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Glossary

Value Proposition

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The value proposition is composed of a common understanding of patient flow to identify where value is being lost, where new value can be created and how the company can best capture that value. This understanding needs to be established early in the product’s development, optimally during phase II. 2. Create value for all stakeholders by understanding needs.

Other glossary definitions

P

Patient Reported Outcome (PRO)

A measurement based on a report that comes directly from the patient (i.e., study subject)…

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E

Effectiveness

The achievement of desired results under the usual circumstances of health care practice.

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