Outcome-based contracts

A computer system for generating an outcome-based healthcare contract, the computer system comprising:

• one or more processors, one or more computer-readable memories, one or more computer-readable tangible storage media, and program instructions stored on at least one of the one or more tangible storage media for execution by at least one of the one or more processors via at least one of the one or more memories, wherein the computer system is capable of performing a method comprising:
• defining an outcome-based contract template between a company and a payer, wherein the defined outcome-based contract template comprises at least one category of a plurality of patient data to be tracked;
• generating a contract for a patient based on the defined outcome-based contract template, wherein at least one specific value associated to the patient is assigned to each at least one category, and wherein the contract comprises a target outcome for the patient;
• monitoring the plurality of patient data associated with the patient;
• determining the target outcome is achieved based on the plurality of monitored patient data;
• and
• transmitting a plurality of outcome data between the company and the payer based on the determined target outcome being achieved.

A computer program product for generating an outcome-based healthcare contract, the computer program product comprising:

• one or more computer-readable tangible storage media and program instructions stored on at least one of the one or more tangible storage media, the program instructions executable by a processor of a computer to perform a method, the method comprising:
• defining an outcome-based contract template between a company and a payer, wherein the defined outcome-based contract template comprises at least one category of a plurality of patient data to be tracked;
• generating a contract for a patient based on the defined outcome-based contract template, wherein at least one specific value associated to the patient is assigned to each at least one category, and wherein the contract comprises a target outcome for the patient;
• monitoring the plurality of patient data associated with the patient;
• determining the target outcome is achieved based on the plurality of monitored patient data;
• and
• transmitting a plurality of outcome data between the company and the payer based on the determined target outcome being achieved.