{"id":30334,"date":"2023-10-03T13:07:16","date_gmt":"2023-10-03T17:07:16","guid":{"rendered":"https:\/\/avalere.com\/?p=30334"},"modified":"2023-11-16T20:49:43","modified_gmt":"2023-11-17T01:49:43","slug":"third-party-to-assess-value-of-digital-health-technology","status":"publish","type":"post","link":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology","title":{"rendered":"Third Party to Assess Value of Digital Health Technology"},"content":{"rendered":"
[vc_row][vc_column][vc_column_text]\n

On July 18, 2023, the Peterson Center on Healthcare issued a press release<\/a> announcing the launch of the Peterson Health Technology Institute (PHTI)\u2014with a $50 million funding commitment. The PHTI is a non-profit that intends to conduct evidence-based assessments<\/a> of digital health solutions, including their clinical benefits, economic impact, and effects on health equity, privacy, and security.<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”30335″][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]To develop digital health technology (DHT) assessments, PHTI has partnered with the Institute for Clinical and Economic Review (ICER). ICER was founded in 2006<\/a> and has been evaluating drugs, devices, and diagnostics as part of its Emerging Therapy Assessment and Pricing Program since 2015. Partnered with ICER, PHTI is focused on DHTs. The initial ICER-PHTI Assessment Framework for Digital Health Technologies<\/a> was released in September 2023.<\/p>\n

Assessing the Value and Paving Reimbursement Pathways for DHTs<\/h2>\n

Similar to ICER\u2019s value assessments, PHTI\u2019s reviews will analyze data and evidence about the clinical performance of DHTs to help determine the associated clinical benefit in alignment with their economic value. As Avalere previously reported, stakeholders expect digital therapeutics<\/a> to increase the value of medicinal assets, drive differentiation, and improve patient outcomes. DHT manufacturers may be able to use value assessments when engaging with the Centers for Medicare & Medicaid Services (CMS) and other payers regarding coverage and reimbursement pathways for their products. In June 2023, for example, CMS proposed a procedural notice outlining a new Medicare coverage pathway called Transitional Coverage for Emerging Technologies<\/a>, which “encourages evidence development if evidence gaps exist.” As DHT solutions open new clinical care delivery and management approaches (e.g., remote physiological monitoring<\/a>), real-world data generated by DHTs may enable payers to explore value-based or alternative payment models that often rely on extensive evidence requirements.<\/p>\n

Assessing the Value and Paving Reimbursement Pathways for AI and ML in DHT Solutions<\/h2>\n

The initial ICER\u2013PHTI DHT value framework addresses how \u201cthe use of artificial intelligence (AI) and machine learning (ML) in DHT software presents a unique assessment challenge\u201d that relates to the validation of outcomes outside the trained data set and implications for understanding predictive accuracy as a third party. Future versions of the framework “will more specifically address how to assess unique aspects of AI within DHTs.”<\/p>\n

Researchers are also evaluating who will pay for AI<\/a>. The researchers are optimistic about the potential for AI solutions alongside value-based payment, noting, “as payment systems evolve toward more mature value-based payment models where measuring improvement in quality becomes increasingly important at decreased costs, AI becomes a valuable tool for health care systems.”<\/p>\n

Avalere\u2019s Outlook<\/h2>\n

There is no “right” approach to conducting value assessments for DHTs, but an effective approach should account for multiple measures of value. The more measures assessed, the more evidence is generated to support valid and reliable inferences about the value of DHTs. Avalere is available to help DHT and AI developers demonstrate the value of their products through effective evidence generation, navigate third-party value assessment preparation and response, and explore pathways to coverage, reimbursement, and broader access. To learn how Avalere can help, connect with us<\/a>.[\/vc_column_text][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][vc_column_text] On July 18, 2023, the Peterson Center on Healthcare issued a press release announcing the launch of the Peterson Health Technology Institute (PHTI)\u2014with a $50 million funding commitment. The PHTI is a non-profit that intends to conduct evidence-based assessments of digital health solutions, including their clinical benefits, economic impact, and effects on health equity,…<\/p>\n","protected":false},"author":1,"featured_media":29146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"content-categories":[996],"class_list":["post-30334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","content-categories-digital-health","entry","has-media"],"acf":[],"yoast_head":"\nThird Party to Assess Value of Digital Health Technology | Avalere Health Advisory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Third Party to Assess Value of Digital Health Technology | Avalere Health Advisory\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text] On July 18, 2023, the Peterson Center on Healthcare issued a press release announcing the launch of the Peterson Health Technology Institute (PHTI)\u2014with a $50 million funding commitment. The PHTI is a non-profit that intends to conduct evidence-based assessments of digital health solutions, including their clinical benefits, economic impact, and effects on health equity,…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology\" \/>\n<meta property=\"og:site_name\" content=\"Avalere Health Advisory\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-03T17:07:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-17T01:49:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2023\/05\/18698-1-Taylor-Schwartz.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"avalere_wp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@avalerehealth\" \/>\n<meta name=\"twitter:site\" content=\"@avalerehealth\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"avalere_wp\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Third Party to Assess Value of Digital Health Technology | Avalere Health Advisory","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology","og_locale":"en_US","og_type":"article","og_title":"Third Party to Assess Value of Digital Health Technology | Avalere Health Advisory","og_description":"[vc_row][vc_column][vc_column_text] On July 18, 2023, the Peterson Center on Healthcare issued a press release announcing the launch of the Peterson Health Technology Institute (PHTI)\u2014with a $50 million funding commitment. The PHTI is a non-profit that intends to conduct evidence-based assessments of digital health solutions, including their clinical benefits, economic impact, and effects on health equity,…","og_url":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology","og_site_name":"Avalere Health Advisory","article_published_time":"2023-10-03T17:07:16+00:00","article_modified_time":"2023-11-17T01:49:43+00:00","og_image":[{"width":600,"height":400,"url":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2023\/05\/18698-1-Taylor-Schwartz.png","type":"image\/png"}],"author":"avalere_wp","twitter_card":"summary_large_image","twitter_creator":"@avalerehealth","twitter_site":"@avalerehealth","twitter_misc":{"Written by":"avalere_wp","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#article","isPartOf":{"@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology"},"author":{"name":"avalere_wp","@id":"https:\/\/advisory.avalerehealth.com\/#\/schema\/person\/6cea6678c016753ac38b9aad6cff71aa"},"headline":"Third Party to Assess Value of Digital Health Technology","datePublished":"2023-10-03T17:07:16+00:00","dateModified":"2023-11-17T01:49:43+00:00","mainEntityOfPage":{"@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology"},"wordCount":551,"commentCount":0,"publisher":{"@id":"https:\/\/advisory.avalerehealth.com\/#organization"},"image":{"@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#primaryimage"},"thumbnailUrl":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2023\/05\/18698-1-Taylor-Schwartz.png","articleSection":["Insights & Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#respond"]}]},{"@type":"WebPage","@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology","url":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology","name":"Third Party to Assess Value of Digital Health Technology | Avalere Health Advisory","isPartOf":{"@id":"https:\/\/advisory.avalerehealth.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#primaryimage"},"image":{"@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#primaryimage"},"thumbnailUrl":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2023\/05\/18698-1-Taylor-Schwartz.png","datePublished":"2023-10-03T17:07:16+00:00","dateModified":"2023-11-17T01:49:43+00:00","breadcrumb":{"@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#primaryimage","url":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2023\/05\/18698-1-Taylor-Schwartz.png","contentUrl":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2023\/05\/18698-1-Taylor-Schwartz.png","width":600,"height":400,"caption":"Taylor Schwartz"},{"@type":"BreadcrumbList","@id":"https:\/\/advisory.avalerehealth.com\/insights\/third-party-to-assess-value-of-digital-health-technology#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/advisory.avalerehealth.com\/"},{"@type":"ListItem","position":2,"name":"Third Party to Assess Value of Digital Health Technology"}]},{"@type":"WebSite","@id":"https:\/\/advisory.avalerehealth.com\/#website","url":"https:\/\/advisory.avalerehealth.com\/","name":"Avalere Health Advisory","description":"","publisher":{"@id":"https:\/\/advisory.avalerehealth.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/advisory.avalerehealth.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/advisory.avalerehealth.com\/#organization","name":"Avalere Health","url":"https:\/\/advisory.avalerehealth.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/advisory.avalerehealth.com\/#\/schema\/logo\/image\/","url":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2025\/03\/avalere-health-logo-cropped-white_1x.webp","contentUrl":"https:\/\/advisory.avalerehealth.com\/wp-content\/uploads\/2025\/03\/avalere-health-logo-cropped-white_1x.webp","width":433,"height":47,"caption":"Avalere Health"},"image":{"@id":"https:\/\/advisory.avalerehealth.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/avalerehealth"]},{"@type":"Person","@id":"https:\/\/advisory.avalerehealth.com\/#\/schema\/person\/6cea6678c016753ac38b9aad6cff71aa","name":"avalere_wp","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/advisory.avalerehealth.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b39b7367e9be99e141408d09d07b8853?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b39b7367e9be99e141408d09d07b8853?s=96&d=mm&r=g","caption":"avalere_wp"},"url":"https:\/\/advisory.avalerehealth.com\/author\/avalere_wp"}]}},"_links":{"self":[{"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/posts\/30334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/comments?post=30334"}],"version-history":[{"count":3,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/posts\/30334\/revisions"}],"predecessor-version":[{"id":30799,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/posts\/30334\/revisions\/30799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/media\/29146"}],"wp:attachment":[{"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/media?parent=30334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/categories?post=30334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/tags?post=30334"},{"taxonomy":"content-categories","embeddable":true,"href":"https:\/\/advisory.avalerehealth.com\/wp-json\/wp\/v2\/content-categories?post=30334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}