Tag: Price Optimization

HHS Secretary Alex Azar warns drug makers to pay full Medicaid rebate amount | MDLinx

HHS Secretary Alex Azar warns drug makers to pay full Medicaid rebate amount | MDLinx

“In fact, I am pleased to announce here, to all of you, that HHS is issuing a guidance today to drug manufacturers that will ensure they are paying the full Medicaid rebates they owe on certain prescription drugs,” HHS Secretary Alex Azar said Thursday during the 45th American Legislative Exchange Council Annual Meeting in New […]

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

The CMS rule goes further than current regulations, and it requires hospitals to share prices in a bid to “encourage price transparency” and enhance “public accessibility,” notes The Hill. The Trump administration is also looking into new ways to “allow consumers to more easily access relevant health care data and compare providers.” “The agency is considering […]

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise to avoid their products falling into the wrong hands and being sold on the “grey market” at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand. With Richemont, owner of Cartier and Mont Blanc, […]

The problem with price transparency: ‘Price’ doesn’t always mean ‘out-of-pocket’ cost, says NorthShore Assistant VP Justin Brueck | Becker’s Hospital Review

The problem with price transparency: ‘Price’ doesn’t always mean ‘out-of-pocket’ cost, says NorthShore Assistant VP Justin Brueck | Becker’s Hospital Review

Q: What is the biggest barrier to price transparency in the healthcare industry?  JB: One of the biggest barriers in price transparency is that many health system contracts have payer confidentiality provisions, which makes it difficult to discuss such matters. Additionally, we must remember that ‘price’ does not necessarily reflect ‘out-of-pocket’ cost — and out-of-pocket […]

Your Peanut Butter Pricing Could Use Some Jelly | Modern Distribution Management

Your Peanut Butter Pricing Could Use Some Jelly | Modern Distribution Management

As a distributor, you know that pricing habits are hard to break. Often, your team develops what they consider to be a fair price for product categories, and then they just habitually give that same price to everyone. They spread that ‘peanut butter pricing’ to all customers without really thinking about it. It’s easy, its […]

Hotel and Air Prices to Rise Sharply in 2019, Per GBTA/CWT Research: Meetings & Conventions

Hotel and Air Prices to Rise Sharply in 2019, Per GBTA/CWT Research: Meetings & Conventions

Travelers can expect steep increases in prices in 2019, with hotel room rates rising by 3.7 percent and the cost of air tickets climbing by 2.6 percent, according to the fifth annual Global Travel Forecast, published today by the Global Business Travel Association and Carlson Wagonlit Travel with the support of the Carlson Family Foundation. The report […]

Would You Rent Your Car To A Stranger? GM’s Maven Hopes So | Forbes

Would You Rent Your Car To A Stranger? GM’s Maven Hopes So | Forbes

The concept is not new. San Francisco-based Turo offers peer-to-peer car sharing in 5,500 cities worldwide and has about seven million members and 258,000 cars up for rent. “To have a big player like GM invest in the space, gives validation to the work we are doing,” said Steve Webb, Turo’s senior director of communications. […]

Amazon Enters the Pharmacy: Are You Ready? | Pricing Matters

Amazon Enters the Pharmacy: Are You Ready? | Pricing Matters

A few weeks ago, Amazon.com, Inc. announced that it will be acquiring PillPack, the full-service online pharmacy that delivers to your door. It is no secret that the Retail Pharmacy landscape is unquestionably challenging, but it is about to get even more aggressively competitive. Are you ready? Retail pharmacies will need to evaluate their current […]

Here’s Why Big Pharma Loves This Plan to Lower Drug Prices | The Motley Fool

Here’s Why Big Pharma Loves This Plan to Lower Drug Prices | The Motley Fool

The White House is currently mulling a proposal that could slash list prices on branded drugs. If you find that hard to believe, this next one will make your head explode: We can expect Big Pharma to put a lot of weight behind this proposal’s passage. The Health and Human Services Department (HHS) recently submitted […]

Merck’s price cuts are flashy, but no more benevolent than Pfizer’s freeze: analysts | FiercePharma

Merck’s price cuts are flashy, but no more benevolent than Pfizer’s freeze: analysts | FiercePharma

Little more than a week after Pfizer drew praise from President Donald Trump for simply delaying planned price increases on 40 drugs, Merck & Co. pledged several strategies for “responsible pricing,” including slashing the price of its hepatitis C drug Zepatier by 60% and instituting price-hike controls across its entire portfolio. At first glance, it […]