Value Assessment Framework

A Value Assessment Framework is a structured process used to evaluate the true benefits and costs of a healthcare intervention, such as a new treatment or drug. It considers factors like clinical effectiveness, safety, quality of life improvements, and economic impact. The goal is to provide an objective analysis that helps decision-makers, insurers, and healthcare providers determine whether a treatment offers good value for its cost. This framework supports transparent, evidence-based decisions aimed at optimizing health outcomes while managing resources efficiently.