South Korea has recently shown enthusiasm towards innovative contracting and risk-sharing agreements in healthcare, with the National Health Insurance Service actively discussing a more adaptive framework. A notable global influence in these discussions is the UK's NICE International institution, which is extending its reach beyond European markets, offering infrastructure capability development and sharing methodologies with countries like South Korea. As a result, South Korea is adapting and evolving its contracting models, particularly in oncology, to better fit its market while also benefiting from the expertise of international institutions like NICE.