Pricing News Daily > 10/31/18

pricingnews-DailyPricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors.

 

This Edition is brought to you by:

PPS Logo

Professional Pricing Society

Currently, PPS produces three major annual pricing conferences in Europe and North America. Each conference also houses a technology hall where sponsors display the latest in Pricing Solutions software. PPS also offers more than two dozen, full-day training workshops every year, taught by leaders in the pricing community. These workshops serve as the foundation for PPS’s Certified Pricing Professional (CPP) designation, our state of the art pricing certification program. Candidates may be certified after mastering a multi-stage curriculum followed by rigorous testing. Successful CPPs have acquired the core knowledge which not only places them in the top rungs of the pricing field, but also gives them the tools to enhance substantially their own careers.

Click a link below to learn more…

 

The ‘vendors’ in HHS’ new drug pricing plan sound an awful lot like PBMs, experts say  | FierceHealthcare

The ‘vendors’ in HHS’ new drug pricing plan sound an awful lot like PBMs, experts say  | FierceHealthcare

Despite railing against the role of middlemen—namely pharmacy benefit managers—in rising drug prices, the Trump administration appears poised to introduce some of its own into the Part B program. The Department of Health and Human Services unveiled its International Pricing Index (IPI) model last week, which aims to bring down the costs of pharmaceuticals in […]

 

Lack of price transparency, consolidation, reimbursements & more: 4 key issues facing ASCs | Becker’s ASC Review

Lack of price transparency, consolidation, reimbursements & more: 4 key issues facing ASCs | Becker’s ASC Review

Almost every other industry has price transparency, and it is time for healthcare to catch up, said Stephen Blake, JD, CEO of Arlington, Texas-based Central Park ENT & Surgery Center. “We need to bend the cost curve. Price transparency should be our culture. Every other industry has the capability. We shouldn’t be the only industry […]

 

Online grocery shopping, spend poised to climb | Supermarket News

Online grocery shopping, spend poised to climb | Supermarket News

More than half of U.S. consumers are projected to be shopping online for groceries next year, and those who do are expected to boost their spending, according to KPMG’s 2018 Grocery Retail Consumer Perception Survey. Of more than 2,000 grocery customers polled, 48% currently do some or all of their grocery shopping online and 59% […]

 

‘Dynamic pricing’ takes hold in Japan | NHK World – Japan

‘Dynamic pricing’ takes hold in Japan | NHK World – Japan

An increasing number of businesses in Japan are setting prices of their goods and services based on the level of demand. The practice is known as “dynamic pricing.” Tickets for Japanese professional baseball games were recently sold this way through the Internet. Visitors to the home stadium of the Fukuoka SoftBank Hawks paid different prices […]

 

Call for ‘surge pricing’ for taxi fares to be allowed… | News Talk

Call for ‘surge pricing’ for taxi fares to be allowed… | News Talk

There are calls for taxis drivers to be allowed raise fares during peak periods like the run-up to Christmas or weekends. MyTaxi confirmed to the Irish Times that they are in talks with the National Transport Authority about increased flexibility around pricing. Under current regulations, taxi drivers are restricted in the amount they can charge […]

 

Understanding Value-Based Pricing in Business | See Girl Work

Understanding Value-Based Pricing in Business | See Girl Work

Good freelancers price by the value they provide to their clients. Pricing by value emphasizes quality and benefits, not quantity or speed. Here’s how to implement a value-based pricing strategy. Since I started my freelance content writing business a little over a year ago, I’ve gone through several iterations of my pricing strategy. At first, […]

 

CLIP of the month: Does orphan drug pricing pose an antitrust problem? | The CLIP Board

CLIP of the month: Does orphan drug pricing pose an antitrust problem? | The CLIP Board

Both the US and EU have therefore sought to incentivise companies to develop orphan drugs. For example, in the US, the Orphan Drugs Act 1983 provides tax credits for clinical research into rare diseases, and the EU’s Horizon 2020 scheme provides funding of around €900 million for collaborative projects related to rare diseases. Although more […]

 

Utah lawmakers question prescription drug pricing, talk importation from Canada | KSL

Utah lawmakers question prescription drug pricing, talk importation from Canada | KSL

Dr. Marc Babitz, deputy director at the health department, told lawmakers that Canadian importation would mean a lot of new responsibilities for Utah, including possible creation of an agency or office to oversee, administer and distribute imported drugs. He also said the state would have to prove there is a market for it, that enough […]

 

Events and Resources

14th Annual PPS European & Global Pricing Conference & Workshops | PPS

Date: November 28-30, 2018

Location: Mövenpick Hotel Amsterdam City Centre in Amsterdam, Netherlands

The Professional Pricing Society team and I are very proud to announce that we will be returning to Amsterdam for our next great event – The 14th Annual PPS European & Global Pricing Conference & Workshops held 28-30 November.

Conference keynotes, breakout sessions, and networking opportunities highlight the conference day on 30 November; While 28-29 November will be used for workshop days to help you enhance your pricing knowledge.

 

Pricing News LinkedIn Group

Join over 5,000 of your peers in the our LinkedIn discussion group. The group offers a place to share the latest pricing strategy and technology, news, events, resources, thought leadership, and discuss the latest pricing related successes and failures in the news.

 

This blog series provides a forum for pricing professionals to share their insights and experience. Our guest bloggers share their knowledge about specific product or industry challenges, geographic complexities, strategies, tactics, and technologies.

 

Top Discussions

This blog category offers a collection of top pricing related conversations on LinkedIn or in the comments section of pricing related blogs and articles.

 

Pricing Resources

Explore our collection of valuable pricing resources including:

The following is a daily-dose of pricing cartoons, quotes, and videos enjoy…

 

“Pricing decisions are not easy to make; they are often inherently ‘soft’.”

     – William E. Johnson

 

Posted in: Pricing News Daily