2019
DOI: 10.18553/jmcp.2019.25.2.246
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Drug Treatment Value in a Changing Oncology Landscape: A Literature and Provider Perspective

Abstract: BACKGROUND: The U.S. health care system's transition to a value-based reimbursement model holds important implications for medical innovation, care delivery, and value-based assessments of therapeutic interventions. This transition has been especially noteworthy in oncology, with substantial ongoing changes to payer reimbursement and the provider landscape, as well as the introduction of value frameworks to guide drug treatment decision making. The implications of these changes for provider assessments of drug… Show more

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Cited by 4 publications
(2 citation statements)
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“…Clinical efficacy was also ranked as the highest priority by US physicians, which is consistent with our study. 20 The interviewed US physicians acknowledged that cost/economic factors, system/organization, and social values played a limited role in influencing drug value assessment. However, at the same time, 83% of participants indicated that a patient's affordability was a key determinant of their perception of drug value.…”
Section: Discussionmentioning
confidence: 99%
“…Clinical efficacy was also ranked as the highest priority by US physicians, which is consistent with our study. 20 The interviewed US physicians acknowledged that cost/economic factors, system/organization, and social values played a limited role in influencing drug value assessment. However, at the same time, 83% of participants indicated that a patient's affordability was a key determinant of their perception of drug value.…”
Section: Discussionmentioning
confidence: 99%
“…The increasing cost of medications has resulted in a broadening of formulary categories (Table 5) as well as creative solutions to mitigate their financial impact using different pharmacoeconomic models (eg, cost‐minimization, cost utility) as relevant to the drug/disease state 36 . Five value frameworks exist within the oncology landscape, which share a focus on safety and survival but demonstrate variability in methodology and perspective in comparing value as well as framework‐specific advantages and disadvantages 37 . One health‐system implemented a value‐based approach toward formulary management of specialty medications that includes scored criteria for the assessment of efficacy, risk, cost, and societal benefit 38 .…”
Section: Innovative Methods Of Formulary Managementmentioning
confidence: 99%