective or a single population. The OSVP is designed to better measure value through an iterative and transparent process driven by input from all health care stakeholders. To better understand how the OSVP process works, learn about our first model in rheumatoid arthritis, and find out how to get involved, join us for our upcoming webinar on December 12, 2017 at 4pm EST/1pm PST. Register here.
- OSVP models are built to be entirely open-source, allowing anyone to customize the tool depending on their own assumptions and understanding of value. Learn more about how the IVI model generates customized information on rheumatoid arthritis treatments and how to apply the information in assessing value in health care on December 14, 2017 at 4pm EST/1pm PST. Register here.
The first webinar is designed to be an overview of the OSVP and our IVI-RA model for a general audience, whereas the second is intended for a more technical audience and will dive into the details of the model and our modeling approach. Both webinars are free and open to the public.