Global Initiative for Psychedelic Science Economics (GIPSE)
Overview
GIPSE is a network of health economists dedicated to achieving the potential of psychedelic therapies for high-priority mental health conditions. Through the application of policy-relevant economic analyses, GIPSE seeks to enhance clinical outcomes, increase efficiency of service delivery, and increase access to these promising therapies for everyone who can benefit. Here is a partial list of current projects:
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In collaboration with the Usona Institute, modeling the cost-effectiveness of psilocybin-assisted psychotherapy to treat major depressive disorders.
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In collaboration with the Multidisciplinary Association for Psychedelic Studies (MAPS), evaluating the cost-effectiveness of MDMA-assisted therapy for people with chronic PTSD.
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In collaboration with Johns Hopkins University’s Center for Psychedelic and Consciousness Research, evaluating the cost-effectiveness of psilocybin-assisted therapy for smoking cessation.
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Modeling the short and long-term epidemiological, economic, and budgetary impacts of scaled-up access to psychedelic therapies at the state and national level.
This two-page summary provides additional information on GIPSE’s mission and activities.
Publications
Here is a link to publications from the GIPSE team on the economics of psychedelic therapies:
- The cost-effectiveness of MDMA-assisted psychotherapy for the treatment of chronic, treatment-resistant PTSD (plos.org)
- Updated cost-effectiveness of MDMA-assisted therapy for the treatment of post traumatic stress disorder in the United States: Findings from a phase 3 trial (semanticscholar.org)
- The Costs and Health Benefits of Expanded Access to MDMA-assisted Therapy for Chronic and Severe PTSD in the USA: A Modeling Study (springer.com)
- The economics of psychedelic-assisted therapies: A research agenda (Frontiersin.org)
GIPSE Conferences and Press
Here is a link to GIPSE's latest news, including upcoming/past conferences, presentations, interviews, and print.
GIPSE in the News
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Psychedelic Alpha interviewed Elliot Marseille in November 2022. Access it here.
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(7-Dec-22) Green Market Report: Medical Insurance Providers Assess Benefits of Psychedelics Treatments (greenmarketreport.com)
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(7-Dec-22) Psychedelic therapy moving to next frontier: workplace perk - STAT (statnews.com)
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(17-Oct-22) Will Medical Insurers Agree to Cover Psychedelic Trips? - Bloomberg
Advisory Council
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Rick Doblin, Executive Director, Multidisciplinary Association for Psychedelic Studies (MAPS)
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Matthew Johnson, Associate Center Director, Johns Hopkins University, Center for Psychedelics & Consciousness Research
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Tura Patterson, Senior Director, Strategic partnerships, Usona Institute
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Eduardo Schenberg, Founder, Instituto Phaneros (São Paolo, Brazil)

