2020
DOI: 10.34172/ijhpm.2020.76
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Exploratory, Participatory and Iterative Assessment of Value: A Response to Recent Commentaries

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Cited by 4 publications
(10 citation statements)
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“…This is interesting, since recent studies argue that modeling is not particularly useful to distinguish favorable from unfavorable innovations in an early stage, as reaching potential cost-effectiveness is a low bar when large uncertainties exist. 3,71,72 Moreover, conducting traditional analyses such as PSA in an early stage could lead to pseudocertainty, since some uncertainties are not yet quantifiable or even unknown. Instead, it seems more useful to determine directions for further research and the conditions under which the innovation could become of added value.…”
Section: Discussionmentioning
confidence: 99%
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“…This is interesting, since recent studies argue that modeling is not particularly useful to distinguish favorable from unfavorable innovations in an early stage, as reaching potential cost-effectiveness is a low bar when large uncertainties exist. 3,71,72 Moreover, conducting traditional analyses such as PSA in an early stage could lead to pseudocertainty, since some uncertainties are not yet quantifiable or even unknown. Instead, it seems more useful to determine directions for further research and the conditions under which the innovation could become of added value.…”
Section: Discussionmentioning
confidence: 99%
“…12,15,73 One of these improvements is the iterative use of modeling: the repeated use of early HTA throughout the research and development stages. 5,8,71,74 It seems that iterative modeling is rarely used, as only 4 of the included studies referred to an earlier model for (previous generations of) the innovation under study. The iterative process should start from a clinical problem with possibly an idea for an innovative solution.…”
Section: Discussionmentioning
confidence: 99%
“…164,167 Also, there is an important role for value of information. 164,168,169 Value-of-information (VOI) analysis is a method used to estimate the value of collecting more information for the decision-maker. 170 This information can reduce uncertainty and consequently the probability of making the wrong decision.…”
Section: Economic Evaluation -The Earlier the Bettermentioning
confidence: 99%
“…As such, as opposed to late-stage economic evaluations, which are often considered as a 'one-time' assessment, early-stage evaluations are more iterative and can be conducted in parallel with the development of technology. 164,169,[171][172][173] Consequently, economic evaluations during the early stages of development can have a significant influence on the (future) clinical performance of the technology, whereas in late-stage economic evaluations the specifications and performance of the technology are final. 165,169 In order to guide early economic evaluation, several frameworks have been developed.…”
Section: Economic Evaluation -The Earlier the Bettermentioning
confidence: 99%
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