Tag: Drug Prices

State warned against pharmacy middlemen’s Whack-a-Mole | Record Courier

State warned against pharmacy middlemen’s Whack-a-Mole | Record Courier

As Ohio seeks to reduce costs and bring more transparency to Medicaid’s $3 billion-plus prescription drug program, experts warn: Don’t solve one problem by creating others. Pharmacy benefits managers, who are the middlemen in the process of pricing and paying for prescription drugs through various insurance programs, are the focus of the state’s attention. “They […]

How are prescription drug prices determined? | AMA Wire

How are prescription drug prices determined? | AMA Wire

The U.S. spends nearly $330 billion a year on prescription drugs. In 1990, the share the nation spent for pharmaceuticals accounted for 5.6 percent of total health care spending, but grew to nearly 10 percent in 2016. Prescription drug price increases can lead some patients to not be able to afford critical medicine, causing them […]

MediXall.com Announces Expansion into Prescription Discounts with Upcoming Launch of MediXallRx | NASDAQ

MediXall.com Announces Expansion into Prescription Discounts with Upcoming Launch of MediXallRx | NASDAQ

Fort Lauderdale, FL, Sept. 13, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — MediXall Group Inc., (OTCQB:MDXL), creator of MediXall.com, a new generation healthcare marketplace platform designed to address the growing need of self-pay and high deductible consumers for greater transparency and price competition in their healthcare costs, is pleased to announce that it has entered into […]

How Nashville Changed Health Care for the Nation | Nashville Scene

How Nashville Changed Health Care for the Nation | Nashville Scene

There’s a long-told tale among folks in Nashville health care circles. According to the story, as the industry was blossoming in Nashville in the early ’70s, an executive at one of the larger health care companies was asked how much it cost to keep a patient in one of his hospitals. His response? “Doesn’t matter.” […]

Pricing models will have an impact on adoption of AI in medical imaging | Health Data Management

Pricing models will have an impact on adoption of AI in medical imaging | Health Data Management

To maximize their market reach, vendors should consider offering both perpetual license and SaaS options, ideally with a strategy to convert perpetual license customers to a SaaS model over time, to take advantage of the more sticky and predictable business. Vendors who adopt a subscription model then need to set a pricing strategy that is […]

As opioid crisis rages, cost of overdose antidote spikes | WYMT

As opioid crisis rages, cost of overdose antidote spikes | WYMT

As the opioid epidemic continues to kill tens of thousands of Americans each year, the drug naloxone has proved invaluable in preventing overdose-related deaths. Yet a spike in its cost in recent years has constrained access to naloxone, potentially depriving health care professionals, emergency responders and families of a critical treatment than can save lives. […]

HHS sued over delay in drug pricing transparency regulations | Beckers Hospital Review

HHS sued over delay in drug pricing transparency regulations | Beckers Hospital Review

The American Hospital Association and six other health organizations  have sued HHS for delaying the implementation of rules that would force drug companies to be open about their pricing and punish them for overcharging participants in a federal drug discount program. Six things to know: 1. The 340B drug pricing program, enacted nearly three decades […]

Hospitals sue to require drug pricing transparency in 340B | Healthcare Dive

Hospitals sue to require drug pricing transparency in 340B | Healthcare Dive

Dive Brief: Four industry associations sued HHS for the second time over its delay in adding regulations to the 340B Drug Pricing Program that would require pricing transparency for drug manufacturers and penalties for overcharging hospitals covered under the program. Filed by the American Hospital Association, the Association of American Medical Colleges, America’s Essential Hospitals and 340B […]

Trump Eyeing ‘Disruptive’ Changes to Drug Pricing, Azar Says | Bloomberg

Trump Eyeing ‘Disruptive’ Changes to Drug Pricing, Azar Says | Bloomberg

The Trump administration is looking to make “disruptive” changes to U.S. drug pricing to bring down costs for patients, Health and Human Services Secretary Alex Azar said. “Every player in the system has their share of blame,” Azar said in an interview at Bloomberg headquarters in New York on Wednesday, adding that he’s working on […]

The New Nonprofit Pharmaceutical World: What’s Up with That? | Nonprofit Quarterly

The New Nonprofit Pharmaceutical World: What’s Up with That? | Nonprofit Quarterly

Civica Rx, a new nonprofit drug company based in Utah, is partnering with seven of the largest US hospital systems: Intermountain Healthcare, Catholic Health Initiatives, HCA Healthcare, Mayo Clinic, Providence St. Joseph Health, SSM Health, and Trinity Health. The coalition is investing in Civica’s ability to find creative solutions to tackle the devastating effects of […]