Washington, DC, April 14, 2017 – The Health Care Cost Institute (HCCI) today announced the launch of its Health Economics Research Scholars Program and its first sponsor – Pfizer Inc. The program, which allows HCCI to expand its research activities, is designed to accelerate HCCI’s independent research agenda and will focus on four key areas: the cost and utilization drivers of health care in the United States, care delivery, the cost of care, and market regulation and reform.
Cardiovascular and cancer drugs will be the inaugural Research Scholar’s primary area of focus. The scholar will work to evaluate the cost of medicines in context to other healthcare services for both heart disease and cancer.
According to HCCI’s Executive Director, Dr. David Newman, “The new Scholars Program will allow HCCI to expand its many research activities to include examining the price of medicines, what patients pay for drugs, what is paid for drugs relative to other medical costs, and medicines in the context of the total cost of care.”
Justin McCarthy, Senior Vice President for Global Policy & International Public Affairs, Pfizer added, “The new research is very timely as both private and public payers are intensifying their efforts to derive more value from their health care investments, and as the public policy and health economics communities work to improve overall health care system efficiency.”
In anticipation of this announcement, HCCI has been recruiting researchers for this new opportunity and welcomes inquiries from others seeking either a post-doctoral position or sabbatical year at the Institute’s offices in Washington, DC.
“We hope this new program will encourage other sponsors in additional therapeutic areas and allow us to expand this important work across disease states,” Newman concluded.
About the Health Care Cost Institute:
The Health Care Cost Institute was launched in 2011 to promote independent, nonpartisan research and analysis on the causes of the rise in U.S. health spending. HCCI holds one of the largest databases for the commercially insured population and in 2014, became the first national Qualified Entity (QE) entitled to hold Medicare data. HCCI’s consumer-focused website guroo.com was launched in 2015 and provides national, state and local price information for nearly 300 health services. For more information, visit www.healthcostinstitute.org or follow us on Twitter @healthcostinst.