FasterCures

The newest Milken Institute Health newsletter is available. Get updates on Milken Institute Health's programs, links to our latest reports and policy comment letters, and a summary of recent external speaking engagements and other thought leadership activities. Read the newsletter here: https://lnkd.in/eP9G72kG

In 2022, FasterCures published a report titled "The Current Landscape of the Science of Patient Input", which examined the progress of patient engagement (PE) in biomedical research and identified ways to overcome ongoing challenges. Building on this, we have applied the report’s insights and recommendations to the context of medical device, diagnostic, and digital health (known collectively as “medtech”) product development. While patient engagement has grown in pharmaceutical R&D, it still lags across the medical device product life cycle despite the opportunities that exist. In our latest report, "Defining and Demonstrating the Value of Patient Engagement in Medtech Research and Product Development," we explore the obstacles, opportunities, and recommendations to drive more effective patient engagement in medtech. Recommendations include: 1. Crafting a framework to define and demonstrate the value and impact of patient engagement for the diverse range of medtech product developers more clearly. 2. Developing a patient engagement toolkit for medtech companies that curates existing tools and resources, and creates new ones to fill identified gaps. 3. Adapting resources created for drug development and human-centered design contexts. 4. Building the capacity of the medtech ecosystem to support more PE. 5. Requesting that regulators and payers provide more clarity and examples of the impact of patient engagement on their decision-making. 6. Addressing legal and compliance challenges. 7. Identifying and addressing misalignments in requirements and processes. Read the full report here: https://lnkd.in/dqf-9VHk #medtech #patientengagement

The Milken Institute’s #PowerofIdeas series explores how strategic partnerships can improve health outcomes for everyone. In this essay, Kristen Dahlgren, CEO and Co-Founder of the Cancer Vaccine Coalition, highlights the urgent need to break down research silos and cultivate collaboration to drive the development of groundbreaking therapies. Read the full Power of Ideas essay here: https://lnkd.in/eAkD9sHd #MIHealthSummitt

Milken Institute’s 2024 Future of Health Summit is weeks away. This year our expert speakers will focus on how cross-sector partnerships can lead to better health outcomes for all. To learn more about #MIHealthSummit, and view the program and confirmed speakers, visit : https://lnkd.in/gfhwAC9A

The Milken Institute’s #PowerofIdeas series examines how the right partnerships can improve health outcomes for all. In this essay, James W. Hutchison, President and CEO of Delta Dental Plans Association, describes how partnerships are critical to bridging care gaps, enhancing the health-care workforce, and addressing communities' diverse needs. Read the full Power of Ideas essay here: https://lnkd.in/eg7z5hrE #MIHealthSummitt

Join FasterCures' Research Acceleration and Innovation Network (TRAIN) and participate in mentorship programs designed for emerging leaders of nonprofit organizations that fund or conduct biomedical research. Learn from industry experts, share your experiences, and grow your impact in the biomedical R&D space.    Whether you're looking to give back or learn from the best, TRAIN’s mentorship programs offer invaluable guidance and support. Current mentors say they often learn as much from their mentees as their mentees learn from them.     Join TRAIN for free today to take advantage of these programs:  https://lnkd.in/ez-AUBY6 

Our new "What Kills Americans: Growth of Metabolic Contributors" report tracks growth in contributing factors to mortality in the US where prevalence and mortality rates fail to capture whether a disease is becoming more dangerous without necessarily becoming more directly deadly. Download the report here: https://lnkd.in/d4h_uv29

The Milken Institute’s #PowerofIdeas series examines how the right partnerships can improve health outcomes for all. In this essay, Karen Knudsen MBA PhD, CEO of the American Cancer Society, describes how partnerships are critical to expanding access to cancer care, reducing financial burdens on patients, and advocating for policy changes that benefit all. Read the full Power of Ideas essay here: https://lnkd.in/ewQDbpyW #MIHealthSummit

In FasterCures’ new report, Defining and Demonstrating the Value of Patient Engagement in Medtech Research and Product Development, we take insights from our 2022 report on patient engagement (PE) in biomedical research and examine their relevance in the medtech sector.    While PE has grown steadily in pharmaceutical R&D, PE in medtech has lagged behind due to unique barriers. Our latest report explores:  ⚫ Why PE in medtech has been slower to develop  ⚫ The key obstacles to PE in medtech R&D  ⚫ The significant benefits and ways to quantify the value of engaging patients  ⚫ Opportunities to drive more effective PE in medtech  ⚫ Actionable recommendations for improving PE utilization in medtech R&D    Read the full report here: https://lnkd.in/ed-QKmYq