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SUNDAY | <strong>PROGRAM</strong> DETAILS | SUNDAY, MARCH 6, 2016<br />

How to Accelerate Basic Discoveries to<br />

Patient Benefit<br />

Coronado L<br />

ORGANIZERS: Jeffrey C. Lotz, PhD, University of California at<br />

San Francisco; Vijay K. Goel, PhD, University of Toledo<br />

There is an implicit expectation that advancements in biomedical<br />

research will lengthen and improve the quality of life. This<br />

premise underlies investments in basic research that continue<br />

to yield important advances. However, the clinical translation<br />

of new discoveries is often impeded by a number of transdisciplinary<br />

obstacles. On the academic side, traditional funding<br />

and promotion mechanisms encourage scientists to continually<br />

push the frontiers of basic science, rather than refine existing<br />

concepts along a translational track. From a clinical perspective,<br />

many new technologies are not sufficiently aligned with specific<br />

clinical indications, and lack validation in appropriate pre-clinical<br />

models. Also, academic scientists and clinicians often lack<br />

expertise and the clear roadmap necessary to bring medical<br />

products to market. On the industry side, product development<br />

and clinical trials represent a significant financial burden,<br />

requiring that products not only be therapeutically effective<br />

but also commercially successful. This necessitates addressing<br />

specific unmet needs with high potential for regulatory approval,<br />

clinical adoption, and payer reimbursement. Taken together,<br />

these factors limit the opportunities for patients to experience the<br />

life-enhancing benefits of many basic discoveries that are never<br />

developed into products that can be brought to market.<br />

This workshop will discuss the opportunities and roadblocks<br />

associated with translating basic discoveries to clinical benefit.<br />

Presentations will be followed by a panel discussion with<br />

audience participation.<br />

AAOS Research Priorities<br />

Tamara Alliston, PhD, University of California San Francisco<br />

Measuring Value in the Management of<br />

Musculoskeletal Disorders<br />

Sigurd Berven, University of California San Francisco<br />

Industry Perspective on New Technology Selection<br />

and Investment<br />

Hassan Serhan, Depuy Synthes Spine<br />

NIH Initiatives to Accelerate Discoveries to<br />

Clinical Trials<br />

Joan McGowan, PhD, NIAMS/NIH, DHHS-Musco Diseases Branch<br />

PROFESSIONAL ADVANCEMENT SESSION:<br />

Healthcare Economics in Orthopaedics—<br />

What You Need to Know*<br />

Coronado K<br />

Organized by the ORS Industry Engagement Committee<br />

ORGANIZERS: Michael Ominsky, PhD, Amgen, Inc.;<br />

Sally LiArno, PhD, Stryker Orthopaedics<br />

The development of any new orthopaedic implant or therapeutic<br />

is dependent on eventual reimbursement to the company for<br />

its use. Therefore understanding at an early stage the scope of<br />

the unmet medical need that the product is targeting and its<br />

potential value to patients, physicians, and insurance/payers is<br />

critical. Similarly, the economic impacts of disease drive both<br />

basic and translational research in academic settings and are an<br />

important component of grant funding. Despite its importance,<br />

orthopaedic researchers and physicians are rarely exposed to the<br />

ways in which healthcare economics are examined and applied<br />

to develop new products or drive new areas of research. The goal<br />

of this workshop is to educate the audience on what healthcare<br />

economics means within orthopaedics, and provide examples of<br />

how it is applied to stimulate new areas of research.<br />

The Burden of Musculoskeletal Disease and the Change<br />

in Reimbursement from Volume to Value<br />

Stuart Weinstein, MD, University of Iowa Medical Center<br />

Data Overload: Resources for Evaluating Utilization,<br />

Outcomes, and Costs<br />

Kevin Ong, Exponent, Inc.<br />

Value Based Healthcare from Theory to Practice<br />

Bipin Mistry, MD, MBA, Harvard Business School<br />

*This session does not qualify for CME credit<br />

SUNDAY<br />

35

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