We partner with like-minded entities in the health care system to jointly pursue opportunities to improve the efﬁciency, cost and quality of care, and the overall patient experience.
Value-based Partnerships Vary in Scope and Size and Reflect a Joint Commitment to Move Health Care Forward
At Amgen, we partner with a variety of stakeholders across health care systems. By engaging with various stakeholders to help identify mutually beneﬁcial opportunities, we aim to reduce costs, improve care, and enhance patient experiences worldwide.
As of 2017, we are currently involved in more than 75 distinct partnerships around the globe.
Core Components of Successful
Address Clinical/Scientific Gap
Value-based partnerships must provide opportunities to advance patient care.
- Increasing disease awareness in a therapeutic area
- Identifying appropriate patients in a therapeutic area
Value-based partnerships should be beneﬁcial for all engaged.
- The goals of both parties should be clearly deﬁned early in the process
- Success metrics should be deﬁned to indicate the success of the partnership
- Co-development of resources that can be used by both partners to increase awareness to support improvement in disease management
All entities engaged in the value-based partnership invest resources in furthering the partnership. The value of contribution may vary depending on the tactics, output, and structure of the collaboration. Contributions from both parties should be equally beneﬁcial to the partnership.
- Contributions may include FTE time, data analytics, funding, and other output necessary for the project
Both parties participate in the development and execution of the collaboration.
- Joint Steering Committee
- Co-development of algorithm, device, or application
- Joint ownership of materials/output
Health Care Stakeholders for Value-based Partnerships May Include
- Commercial health plans
- Private HMOs
- Patient associations
- Research trust/foundations
- Software/system providers
- Hardware/device makers
- Private clinics/networks
- HCP organizations
- Health care systems
- Integrated delivery systems
New Challenges Bring Novel Opportunities for Partnerships
Concerted collaborative efforts can create new approaches to patient care that combine therapeutics, services, technology, and analytics into more holistic solutions leading to better patient outcomes, more satisﬁed providers, and a more ﬁnancially sound medical ecosystem.
We envision multiyear project collaborations, such as
- Evaluating the characteristics of speciﬁc populations
- Testing innovative disease solutions
- Exploring alternative reimbursement
We truly believe it will take the entire health care village to address the challenges and the opportunities to make life better for patients.
Our key partnership principles include mutually beneﬁcial project aims, joint decision-making, co-investment of time and resources, and a commitment to act on generated insights.