3 Tips for Successful Public-Private Partnerships in Healthcare

By Berry Craig IV
P3 Kentucky Staff Writer

While not a new concept, P3s are being used far more frequently in the healthcare community. Given the increasingly complex nature of the healthcare ecosystem, it’s this collaboration-centric way of thinking and multi-stakeholder approach that’s needed if we hope to address some of our largest healthcare issues (think lack in patient access, lack of diagnosis, or fragmented patient journeys).

P3s unite the public and private sectors around a common objective with the aim of utilizing each sector’s unique strengths to succeed in a more effective and efficient manner than if pursuing alone. And this opens a unique opportunity to address highly complex and multi-factorial healthcare challenges. Click below for three tips by Lynn Taylor, Senior Vice President, Head of Global Healthcare Government & Public Affairs and Head of U.S. Corporate & Government Relations at Merck KGaA in Darmstadt, Germany.

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