Comparative Effectiveness: The why and the how
Comparative Effectiveness. Pharma dreads it. Doctors and patients will love it – unless it is used to limit treatment choice, which is certainly a possibility, if not a likelihood. Regardless, it’s coming, and it’s coming fast. The US government is now poised to spend $1.1 billion from the economic stimulus package to develop comparative effectiveness research in this country.
It thus behooves both non-technical and technical decision-makers in industry – pharma, biotech, and devices – to get a grip on what it is, why this is happening, and how comparative effectiveness evidence will be developed and used. For off-site sessions, a panel of experts representing both doers and users, will discuss the key implication of comparative effectiveness research: net clinical benefit vs. cost-effectiveness for funding and coverage decisions.
Attendees of this seminar will be better informed, and thus better equipped, to ride this next wave of Evidence-based Medicine. Information sources (Web and published literature) for further reading will also be provided.
- Comparative Effectiveness: What and why
- definitions
- why decision-makers want it, and how they will use it
- Comparative Effectiveness: Who and how
- which groups are leading the charge in the U.S., and globally
- how to perform a comparative effectiveness assessment –
using experimental data
- systematic reviews
- meta-analysis
- direct comparisons
- indirect comparisons
- network meta-analysis
- how to perform a comparative effectiveness assessment –using observational data
- administrative datasets
- electronic medical records
- Net clinical benefit vs. cost-effectiveness: Where are we going?
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