AMCP Partnership Forum: Driving Value and Outcomes in Oncology

    Insights

    New cancer treatments offer hope but challenge affordability. The Academy of Managed Care Pharmacy (AMCP) convened stakeholders to discuss improving value and outcomes in cancer care through better contracting and payment models.

    Area of Science:

    • Oncology
    • Health Economics
    • Managed Care Pharmacy

    Background:

    • Recent cancer treatment innovations, including genomic-targeted therapies, present significant cost challenges to healthcare systems.
    • There is a growing need to focus on the clinical and economic value of cancer treatments.

    Purpose of the Study:

    • To convene a multistakeholder forum to identify challenges and solutions for improving value and outcomes in cancer care.
    • To explore current methods for assessing oncology product value and the future of value-based contracting.

    Main Methods:

    • A Partnership Forum convened by the Academy of Managed Care Pharmacy (AMCP).
    • Participants included representatives from health plans, integrated delivery systems, pharmacy benefit managers, clinical practice, biopharmaceutical industry, laboratory companies, and professional associations.
    • Discussions focused on assessing oncology product value, balancing population management with precision medicine, and value-based contracting.

    Main Results:

    • Identified challenges in value-based oncology care, including defining outcome targets, developing value frameworks and clinical pathways, managing diagnostics, and utilizing alternative payment systems.
    • Highlighted the need for best practices in value-based payment arrangements for oncology medications.
    • Participants recommended strategies for stakeholders to improve value and outcomes in cancer therapy.

    Conclusions:

    • Addressing identified challenges is crucial for improving the value and outcomes of cancer treatment.
    • Collaborative efforts among stakeholders are needed to navigate the complexities of innovative oncology therapies and ensure sustainable, high-value cancer care.
    • The forum provided a platform for identifying actionable solutions to enhance the efficiency and effectiveness of cancer treatment spending.

    Related Concept Videos

    Treatment Resistant Cancers02:56

    Treatment Resistant Cancers

    Cancer is the second leading cause of death in the United States. A cancer cell is genetically unstable and hence can mutate faster. They can also modify their microenvironment and escape immune surveillance. The difficulties in treating cancer are further compounded by the emergence of rapid resistance to anticancer drugs. The most common ways to attain resistance in cancer cells include alteration in drug transport and metabolism, modification of drug target, elevated DNA damage response, or...
    3.8K
    Cancer Therapies02:49

    Cancer Therapies

    Cancer therapies are various modes of treatment, such as surgery, radiation therapy, and chemotherapy that are administered to cancer patients.
    However, cancer treatments can pose several challenges, as therapies used to kill cancer cells are generally also toxic to normal cells. Moreover, cancer cells mutate rapidly and can develop resistance to chemical agents or radiation therapy. Besides, all types of cancer cells may not respond to the same therapy. Some cancer cells respond to one...
    10.3K
    Targeted Cancer Therapies02:57

    Targeted Cancer Therapies

    The targeted cancer therapies, also known as “molecular targeted therapies,” take advantage of the molecular and genetic differences between the cancer cells and the normal cells. It needs a thorough understanding of the cancer cells to develop drugs that can target specific molecular aspects that drive the growth, progression, and spread of cancer cells without affecting the growth and survival of other normal cells in the body.
    There are several types of targeted therapies against...
    9.0K
    Combination Therapies and Personalized Medicine02:50

    Combination Therapies and Personalized Medicine

    Combining two or more treatment methods increases the life span of cancer patients while reducing damage to vital organs or tissue from the overuse of a single treatment. Combination therapy also targets different cancer-inducing pathways, thus reducing the chances of developing resistance to treatment.
    The combination of the drug acetazolamide and sulforaphane is a good example of combination therapy to treat cancer. The cells in the interior of a large tumor often die due to the hypoxic and...
    6.3K
    Patient-centered Care01:13

    Patient-centered Care

    Patient-centered care involves delivering care beyond inpatient hospitalization. Reflective practice can enhance a patient-centered approach. Reflective practice is a process of reasoning that considers all aspects of the present situation, including practicalities, learning from personal practice, and consideration of patient needs. Patients appreciate care decisions made while considering their input. Involving the patient in their care provides the patient with a sense of contribution rather...
    3.2K
    Peripheral Artery Disease III: Interprofessional Care01:27

    Peripheral Artery Disease III: Interprofessional Care

    Peripheral Artery Disease (PAD) is characterized by narrowed arteries that diminish blood flow to the extremities. Effective management of PAD requires an interprofessional approach involving various healthcare professionals. The critical aspects of interprofessional care for PAD patients focus on risk factor modification, drug therapy, exercise therapy, nutrition therapy, critical limb ischemia care, and interventional radiology and surgical procedures.The primary treatment goal for PAD...
    446