Taking Health Economics and Outcomes Research Forward: Expanding the Definition of Value to Include Whole Health
ISPOR’s Strategic Plan 2030 includes a new vision for healthcare decision making. The new vision conceptualizes health as a multifaceted construct that transcends the physical dimension of health to include economic, social, and spiritual dimensions. A multifaceted view of health is not new. For several decades, notions of a holistic approach to health have been proposed including salutogenesis,1 patient-centered care, person-centered care, integrated care, and population health. Notably, in 1984, the World Health Organization revisited and updated its definition of health, shifting it from a desirable state of being to a dynamic set of resources for living well—”the extent to which an individual or group is able to realize aspirations and satisfy needs to change or cope with the environment… health is a resource for everyday life, not the objective”—that emphasized the social and personal resources, as well as physical capabilities that are a part of health.2
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