Expanding traditional value frameworks to include inequality and factors that contribute to this is the first step to addressing disparities in health outcomes. Utilizing multi-criteria decision analysis and distributional cost effect analysis can assist in deriving data and subsequently acting on these issues, said Jason Shafrin, vice president of Health Economics at PRECISIONheor, and Meena Venkatachalam, senior director of Health Economics at PRECISIONheor.
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