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

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.