The uncertain number of patients likely to be treated with an expensive novel therapy (actuarial risk) could represent a major financial issue for some payers. In this brief, we will … Read More
FoCUS Project: Recent International Event Highlights (April 2018)
NEWDIGS FoCUS project leaders have appeared in three recent meetings to share emerging perspectives on financing potentially durable but expensive new therapies. Casey Quinn and R. John Glasspool speak at … Read More
Designing Precision Financing for Cures
Designing Precision Financing for cures can be informed by a framework that tailors solutions to the three financing challenges of actuarial risk, performance risk and payment timing based on the … Read More
The heterogeneity of health care payers suggests that durable therapies need precision financing targeted to each payer segment
FoCUS participants have identified four payer segments for precision financing: self-insured employers and related organizations; health insurance plans and managed care organizations; Medicare; and Medicaid. Download FoCUS Research Brief_2018F202-014Share the … Read More
Interview with Mark Trusheim for ADAPT SMART
Road MAPPs to therapeutic innovation One of the original thought leaders of the concept of Adaptive Pathways was the NEWDIGS initiative of MIT’s Center for Biomedical Innovation. ADAPT SMART has … Read More
Payers Open to Innovative Financing Mechanisms for High Cost Gene Therapies
In a broad survey, payers favor performance based milestone contracts and risk pools strategies to absorb the surge of high cost gene therapy products expected to enter the market over … Read More
Massachusetts to Pioneer Next Generation Healthcare Innovation Ecosystem to Better Serve Patients
NEWDIGS Initiative at MIT leads multi-stakeholder collaboration to design and pilot a sustainable, patient-centered innovation ecosystem for a target disease CAMBRIDGE, MASSACHUSETTS, 12 DECEMBER 2017— MIT’s Center for Biomedical Innovation … Read More
MIT NEWDIGS Design Lab advances work on curative treatment financing strategies
Industry leaders, patient advocates, policymakers collaborate to make groundbreaking new therapies economically sustainable CAMBRIDGE, MASSACHUSETTS—The MIT NEW Drug Development ParadIGmS (NEWDIGS) initiative, an international biomedical innovation “think and do tank” … Read More
Gigi Hirsch and Hans-Georg Eichler featured in MGH’s Proto Magazine
Phasing Out Phase 3 What if drugs were released to the public earlier, then graded on their performance in the real world? Read the article here: http://protomag.com/articles/phasing-out-phase-3
Next Wave Forum
December 12–13, 2017 at MIT Biomedical science is outpacing the system. Barriers prevent patients’ access to innovations. Are you ready to innovation how we innovate? The Next Wave in Adaptive Biomedical … Read More