20 Years of Value in Health

Published May 20, 2019

Editors-in-Chief Discuss Themes in and Evolution of HEOR

New Orleans, LA, USA—May 20, 2019—ISPOR, the professional society for health economics and outcomes research (HEOR), examined the past 20 years of scientific publications in HEOR this afternoon at its ISPOR 2019 annual conference with the spotlight session issue panel [SP2], “Back to the Future in Value in Health.”

Panelists for this session all served as editors-in-chief of the flagship ISPOR publication, Value in Health,and included:

  • Moderator: Michael F. Drummond, MCom, DPhil; University of York, York, England, UK
  • C. Daniel Mullins, PhD; University of Maryland; Baltimore, MD, USA
  • Joel Hay, PhD; University of Southern California; Los Angeles, CA, USA
  • Josephine Mauskopf, PhD; RTI Health Solutions; Research Triangle Park, NC, USA

Drs Drummond and Mullins are the current editors-in-chief of Value in Health. Drs Hay and Mauskopf each held the post of editor-in-chief during the founding and early development years of the journal. Dr Drummond moderated the session and set the stage with an overview of the past 20 years. The panelists noted that 3 major themes have dominated the content of Value in Health over the last 20 years.

  1. The Notions of “Value” in Healthcare
    Dr Mullins noted that many papers have discussed the notion of “value” in health and healthcare, including the role of patient-reported outcomes, the construction and use of the quality-adjusted life-year, and the methods and application of the various preference-based measures.
  2. Decision-Analytic Modeling
    Dr Hay discussed how decision-analytic modeling has been the predominant methodology in the empirical studies published in the journal. Published papers have also debated alternative types of models, including whether particular models are fit for purpose in decision making and the need for more validation and transparency in modeling.
  3. HEOR in the Broader Context of Health Technology Assessment/Comparative Effectiveness Research
    Lastly, Dr Mauskopf outlined how a number of papers have explored the use of HEOR in the broader context of health technology assessment and comparative effectiveness research.

“As the current Editors-in-Chief, we are proud of what Value in Health has achieved over the past 20 years,” stated Editor-in-Chief Michael Drummond, PhD. “Our role in ensuring the continued success of the journal is to anticipate the changes we are likely to see in the field of HEOR as the environment for healthcare products and services changes in the future.”

ISPOR is recognized globally as the leading professional society for health economics and outcomes research and its role in improving healthcare decisions. ISPOR 2019 is the leading global HEOR conference and draws nearly 4000 healthcare thought leaders and stakeholders, including researchers and academicians, assessors and regulators, payers and policy makers, the life sciences industry, healthcare providers, and patient engagement organizations.

Additional information on the conference can be found at:
Conference Information | Program | Registration | Short Course Program | Sponsors | Exhibitors | Press



ISPOR, the professional society for health economics and outcomes research (HEOR), is an international, multistakeholder, nonprofit dedicated to advancing HEOR excellence to improve decision making for health globally. The Society is the leading source for scientific conferences, peer-reviewed and MEDLINE®-indexed publications, good practices guidance, education, collaboration, and tools/resources in the field.

Web: www.ispor.org | LinkedIn: www.linkedin.com/company/ispororg | Twitter: www.twitter.com/ispororg (@ISPORorg) | YouTube: www.youtube.com/ispororg | Facebook: www.facebook.com/ispororg | Instagram: www.instagram.com/ispororg


Value in Health (ISSN 1098-3015) is an international, indexed journal that publishes original research and health policy articles that advance the field of health economics and outcomes research to help healthcare leaders make evidence-based decisions. The journal’s 2017 impact factor score is 5.494. Value in Health is ranked 3rd among 94 journals in healthcare sciences and services, 3rd among 79 journals in health policy and services, and 6th among 353 journals in economics. Value in Health is a monthly publication that circulates to more than 10,000 readers around the world.

Web: www.ispor.org/valueinhealth | Twitter: www.twitter.com/isporjournals (@ISPORjournals)

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