This course covers 6 key areas important to setting a foundation in the understanding of value-based contracting.
✓ Describe what a value-based contract is, common elements for defining value and value frameworks, and the shift towards more value in healthcare
✓ Identify the benefits of a value-based contract for drug manufacturers and payers and the acceptance of these types of contracts
✓ Explain evolving contract and pricing arrangements including indication-based pricing, bundled services, conditional treatment continuation, indication-based pricing, mortgage pricing, and regimen-based pricing
✓ Discuss vital elements when measuring outcomes
✓ Discuss key regulatory barriers to value-based contracts and emerging changes
✓ Identify the main considerations for value-based contracts for prescription drugs