Adaptive Reimbursement: Innovating for Patient Access and Better Outcomes for All
Author(s)
Discussion Leaders: Mark Trusheim, MS, BS, MIT Center for Biomedical Innovation, Massachusetts Institute of Technology, Cambridge, MA, USA Angela Banks, MBA, MA, UnitedHealth Group, Washington, DC, USA; Ron Potts, MD, Kaiser Permanente, Portland, OR, USA; David Strutton, PhD, MPH, Center for Observational and Real-World Evidence, Merck, North Wales, PA, USA
Presentation Documents
PURPOSE:
Based on MIT NEWDIGS LEAPS Project experience, inspire participants to explore Adaptive Reimbursement opportunities to accelerate adoption of RWE-based patient regimen optimization to simultaneously improve quality-of-life and economic outcomes.DESCRIPTION:
Scientific, clinical development and regulatory advancements are fueling unprecedented biopharmaceutical innovation from gene therapies to immunotherapies. These upstream innovations have not been matched by patient-centered downstream innovations that employ payment and other incentive systems to implement patient specific regimen improvements informed by leveraging real-world evidence. Adaptive reimbursement combines downstream innovations that:- Creatively cover and finance therapies to ensure timely, appropriate access, enhance healthcare system sustainability and reward upstream innovation; and
- Reward optimized treatment regimens for each patient through the generation of real-world evidence that reduces uncertainties regarding biopharmaceutical product performance.
- Durable cell and gene therapy precision financing models could apply to other therapeutic areas
- Adaptive reimbursement mechanisms might fund RWE production platforms (indirectly or directly) by creating financial demand for their results
- Data needed to administer adaptive reimbursement contracts can also be used to de-risk market access, identify unmet medical needs, and monitor patient benefits from therapies
- RWE platforms could fuel the design and implementation of innovative adaptive reimbursement models
Conference/Value in Health Info
2021-05, ISPOR 2021, Montreal, Canada
Topic
Health Policy & Regulatory