Must-read morning briefing POLITICO Pulse talks with Innovation & Value Initiative (IVI) executive director Darius Lakdawalla on the launch of a first-of-its-kind open-source project for determining the value of medical treatments. IVI, a Precision Health Economics-backed collaboration, is debuting the tool for use in rheumatoid arthritis. “There is nothing worse than cutting valuable dollars and letting wasteful spending multiply,” Lakdawalla says.

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