Aris Angelis and Colleagues Evaluate the Institute for Clinical and Economic Review’s (ICER) 2020 Value Framework Update

Angelis et al. use using multiple criteria decision analysis and decision conferencing to evaluate ICER’s updated value framework. The authors start by exploring the theoretical basis of decision analysis and its relationship to multiple criteria decision analysis (MCDA) before providing evidence-based responses to ICER’s claims with respect to stakeholder engagement and MCDA methods. Angelis et al. assert that ICER is on the right course, but more focus should be placed on the joint use of quantitative decision analysis and decision conferencing for the construction of value preferences via group processes. Access the full report here.

(Source: ICER Value Framework 2020 Update: Recommendations on the Aggregation of Benefits and Contextual Considerations, Angelis, Aris et al. Value in Health, Volume 23, Issue 8, 1040 – 1048)