Tag: Price Optimization

A Bitter Pill: How Big Pharma Lobbies to Keep Prescription Drug Prices High | CREW

A Bitter Pill: How Big Pharma Lobbies to Keep Prescription Drug Prices High | CREW

With the political heat on pharmaceutical manufacturers increasing in Washington, D.C., the industry is preparing for a fight over perhaps the most controversial issue confronting it: drug pricing. As many of the industry’s largest companies increase the prices of their products, they have also increased their lobbying spending on Capitol Hill, and some have reported […]

Price cap on medical devices: Price-control as a regulatory philosophy fundamentally dents the image of a country | HealthWorld

Price cap on medical devices: Price-control as a regulatory philosophy fundamentally dents the image of a country | HealthWorld

India’s $5 billion medical device market may be going through an existential threat. The Indian healthcare industry has been registering a double-digit growth rate, with a CAGR of 17% in the last five years. However, India’s drug pricing authority – the National Pharmaceutical Pricing Authority (NPPA), notified the Medical Devices Rules, 2017, which has come […]

SaaS Pricing Strategy: Who’s your Hero? Who’s your Decoy? | CMO-as-a-Service

SaaS Pricing Strategy: Who’s your Hero? Who’s your Decoy? | CMO-as-a-Service

Pricing a SaaS Service is not very different from anything other Software Pricing Strategy. While you want to keep renewal friction at a minimum, all other “rules” of pricing psychology still apply. While most companies out there have intuitively embraced the ‘rule of 3’, I often encounter teams who don’t really know where this rule […]

Posting prices may help both surgeons and patients | Futurity

Posting prices may help both surgeons and patients | Futurity

Publicly posting the price of tonsillectomies, uncomplicated births, and other common procedures can increase business, revenue, and patient satisfaction at outpatient surgery centers, according to a small study. “There’s a growing movement in the United States for transparent and fixed pricing for predictable services…” A report in the American Surgeon suggests that hospitals and other […]

Hellwig Suspension Products warns of increased pricing due to metal market speculation and threat of tariffs | The Sun-Gazette Newspaper

Hellwig Suspension Products warns of increased pricing due to metal market speculation and threat of tariffs | The Sun-Gazette Newspaper

VISALIA – Tariffs have dominated the news cycle over the last two weeks, and discussion over consequences has started to hit a little closer to home. Hellwig Suspension Products in Visalia has been watching the upward trend of imported steel prices since March and has now decided to get out ahead of the news to […]

Want to help patients? Get rid of drug rebates, HHS chief says | FiercePharma

Want to help patients? Get rid of drug rebates, HHS chief says | FiercePharma

Drug rebates and list prices have been on a race to the top, and patients have paid the price. One solution, according to HHS Secretary Alex Azar? Sweep the rebate system aside entirely. “[E]verybody wins when list prices rise, except for the patients,” and overhauling the pricing system to remove drug rebates would help with […]

Vt. Takes Aim at Prescription Drug Prices | Valley News

Vt. Takes Aim at Prescription Drug Prices | Valley News

Gov. Phil Scott has signed S.92, which features two different approaches to the state’s prescription problem: It requires more detailed financial reporting from insurers and drug companies; and it promotes lower-priced alternatives to expensive specialty drugs called biologicals. The statute — now labeled Act 193 — also calls for a group representing state government, pharmacies, […]

Rising Property Prices, Gambling Restrictions Among Reasons Why Cryptocurrency Is Alluring to South Koreans | EconoTimes

Rising Property Prices, Gambling Restrictions Among Reasons Why Cryptocurrency Is Alluring to South Koreans | EconoTimes

A strict stance on gambling, the difficulty in investing in the stock exchange, the rising prices and interest rates of properties, and the alluring emergence of cryptocurrency. These are some of the leading reasons why digital cash rose like a phoenix in South Korea. … The fiery demand, along with the smothering regulatory framework placed […]

HHS Secretary Azar outlines Trump administration’s drug pricing plan | CNBC

HHS Secretary Azar outlines Trump administration’s drug pricing plan | CNBC

Health and Human Services Secretary Alex Azar intensified the Trump administration’s attack on drug middlemen Tuesday, even suggesting the elimination of discounts that critics say inflate pharmaceutical prices. President Donald Trump unveiled his administration’s blueprint to lower drug prices last month. It includes rethinking rebates, or discounts that firms called pharmacy benefit managers negotiate with […]

How early retail health clinics set the stage for today’s mega-mergers | STAT

How early retail health clinics set the stage for today’s mega-mergers | STAT

We did recognize the novelty of health care delivered by the right caregiver, in a convenient setting, at an affordable price that the clinician and the patient both knew. At the time, these concepts were new to health care and we believed that together they held the potential to have long-term influences on how the […]