Value Based Health Care - Risk Share ContractsDecember 30th, 2018
FiledDecember 30th, 2018This is a payment arrangement between two parties that involves tracking the performance of an intervention and its impact on patient outcomes. Outcomes are tracked in a defined patient population over a certain period of time and the level of reimbursement is based on the health and cost outcomes achieved. These types of arrangements can be described as value based health care, coverage with evidence, access with evidence development, risk-sharing agreements, outcomes-based agreements, conditional licensing agreements, and sometimes are called patient access arrangements. There are typically two objectives for these types of risk sharing arrangements, one to gain experience for a novel intervention and two, answer the underlying outcome or health economic question that is either preventing market adoption currently or threatens future patient access. Therefore, performance based risk sharing agreements do have a clinical and scientific element that require the rigors of a study protoc