Post by ProductLife Group
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๐ฆ๐๐ฟ๐ผ๐ป๐ด ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ฐ๐ฒ ๐ฑ๐ผ๐ฒ๐ ๐ป๐ผ๐ ๐ฎ๐น๐๐ฎ๐๐ ๐น๐ฒ๐ฎ๐ฑ ๐๐ผ ๐๐๐ฟ๐ผ๐ป๐ด ๐ฑ๐ฒ๐ฐ๐ถ๐๐ถ๐ผ๐ป๐. ย In many cases, the issue is not a lack of robust data. It is the inability to translate that data into a form that resonates with the people responsible for acting on it. Clinical leaders, healthcare managers and policymakers interpret value through fundamentally different lenses, each shaped by distinct priorities and constraints and the same evidence can be read very differently depending on governance structures and decision-making dynamics. In a new article Hรฉctor D. de Paz Fernรกndez, PhD, from Outcomes'10, a ProductLife Group ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐, explores how Social Return on Investment (SROI) can serve as a translation framework for this exact problem. Rather than treating clinical, economic and social impact as separate analyses that risk generating conflicting interpretations, SROI integrates them into a single, coherent narrative built around one deliberately simple output: a ratio that expresses the value generated for each unit of investment.ย ย What makes the framework genuinely useful is not the metric itself but what it enables. The same analysis can speak to a clinician in terms of patient outcomes, to a healthcare manager in terms of resource efficiency and to a policymaker in terms of societal impact, without losing coherence across those perspectives. In environments where governance is decentralised and decision-making dynamics vary by setting, as is often the case in Spain, that kind of consistency is not a nice-to-have. It is what allows well-supported interventions to actually gain traction.ย ย ๐ Read the full article: https://lnkd.in/gbgX53wf ๐ฉ Contact our experts to discuss your value demonstration and market access strategy: https://lnkd.in/eZaf8mQE ย #ProductLifeGroup #Outcomes10 #MarketAccess #HealthEconomics #SROI #ValueBasedHealthcare #HTA #LifeSciences #Spain