Life Sciences

Insights brief: Advancing outcomes-based contracting

Share this post:

The shift from volume to value in health care has presented life sciences companies with tremendous challenges and opportunities to proactively manage cost pressure and scientific innovation.


Truven Health Analytics®, an IBM Watson Health™ business, held discussions with more than a dozen life sciences companies to gather in-depth insights on their experience and intentions for outcomes-based contracts (OBCs). Viewed as an innovative way to improve patients’ access to the right therapies, life sciences companies are facing strategic and tactical challenges implementing OBCs.


In this brief, we share insights on the challenges in managing outcomes-based contracts (OBCs) with health plans today and solutions to address these challenges, based on our conversations with life sciences companies.


More Life Sciences stories

“Connected health” designed for health

Written by Watson Health | Blog Post, Cognitive Computing, Life Sciences

Over the years, the life sciences industry has been investing in capturing and analyzing patient health information. Specifically, companies have been creating digital health applications with the goal of improving treatment and care. more

ISPOR 2018 was speaking our language

Written by Watson Health | Blog Post, Life Sciences

“We’re all patients,” noted Dr. Michelle McMurry-Heath, a panelist in the first plenary session that kicked off ISPOR 2018, a 5-day conference devoted to health economics and outcomes research (HEOR) in Baltimore at the end of May. more