What You Should Know:
– The Peterson Center on Healthcare today launched the Peterson Health Technology Institute (PHTI), an independent non-profit that provides rigorous, evidence-based assessments of digital health technologies.
– Launched with a commitment of $50M, PHTI will analyze clinical benefits and economic impact, as well as the technologies’ effects on health equity, privacy, and security.
– PHTI will monitor the evolving pipeline of emerging digital health technologies to better inform the purchaser and investment community. PHTI will then collect and analyze comprehensive and relevant data and evidence about the clinical performance of health technologies. Through its evaluations, PHTI will identify and highlight the most promising new digital health innovations and also expose products that are not effectively delivering their stated benefits to patients and the system.
Why It Matters
Digital health technologies have vast potential to improve U.S. health system performance by revolutionizing delivery, advancing better outcomes, enhancing the patient experience, and promoting equity—all while lowering costs. Yet, today, patients, providers, payers, and investors have limited information about the efficacy and performance of the many digital health tools entering the sector. PHTI will fill this information gap with independent, publicly-available evaluations. The organization will establish an original assessment framework developed specifically for digital health tools, in partnership with the Institute for Clinical and Economic Review (ICER)—a recognized leader in health economics and outcomes research.