PsychiatricTimes Members: Login | Register

|     

PsychiatricTimes SearchMedica Medline Drugs

Powered by SearchMedica

 
Risk Assessment
News
Current Issues
Blogs
Special Reports
CME
Conferences
Resources
Careers
Multimedia
About Us
 

Home » Dementia

Drug Benefit Trends. Vol. 22 No. 2
Pages: 1  2  
Next
Managed Care Matters 

Comparative Effectiveness Research—Part 1: Searching for Value

by F. Randy Vogenberg, PhD, RPh | March 25, 2010

Dr Vogenberg is principal of the Institute for Integrated Healthcare in Sharon, Mass, and senior scholar at the Jefferson School of Population Health in Philadelphia.


Owing to the recent senatorial election results in Massachusetts, anticipated health care reform agendas for the United States are undergoing change again as the electorate and Congress struggle with a burgeoning health care system. Among those areas still being defined in the context of health care reform is comparative effectiveness research (CER). Conflicted economic priorities and desired levels of clinical outcomes in the marketplace along with increasingly complicated science have created a potentially unique opportunity for CER.

To understand the growing interest in CER, it is important to appreciate the evolution for payment of health care services in the US health care system as well as the shift in those who determine the value of a product or service. Before the availability of health care insurance, patients determined the who, what, and when of health care services to be provided. They also determined the payment or relative value of those services.

The advent of health insurance for hospital and some physician care services began in the mid-20th century. By the latter portion of the century, health insurance had evolved rapidly to cover additional aspects of health care, such as prescription drugs.

This expansion in coverage was accompanied by a shift in decision making from the patient to the insurance provider. First, decisions around payment and service discounts transitioned from the patient or employer. Eventually, insurers began influencing patient access to services through the use of contracted networks.

Hospital formularies in the 1950s had focused on product safety and an adequate supply of medication, but the role of the P&T committees changed as enrollment in MCOs rose along with spiraling increases in medication costs. This led to the use of formularies to leverage discounts and rebates from manufacturers. As a result, P&T committees began using a variety of management tactics to control costs and promote the rational use of medications; this also led to benefit management outsourcing.1 All of these efforts continued the shift of health care decision making away from the patient and into the hands of a third party.

The use of health outcomes data for therapeutics and formulary decisions has resulted from the expanding role of P&T committees along with increasing economically driven decision making in managed care. MCOs as well as other insurers rely on pharmacoeconomic data and models to control rising costs and increased use. This information helps determine the value of a product when making formulary decisions.2 This strategy also allows third-party payers of patient care services to ensure spending on proven medical treatments as part of their fiduciary responsibilities under their insurance or management services contract.

Roots of CER
The typical goal for CER is to target health care spending on proven medical treatments that are effective in defined, real-world populations. Comparative effectiveness can be determined through the use of many research methods, including randomized trials, systematic reviews, database analyses, and prospective observational studies.3 The origins for these methods emerged from organized health care systems that lie in health-related economic analyses, pharmacoeconomics, and health technology assessment.

Pages: 1  2  
Next
 

Join the Conversation

Want to join the conversation? If you're a healthcare professional, we'd like to hear your comments. Just sign in or register today to become part of our growing, online community.






 
TOPIC INDEX

Addiction Medicine
Alzheimer Disease
Anxiety Disorders
ADHD
Bipolar Disorder
Child & Adolescent Psychiatry
Dementia
Depression
DSM-5
Geriatric Psychiatry

 

Health Care Reform
Major Depressive
Disorder
OCD
Personality Disorders
Schizoaffective Disorder
Schizophrenia
Sleep Disorders
Somatoform Disorders
All Topics

 


 
RELATED TOPICS

AIDS dementia complex
Amyotrophic lateral sclerosis
Cognitive disorders
Multi-infarct dementia
Delirium
Lewy body disease
Prion diseases
Rett syndrome
Schizophrenia
Vascular dementia

 
FROM PHYSICIANS PRACTICE
Five Steps to Improving Patient Access
Judy Capko,  May 21, 2013
Patient access is getting increased attention through reform initiatives. Here are five steps you can take to make sure patients get appropriate access to care in your office.
Growing HIPAA Threat – Ignore Windows XP at Your Own Peril
Marion K. Jenkins,  May 21, 2013
Chances are good that you have some major ticking software time bombs lurking in your medical practice's computer environment, namely Windows XP and Server 2003.
Finding Physician Work-Life Balance in the Small Moments
Jennifer Frank, MD,  May 21, 2013
At my practice and at home, things are always busy. There's laundry or homework, or a patient with needs.
Three Areas to Reduce Costs at Your Medical Practice
Greg Mertz,  May 19, 2013
By taking a hard look at reducing costs for staffing, overhead, and technology at your medical practice, you may see increased physician compensation.
Dos and Don’ts for Starting a Physician Blog
Michael Woo-Ming, MD,  May 18, 2013
Starting a physician blog can provide your medical practice with marketing benefits, but it's important to do it right.
 

 

 
MOST POPULAR
  • Most Popular
  • Most Emailed
  • Most Recent
  • The Moral Struggles of Practicing Psychiatrists
  • Developmental Psychopathology Comes of Age
  • Grief and Depression: The Sages Knew the Difference
  • Update on Mental Health Benefits and Substance Use Disorder Services Under the Affordable Care Act
  • Experts Discuss Changes, Updates in DSM-5
  • Successful Aging: Strategies to Help Maintain and Nurture a Healthy Brain
  • You Are—And Your Mood Is—What You Eat
  • Grief and Depression: The Sages Knew the Difference
  • Experts Discuss Changes, Updates in DSM-5
  • Developmental Psychopathology Comes of Age
  • The Psychiatrist and the Slot Machine
  • The Role of Biological Tests in Psychiatric Diagnosis
  • You Are—And Your Mood Is—What You Eat
  • Experts Discuss Changes, Updates in DSM-5
  • The Paradox of Choice: When More Medications Mean Less Treatment
Click here to subscribe to our newsletter
 
COMMENTS
  • Most Commented
  • Most Recent
  • Grief and Depression: The Sages Knew the Difference
  • Psychiatry and the Myth of “Medicalization”
  • Is it Time for a Treatment Manual to Complement DSM-5?
  • NIMH vs DSM 5: No One Wins, Patients Lose
  • DSM-5 Won’t Solve the Overdiagnosis Problem—But Clinicians Can
  • Experts Discuss Changes, Updates in DSM-5
  • The Role of Biological Tests in Psychiatric Diagnosis
  • Successful Aging: Strategies to Help Maintain and Nurture a Healthy Brain
  • Refinements in ECT Techniques
  • DSM-5 Won’t Solve the Overdiagnosis Problem—But Clinicians Can
Click here to subscribe to our newsletter
 
CAREER CENTER

  •   Featured Jobs  
  •    Resources   
  • Psychiatry and Nurse Practitioner Opportunities
  • Associate Medical Director - Psychiatrist Delray Beach, Florida
  • Retiring Child Psychiatrist Seeks Replacement August 2010 or Before
  • Chairperson, Dept of Psychiatry Needed
  • FT Staff Psychiatrist - Excellent Benefits
  • BC Adult and Child Psychiatrits - PT and FT Positions Available
  • Managing Risks When Practicing in Three-Party Care Settings
  • 12 Tips for Making Your Practice Greener
  • Keys to Avoiding Malpractice: Standard of Care in Psychiatric Practice
  • Take This Job and Shove It
  • Merging Administrative and Academic Careers in Psychiatry


 
SearchMedica Search Result

Find peer-reviewed literature and websites for practicing medical professionals

CME on Dementia
Evidence on Dementia
Guidelines on Dementia
Patient Education on Dementia
Clinical Trials on Dementia
Practical Articles on Dementia
Research and Reviews on Dementia
All "Dementia" results

CancerNetwork | ConsultantLive | Diagnostic Imaging | Musculoskeletal Network | OBGYN.net | PediatricsConsultantLive |
Physicians Practice | Psychiatric Times | SearchMedica | Medical Resources

© 1996 - 2013 UBM Medica LLC, a UBM company
Privacy Statement - Terms of Service - Advertising Information - Editorial Policy Statement - UBM Medica Network Privacy Policy