The Patrick and Catherine Weldon Donaghue Medical Research Foundation has issued a Request for Proposals for its 2017 Greater Value Portfolio grant program.
Through the program, the foundation will award three-, four-, and five-year grants of up to $600,000 for projects with an innovative approach to achieving a higher-value healthcare system. The goal of the program is to test new approaches and tools that organizations can readily use to improve the value of the health care they provide to their patients and communities.
Eligible topics include strategies 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) outweigh potential benefits; efforts to provide consumers with the tools to make decisions about their health care that are based on value in addition to other patient-centered factors; strategies that encourage providers and their patients with serious illnesses to engage in difficult conversations about preferences and trade-offs related to alternative treatment options; efforts to identify, highlight, and resolve structural disincentives to greater value or inefficiencies within systems or across healthcare settings; the creation of 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); and worthy, inexpensive clinical interventions that are currently underused.
The program is open to investigators at tax-exempt organizations in the United States.
Letters of Intent must be received no later than May 1, 2017. Upon review, selected applicants will be invited to submit a full application by July 31, 2017.