Newswise — Washington, DC—May 25, 2016—The International Society for Pharmacoeconomics and Outcomes Research (ISPOR) 21st Annual International Meeting Issue Panel 20—What Is the Value of Frameworks to Patients? The Case in Oncology—was held this morning in Washington, DC, USA.

The moderator for the session was Josh Seidman, PhD, Senior Vice President, Avalere Health, Washington, DC, USA. Panelists included: - Rob Hauser, PhD, PharmD, Vice President, Cancer Treatment Centers of America, Boca Raton, FL, USA- Eric Kruep, MS, PharmD, Outcomes Research Liaison, Novartis Pharmaceuticals, East Hanover, NJ, USA- Frederick May, MD, Medical Director, Educators Mutual Insurance, Indianapolis, IN, USA

This Issue Panel explored the topic of value assessment frameworks and how these frameworks could foster shared decision making between care teams and patients. However, the panel stressed that in order to maximize utility, the frameworks need to provide the appropriate information that is meaningful to patients in making those decisions. Several tools have been made available over the past year that assess the clinical and economic impact of oncology drugs, including the American Society of Clinical Oncology and National Comprehensive Cancer Network assessment frameworks and Memorial Sloan-Kettering Cancer Center’s online assessment tool. The panel shared their early impressions of these tools, described the role these types of tools can play in shared decision making at the point of cancer care, addressed patient perspectives on value, and reviewed what evidence is needed to address gaps for provider and patient needs.

Presentations and slide decks from the ISPOR 21st Annual International meeting can be found here. Interested parties can follow news and developments from the meeting on social media using the hashtag #ISPORDC.

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ABOUT ISPORThe International Society for Pharmacoeconomics and Outcomes Research (ISPOR) is a nonprofit, international, educational and scientific organization that promotes health economics and outcomes research excellence to improve decision making for health globally. Web: www.ISPOR.org | LinkedIn: www.bit.ly/ISPOR-IN | Twitter: www.bit.ly/ISPOR-T (@ISPORorg) | YouTube: www.bit.ly/ISPOR-YT |Facebook: www.bit.ly/ISPOR-FB

Meeting Link: ISPOR 21st Annual International Meeting