PRESS RELEASE: IVI Releases 2023 Annual Report

Alexandria, VA – June 26, 2024The Innovation and Value Initiative (IVI), a non-profit research organization committed to advancing the science, practice, and use of health technology assessment (HTA) in healthcare, today announced the release of its 2023 Annual Report.

The 2023 Annual Report highlights IVI’s key milestones and significant accomplishments across all aspects of the organization. IVI maintained a solid financial performance in 2023, enabling them to increase investments in research, convenings, operations, and outreach. In addition to adding two new staff members, IVI also continued to progress equity within HTA through the following projects and initiatives:

  1. Economic Impacts Project: In collaboration with AcademyHealth and over 160 stakeholders, IVI completed Phase I, developing a framework to understand the economic impacts on patients, caregivers, and families.
  2. Health Equity Initiative: Concluding a two-year effort with over 245 stakeholders, this initiative produced two reports on prioritizing equity in HTA and and promoting representation and diversity.
  3. Valuing Innovation Project: IVI launched their first call for papers, awarding cash prizes to the top three papers on innovation in HTA. Winning entries will undergo peer review for publication in 2024.
  4. Rare Disease Initiative: A year-long effort with a 15-person steering committee and three roundtable discussions led to a final report on February 24, recommending patient-centered outcomes for rare disease research.
  5. Major Depressive Disorder Value Model: IVI released an open-source economic model for major deprresive disorder treatments, developed with extensive stakeholder input to ensure its relevance and credibility.


“I am incredibly excited for the future of IVI,” says Jason Spangler, MD, MPH, FACPM, IVI’s Chief Executive Officer. “Our talented team is dedicated to transforming HTA through decisive action,  innovative approaches, and meaningful collaboration, ensuring that we advance equity, patient-centricity, and transparency in healthcare.”

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About IVI
The Innovation and Value Initiative (IVI) is a 501(c)(3) tax-exempt, non-profit research organization dedicated to advancing the science and improving the practice of health technology assessment through development of novel methods and the creation and application of enhanced health technology assessment models to support local decision-making needs in healthcare.

Contact
Smita Sanwardeker
Phone: (267) 909-7661
E-Mail: smita.sanwardeker@thevalueinitiative.org