Journal article
When Do Value-Based Contracts Add Value? Insights From Probabilistic Simulations
Abstract
OBJECTIVES: Value-based contracts, also called outcomes-based agreements, tie reimbursement to treatment performance, usually operationalized as 1 or more patient outcomes within a given time frame. These agreements offer an appealing risk-sharing mechanism between manufacturers and payers. Despite this, uptake of value-based contracts has been limited likely, in part, because of contract complexity. This study explores how probabilistic …
Authors
Metcalfe RK; Geary K; Trusheim M; Barlow JF; Vuong Q; Park JJH
Journal
Value in Health, Vol. 28, No. 6, pp. 839–843
Publisher
Elsevier
Publication Date
6 2025
DOI
10.1016/j.jval.2025.02.015
ISSN
1098-3015