The Impact of Artificial Intelligence on Outcomes Based Contracting

Understanding the challenges for formulary decision makers and manufacturers

In the United States outcomes-based contracting (OBC) has long been proposed as a measure to reward innovation, based on actual performance of treatments and interventions in patient populations. However, the perceived and actual challenges in implementation have prevented many innovative contracts from leaving the drafting table.

Recently, the potential use of artificial intelligence (AI) to predict suitable outcomes for patients to mitigate potential challenges has been discussed. ICON is conducting original research with formulary decision makers and with manufacturers, with the following objectives in mind:

  • Assess the level of familiarity and use of OBC among stakeholders and their understanding of AI
  • Understand the current use of AI by payers
  • Determine how AI could impact the use of OBC in the future including:
    • Willingness to engage in OBC
    • Types of OBC models pursued
    • Levels of success of different OBC models

The results from this research will be published in a future whitepaper. Reserve your copy today.

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