Validity and Reliability of Value Assessment Frameworks for New Cancer Drugs

Tanya G K Bentley1, Joshua T Cohen2, Elena B Elkin3

  • 1Partnership for Health Analytic Research, LLC, Beverly Hills, CA, USA.

Abstract

Insights

Four oncology drug value assessment frameworks showed similar drug rankings, indicating convergent validity. Refinements are recommended for these tools to improve value-based treatment decisions.

Area of Science:

  • Health economics and outcomes research
  • Oncology
  • Health policy

Background:

  • Multiple organizations have developed frameworks for systematic drug value assessment.
  • Key organizations include the American Society of Clinical Oncology (ASCO), European Society for Medical Oncology (ESMO), Institute for Clinical and Economic Review (ICER), and National Comprehensive Cancer Network (NCCN).

Purpose of the Study:

  • To evaluate the extent to which four major oncology drug value assessment frameworks facilitate value-based treatment decisions.
  • To compare the convergent validity and inter-rater reliability of these frameworks.

Main Methods:

  • Eight panelists assessed five advanced lung cancer drugs using ASCO, ESMO, and ICER frameworks.
  • NCCN framework scores were abstracted from published data.
  • Kendall's W coefficient measured convergent validity; intraclass correlation coefficients measured inter-rater reliability.

Main Results:

  • All four frameworks demonstrated convergent validity, ranking drugs similarly (Kendall's W = 0.703, P = 0.006).
  • Pairwise comparisons showed high agreement between ESMO-ICER and ASCO-NCCN.
  • Inter-rater reliability varied, with ASCO and ESMO showing higher scores than ICER.

Conclusions:

  • The ASCO, ESMO, ICER, and NCCN frameworks exhibit convergent validity for drug value assessment in oncology.
  • While ASCO demonstrated high inter-rater reliability, ICER's was poor, potentially due to its scoring granularity.
  • Ongoing refinement of these frameworks based on further testing and stakeholder input is crucial.

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