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The PhRMA Foundation’s Value Assessment Initiative promotes the development of advanced value-assessment so decision makers have better tools to assess high- and low-value care in the U.S. health system. The initiative funds new research and innovative efforts to assess the value of medicines and health care services, improve patient outcomes and reduce inefficiency.

Program OverviewCenters of ExcellenceAwards and FundingLatest NewsVoices in Value Blog

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As as part of its overall Value Assessment Initiative, the Foundation has funded four Centers of Excellence in Value Assessment. The centers promote research, innovation, and the development of tools and partnerships that advance value-driven decision making and patient-centered care models. Each Center receives a three-year grant for $500,000.

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Working to reduce low-value care, improve quality, and generate cost savings.

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Leveraging Multi-Criteria Decision Analysis to inform value-based decision making.

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Measuring novel elements of value to reach beyond traditional value assessments.

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With a wide range of Pre- and Post-Doctoral Fellowships and Research Starter Grants, the Foundation offers a myriad of opportunities to advance your career. Learn more about the awards.

Value Assessment AwardsPre Doctoral Fellowships Post Doctoral Fellowships Research Starter Grants

Kin Fai Au, PhD University of Iowa 2016 Research Starter Grant in Informatics

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Gary O. Rankin, PhD, is currently Professor and Chair of the Department of Biomedical Sciences at the Joan C. Edwards School of Medicine at Marshall University. Dr. Rankin received his PhD in Medicinal Chemistry and completed postdoctoral training in Pharmacology at the Medical College of Ohio (Toledo, OH). Dr. Rankin, who received a Research Starter Grant from the Foundation in 1979, has had a distinguished career as a scientist, with his research focused primarily on the bioactivation of chemicals (drugs, agricultural agents, industrial intermediates) to metabolites that are toxic to the kidney.

Gary O. Rankin, PhD

Professor and Chair of the Department of Biomedical Sciences, Joan C. Edwards School of Medicine at Marshall University

1979 PhRMA Foundation Research Starter Grant in Toxicology

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Utilize our site for updates and announcements or follow PhRMA Foundation on twitter @PhRMAFoundation

Watch New Value-Assessment Videos Online!

The PhRMA Foundation has posted several videos featuring interviews with leaders at our four Value Assessment Centers of Excellence. Learn about the progress that is being made as we seek to create better ways to measure value in health care and listen to the voices of patients.

Watch the videos.

Help Support the PhRMA Foundation — Using AmazonSmiles

If you are an Amazon shopper, you can help support the Foundation throughout the year using AmazonSmiles. Amazon will donate .5% of eligible purchases to the PhRMA Foundation when you select us as your favorite charity. Details of how to link to your phone app can be found here. The PhRMA Foundation is a 501c3 organization and your donation is 100% tax deductible. Your support will assist with the growth of our programs.

Connect with AmazonSmiles here.

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Over the last year, the PhRMA Foundation has continued to provide millions in funding to the nation’s leading young researchers, while supporting important new other research in areas such as Value Assessment in health care. See a complete list of our latest award recipients here.

Benefactors

The PhRMA Foundation owes its success to the pharmaceutical companies that have provided their generous support over the past 50 years. Click their logos to learn more about them.

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