What are innovative contracts?

What are innovative contracts?

For the purposes of this article, we define innovative contracts as any arrangement outside traditional fixed-cost-per-unit and rebating practices (meaning flat-rate discounts and variable discounts based on total volume or share).

What is a CSO contract?

Commercial Solutions Opening (CSO) Procedure CSO is new acquisition mechanism that provides a streamlined acquisition process and simplified contract terms that is designed to open up the field of competition so that the Government and taxpayers benefit from a large pool of solutions at a better cost and performance.

What agencies have OTA authority?

Some agencies with the authority to use OTAs are NASA, the Department of Defense (DoD), Department of Health and Human Services (including NIH), and Department of Energy (DOE).

What is value-based contracting Pharma?

Value-based pharmaceutical contracts (VBPCs) are performance-based reimbursement agreements between healthcare payers and pharmaceutical manufacturers in which the price, amount, or nature of reimbursement is tied to value-based outcomes.

What is DoD CSO?

Commercial Solutions Opening (CSO) A Commercial Solutions Opening (CSO) is a merit-based source selection strategy for the Department of Defense (DoD) to acquire innovative commercial items, technologies, or services that directly fulfill requirements, close capability gaps, or provide potential technological advances.

What is government CSO?

A civil society organization (CSO) is a group of people that operates in the community in a way that is distinct from both government and business. Civil society. Non-governmental organization. Social movement organization.

Are OTAs firm fixed price?

Project Agreements under the TReX OTA are primarily Firm Fixed Price agreements (FFP); however, cost reimbursement contracts are available. The cost type agreements will only be use if deemed necessary by the Government.

Is value-based drug pricing compatible with pharma innovation?

Value-based pricing still allows for relatively high drug prices in order to reward significant innovation. One example is Sovaldi, the drug that cures hepatitis C. First approved in 2013, Sovaldi was priced at $84,000 for a course of treatment.

What is value-based healthcare NEJM catalyst?

Value-based healthcare is a healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes. Value-based care differs from a fee-for-service or capitated approach, in which providers are paid based on the amount of healthcare services they deliver.

What is commercial solution offering?

A Commercial Solutions Opening (CSO) is a merit-based source selection strategy for the Department of Defense (DoD) to acquire innovative commercial items, technologies, or services that directly fulfill requirements, close capability gaps, or provide potential technological advances.

What are the competitive procedures available for use in fulfilling?

The competitive procedures available for use in fulfilling the requirement for full and open competition are as follows: (a) Sealed bids. If sealed bids are not appropriate, contracting officers may use any combination of competitive procedures (e.g., two-step sealed bidding). (d) Other competitive procedures.

What are the opportunities for service innovation in the future?

To seize the opportunities, companies must learn to tap the potential for service innovation made possible by four evolving trends. 1 Higher customer expectations. More than ever, consumers demand greater involvement, customization, personalization, and mobility from services—with immediate results.

Are digital Upstarts threatening the traditional service provider model?

New digital upstarts are threatening the bottom lines, growth prospects, and even business models of traditional service providers. It’s time for incumbents to innovate—or be left behind.

Are your contracts hindering strategic partnership progress?

Having examined many thousands of contracts over the years, rather than driving the ‘right’ behaviours in a strategic partnership, we have found that the contracts organisations draw up to guide their relationships are all too often responsible for hindering progress.

Do we need an institutionalized approach to service innovation?

To be sure, some companies have long understood the importance of an institutionalized approach to service innovation. In the McDonald’s innovation center, for example, the company develops prototypes and simulates new service procedures in fully functioning mock restaurants housed in a suburban Chicago warehouse.