The ASSESS Project
An online early health technology assessment ecosystem.
The ASSESS Project, created by Birota Economics Group, has been established to re-think how life sciences technology innovators and academic technology transfer offices are supported with early value assessment. The ASSESS Project connects those with expertise in health technology assessment (HTA) and health economic modelling with those that require insights from these disciplines to maximize technology commercial opportunity.
Health technology assessment (HTA) is often completed to support reimbursement and adoption decision-making, thus relatively late in the R&D cycle. HTAs are completed by trained professionals who advise payers on technology purchase. They provide a comprehensive evaluation of the available evidence of clinical effectiveness, cost-effectiveness, and the ethical, legal, and social implications of health technologies on patient health and the health care system. The ASSESS project facilitates early health technology assessment (eHTA), to provide key insights at a time when there is opportunity for innovators to make decisions that support them to focus R&D, commercialization and evidence generation efforts on those that have the highest value from the perspective of the payer and end user.
The ASSESS Project facilitates early health economic modelling, to provide key insights on the potential for a technology to be attractive to payers, the value-based price of technology, how effective technology will need to be in order to achieve a desired price, and the relationship between different budget holders in terms of costs and benefits from use of new technology. Health economic modelling is a quantitative exercise to compare the current standard of care with a potential new standard of care that considers use of the technology in development.
The ASSESS Project is a global initiative, supporting innovators, technology transfer offices and working with experts from most major markets. The project utilizes a secure software platform (https://assessplatform.com) to connect innovators and technology transfer professionals to experts in HTA and health economic modelling.
The BHAG of The ASSESS Project is that the life sciences ecosystem devotes its energy, expertise and investment to 'Easy Yes’ Innovation (EYI) - high-value products that have the evidence for improving patient outcomes and system efficiency that make them attractive investments for payers. This will improve health through promoting investment in the right technologies and the right evidence development, at the right time, to ensure timely patient access.
Overview of The ASSESS Project
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“Alone we can do so little, together we can do so much.”
— Helen Keller
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