Using Cost-Effectiveness Research to Improve Value in the Medicare Program

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While Medicare and other health care spending continue to rise at a steady clip, there is mounting evidence that these ever-increasing expenditures are not producing better outcomes for patients. As a result, more attention is being paid to improving the effectiveness of the resources we use. This project will examine opportunities to improve the value obtained from Medicare spending. Drawing from the Medicare National Coverage Decisions Database and the Tufts Medical Center Cost Effectiveness Analysis registry, the investigators will: 1) identify “low-value” services (i.e., those whose cost is high relative to the outcomes they achieve) and services that could produce better outcomes more cost-effectively; and 2) develop estimates of the savings and improved outcomes that are possible from allocating Medicare resources more appropriately.

Grant Details

Grantee Organization:
Tufts Medical Center
Principal Investigator:
Peter Neumann, Sc.D.
Award Amount:
$244,902.00
Approval Date:
April 14, 2009

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