Tag: Health Services Pricing

High drug prices: America’s migraine (and how to fix it) | The Philadelphia Tribune

High drug prices: America’s migraine (and how to fix it) | The Philadelphia Tribune

Americans go to the pharmacy a lot. We fill an average 12.6 prescriptions per year, and more than half of us regularly take medications—four, on average. Like covering rent or filling the gas tank, taking and paying for medicine has become part of our everyday lives. It’s not a stretch to suggest that the average […]

Recondo Technology’s Chief Product Officer to Speak about Price Transparency and Payor/Provider Challenges at Becker’s 4th Annual Health IT + Revenue Cycle Conference | Markets Insider

Recondo Technology’s Chief Product Officer to Speak about Price Transparency and Payor/Provider Challenges at Becker’s 4th Annual Health IT + Revenue Cycle Conference | Markets Insider

DENVER, Sept. 18, 2018 /PRNewswire/ — In response to the recent IPPS Final Rule issued by CMS requiring hospitals to post their standard charges online, Recondo Technology is embarking on an educational initiative to inform providers how to provide authentic price transparency to patients. As part of this effort, the company’s Chief Product Officer, Heather […]

House Rejects Senate Bill Provision to Require Disclosure of Drug Prices in Television Commercials | BioSpace

House Rejects Senate Bill Provision to Require Disclosure of Drug Prices in Television Commercials | BioSpace

The U.S. House of Representatives has split with the Senate over requiring pharmaceutical companies to disclose the list price of their prescription medications in television advertisements. The notion of including the cost of medications was a key provision of the White House’s healthcare proposal. In August the Senate approved a measure to disclose drug prices […]

Lawmakers Halt Push for Drug Prices in TV Ads | RAPS

Lawmakers Halt Push for Drug Prices in TV Ads | RAPS

In an effort to get the first set of FY 2019 appropriations bills to the President’s desk, US House leaders scrapped a bipartisan amendment that would have required drugmakers to include list prices in direct-to-consumer (DTC) television ads. The amendment—sponsored by Sens. Dick Durbin (D-IL) and Chuck Grassley (R-IA)—was offered and subsequently withdrawn during a […]

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 […]

The Curious Case Of Gleevec Pricing | Forbes

The Curious Case Of Gleevec Pricing | Forbes

Several years ago, a group of oncologists penned an editorial on drug prices, with Gleevec (imatinib mesylate), the  groundbreaking tyrosine kinase inhibitor, as their illustration of egregious pricing practices. This sparked a nationwide conversation on cancer drug prices and value. When first approved, Gleevec ushered in a new era of targeted oncology drugs. At its […]