Faciliating More Efficient Negotiations for Innovative Therapies: A Value-Based Negotiation Framework. (11th March 2022)
- Record Type:
- Journal Article
- Title:
- Faciliating More Efficient Negotiations for Innovative Therapies: A Value-Based Negotiation Framework. (11th March 2022)
- Main Title:
- Faciliating More Efficient Negotiations for Innovative Therapies: A Value-Based Negotiation Framework
- Authors:
- Whittal, Amanda
Jommi, Claudio
De Pouvourville, Gérard
Taylor, David
Annemans, Lieven
Schoonaert, Lies
Vermeersch, Sebastian
Hutchings, Adam
Patris, Julien - Abstract:
- Abstract: Objectives: An increasing number of innovative therapies (e.g., gene- and cell-based treatments) have been developed in the past 20 years. Despite the significant clinical potential of these therapies, access delays may arise because of differing perspectives of manufacturers and payers regarding issues such as the value of the product, clinical and financial uncertainties, and sustainability. Managed entry agreements (MEAs) can enable access to treatments that would not be reimbursed by conventional methods because of such concerns. However, although MEA typologies exist, there is currently no structured process to come to agreements on MEAs, which can be difficult to decide upon and implement. To facilitate more structured MEA negotiations, we propose a conceptual "value-based negotiation framework" with corresponding application tools. Methods: The framework was developed based on an iterative process of scientific literature review and expert input. Results: The framework aims to (i) systematically identify and prioritize manufacturer and payer concerns about a new treatment, and (ii) select a mutually acceptable combination of MEA terms that can best address priority concerns, with the lowest possible implementation burden. Conclusions: The proposed framework will be tested in practice, and is a step toward supporting payers and manufacturers to engage in more structured, transparent negotiations to balance the needs of both sides, and enabling quicker, moreAbstract: Objectives: An increasing number of innovative therapies (e.g., gene- and cell-based treatments) have been developed in the past 20 years. Despite the significant clinical potential of these therapies, access delays may arise because of differing perspectives of manufacturers and payers regarding issues such as the value of the product, clinical and financial uncertainties, and sustainability. Managed entry agreements (MEAs) can enable access to treatments that would not be reimbursed by conventional methods because of such concerns. However, although MEA typologies exist, there is currently no structured process to come to agreements on MEAs, which can be difficult to decide upon and implement. To facilitate more structured MEA negotiations, we propose a conceptual "value-based negotiation framework" with corresponding application tools. Methods: The framework was developed based on an iterative process of scientific literature review and expert input. Results: The framework aims to (i) systematically identify and prioritize manufacturer and payer concerns about a new treatment, and (ii) select a mutually acceptable combination of MEA terms that can best address priority concerns, with the lowest possible implementation burden. Conclusions: The proposed framework will be tested in practice, and is a step toward supporting payers and manufacturers to engage in more structured, transparent negotiations to balance the needs of both sides, and enabling quicker, more transparent MEA negotiations and patient access to innovative products. … (more)
- Is Part Of:
- International journal of technology assessment in health care. Volume 38:Number 1(2022)
- Journal:
- International journal of technology assessment in health care
- Issue:
- Volume 38:Number 1(2022)
- Issue Display:
- Volume 38, Issue 1 (2022)
- Year:
- 2022
- Volume:
- 38
- Issue:
- 1
- Issue Sort Value:
- 2022-0038-0001-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-03-11
- Subjects:
- Innovative therapies -- Managed entry agreements -- Negotiation framework
Medical technology -- Periodicals
Technology assessment -- Periodicals
610.28 - Journal URLs:
- http://journals.cambridge.org/action/displayJournal?jid=THC ↗
http://firstsearch.oclc.org ↗ - DOI:
- 10.1017/S0266462322000095 ↗
- Languages:
- English
- ISSNs:
- 0266-4623
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital store
- Ingest File:
- 21037.xml