How outcome-based contracting can improve access to innovative therapies

Outcome-based contracting is helping enable the shift from fee-for-service payment and delivery models to more value-based healthcare models

Outcome-based contracting is helping to drive value-based healthcare (VBHC) by transforming the way cutting edge and high-cost therapies are being delivered to patients and paid for. 

In this interview, we sat down with Girisha Fernando, CEO of Lyfegen, whose company exists to improve the life of every patient by driving the world’s transition to value and outcome-based healthcare. Girisha shares his insights about the move towards VBHC, why this is so vital, and how corporations and startups can work together to be the necessary change. 

Improving equality, affordability and access to healthcare 

HT: What problem in healthcare did you set out to solve when you created Lyfegen, and why was it important to you to solve that problem?

Girisha Fernando: When I was a teenager, in just a short period of time, both of my grandfathers had passed away at a young age due to cancer and heart failure. If they would have had access to the right treatments, they might still be alive today.

We all have seen loved ones falling ill to a serious disease, and we want to make sure that they have the best possible treatment. This is why we created Lyfegen. We want  to make healthcare more equitable by increasing access and affordability to healthcare and treatments for patients.