Value assessments are all the rage these days. From ASCO to ESMO, from MSKCC to AHA/ACC, from AMCP to ICER, there are a variety of value frameworks (and acronyms) out there. In the Health Affairs blog today, Alan Balch and Darius Lakdawalla make the case that treatment value should be measured from a patient-centered approach. Although patient-centered measures of value clearly are sensible–as patients are the end consumers of medical goods and services–there are good reasons why value does not always take the patient’s perspective.