Our recent collection of thought leadership features scientific publications from Precision authors Kathy Lang, Ross Maclean, Jason Shafrin, Meena Venkatachalam, and more!
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COVID-19 Pandemic Vindicates the ISPOR Value Flower
What is the right price for a new treatment for COVID-19 and why the “value flower” model can more accurately value treatments which have a transformational impact on the lives of not only of patients, but also caregivers, employers, and broader society.
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According to the Centers for Disease Control and Prevention (CDC), while African Americans represented 13 percent of the US population, as of May 30, 22 percent of COVID-19 patients were black. Furthermore, as of March 30, 33 percent of hospitalized COVID-19 patients were African American. These health disparities were well known before the COVID-19 pandemic; life expectancy for African Americans in the US is 3.5 years lower than for the American population as a whole. Although there is a universal acknowledgement that health inequalities need to be addressed, the question is “How?”