Greater Value Portfolio

Greater Value Portfolio Grant ProgramGVP- CURRENTLY CLOSED

The Greater Value Portfolio grant program funds research projects for three, four or five years with a maximum amount of $600,000 per award for the purpose of creating new approaches to achieving a higher value healthcare system. The goal of this program is to test new approaches and tools that organizations can readily use to improve the value of the healthcare they provide to their patients and communities.

We believe value in health care is achieved with uniformly high quality outcomes and favorable patient experience for the money we spend. Symptoms of poor healthcare value are high and rising healthcare costs, unwarranted variation in prices, unacceptable variation in quality, and a lack of transparency in both price and outcomes. Investigators conducting research that expect to develop actionable solutions to one or more of these symptoms of low value healthcare are encouraged to apply to the Greater Value Portfolio program. For 2017, eligible topics include research concerning the following strategies:

  • Efforts that significantly increase the value of traditionally high-cost procedures through mechanisms such as medical tourism or specialty treatment centers
  • Methods or approaches that reduce routine treatments, tests, and screenings for patients for whom the potential harms (including financial harm) outweigh potential benefits
  • Provide consumers with the tools to make decisions about their healthcare that are based on value in addition to other patient-centered factors
  • Encourage providers and their patients with serious illnesses to engage in difficult conversations about preferences and trade-offs related to alternative treatment options
  • Identify, highlight and resolve structural disincentives to greater value or inefficiencies within systems or across healthcare settings
  • Create economic models that address current financial disincentives for systemic change (i.e., paying for current programs with future savings or paying for social determinants of health with the savings from lower clinical services)
    Worthy, inexpensive clinical interventions that are currently underused

 

Eligibility Criteria

This program is open to investigators at tax-exempt research institutions in the United States. In order to receive the award, the applicant must demonstrate how their research question is important to relevant stakeholders, how answers to their questions will lead to practical benefit in bringing greater value to health and healthcare, and propose a rigorous research design.

Topics that are not considered relevant to the purpose of the program are efficacy trials, comparative effectiveness research that does not include cost analysis, basic research, or research using animal models.

 

Timeline for Application Process

May 1, 2017 Letter of intent deadline
July 31, 2017 Applications due
November 2017 Funding decisions will be made
January 2018 Grant term begins

 

How To Apply

Greater Value Grant Announcement & LOI Instructions 2017
Greater Value LOI Form 2017
Greater Value Application Instructions 2017
Greater Value Application Forms 2017
Greater Value Frequently Asked Questions

 

Past Awardees



2016 – funded in partnership with the Rx Foundation

Scott Halpern, MD, PhD
University of Pennsylvania
“Behavioral Economics Approaches to Improve Palliative Care for Critically Ill Patients”

Sophia Jan, MD, MSHP
The Feinstein Institute for Medical Research
“Long Term Care Planning for Adults with Intellectual/Developmental Disabilities”

Ateev Mehrotra, MD, MPH
Harvard University
“Just Google It: What is the Impact of Health Care Price Information Being More Accessible to Consumers?”

David Meltzer, MD, PhD
University of Chicago
“Longitudinal Effects of the Comprehensive Care Physician Program”


2015

Jeffrey T. Kullgren, MD, MPH and Eve A. Kerr, MD, MPH
University of Michigan
“Patient, Provider, and Health System Effects of Provider Commitments to Choosing Wisely”

Valerie A. Lewis, PhD
Geisel School of Medicine at Dartmouth College
“Demonstrating Methods to Integrate Clinical Care, Public Health, and Social Services with Value-Based Payment Models”

Dale Ellen Lupu, PhD MPH
George Washington University
“Implementing Shared-Decision Making with Chronic Kidney Disease: Testing its impact on improved quality of life and reduced health care costs”