- Payers, providers and biopharma agree they need to be better aligned with other stakeholders in the health care industry, yet they have made little progress to date toward this goal. Only 16 to 19 percent of survey respondents said they were “mostly aligned” with other stakeholders, while one-fourth say they are “not very” or “not at all” aligned.
- More than 70 percent of all stakeholders believe transparency around data sources and information sharing across stakeholder groups is “very important” or “critically important” to the success of an interoperable health care system. Yet a large percentage of respondents are unwilling to be transparent. US payers and providers gave their own segments of the industry the highest marks—54 percent and 51 percent respectively said they were “extremely” or “very willing” to be transparent, compared to 37 percent of biopharma and just 18 percent of EU payers.
- More than 8 of 10 biopharma executives and 99 percent of payer executives in the US feel that increased engagement with providers and health systems will be beneficial to their organization.
The report outlines recommendations for biopharma to improve their collaboration to benefit business and improve patient outcomes. Key recommendations include:
- Diversify partnerships to drive innovation. Biopharma leaders must seek out opportunities to partner with diverse stakeholders from across the health care continuum. Ideally, these opportunities will stretch comfort zones beyond the traditional regulatory partnerships, with the promise of innovation in exchange for transparency and a willingness to work collaboratively for mutual benefit.
- Build the roadmap together. Stakeholders must work together to align goals to replace competing incentives with process efficiencies. When collaboration has a destination, every individual heads in the same direction, resulting in a more effective product and better outcomes.
- Foster—and use—feedback. Leaders must communicate results and feedback regularly across the stakeholder community to build trust and foster a commitment to continuous learning that allows for ongoing design improvements.