Key Commercial Questions When Contracting for Digital Health Solutions
In a new article, Covington’s global cross-practice Digital Health team considers some key questions that companies across the life sciences, technology, and communications industries should be asking as they seek to fit together the regulatory and commercial pieces of the complex digital health puzzle.
In this installment in the three-part series, Covington’s team discusses the questions:
1. Will you own or have rights to use the data that is collected and generated, and any insights, models, and algorithms that are developed?
2. Do you have commitments from your suppliers to provide functions at service levels suitable for the health sector and designed to maintain patient/user trust?
3. When you are structuring strategic collaborations to develop and deliver a digital health service, have you taken into account uncertainties as to the ultimate composition of the service, its customers, and its reimbursement model?