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Fundamentals of Managed Care/Student Pharmacist

(SP1) Unlocking the Basics of Value-Based Contracting: A Hands-On Introduction

Tuesday, April 1, 2025
1:30 PM – 2:45 PM CST
Location: 310
ACPE UAN:0233-0000-25-011-L04-P | Contact Hours: 1.25 | Activity Type: Application-based
With the growth of the specialty drug pipeline and the expected increase in healthcare spending, there is a need to manage rising drug costs. Value-based contracts (VBCs) are a potential tool to use with innovative products that may have some degree of uncertainty. This becomes especially important as the healthcare system looks to shift from fee-for-service payment models to value-based payment or performance-based payment models. This interactive session will introduce the fundamental principles, key components, and practical implications of VBCs in the evolving landscape of managed care pharmacy.

Learning Objectives:

At the completion of this activity, participants should be able to:
  1. Define value-based contracting and differentiate it from traditional fee-for-service models
  2. Summarize the landscape of outcomes-based contracting in the United States and the impact of government programs on national trends
  3. Describe the benefits and challenges of value-based contracts
  4. Using a case study, design a value-based contract and propose actionable strategies for implementation