What Did My PCORI Fees Buy?

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The Patient Centered Outcomes Research Institute (PCORI) has announced a plan to commit more than a billion dollars worth of research funds over the next two fiscal years. The PCORI Board of Governors has approved a proposed Fiscal Year 2014 budget that includes $182 million in expenditures and up to $528 million in research funding commitments. The funds will be used to advance efforts to:

  • Substantially increase the quantity, quality, and timeliness of useful, reliable evidence to improve healthcare decision making
  • Speed the implementation and use of findings from patient-centered outcomes research
  • Influence clinical and healthcare research funded by others to be more patient-centered

PCORI is an independent, non-profit organization created by the passage of the Affordable Care Act in 2010. Its mission is to fund research that will provide patients, their caregivers and clinicians with the evidence-based information needed to make better-informed healthcare decisions. Funding for PCORI comes from a yearly fee imposed upon health plans.

 

Click here for more details on PCORI and its newly adopted strategic plan.