Tag: Price Setting

Painkiller that once cost $138 is now $2,979  | CNN Money

Painkiller that once cost $138 is now $2,979 | CNN Money

An Irish drugmaker has jacked up the price of a painkiller to nearly $3,000 a bottle. The drug is 22 times more expensive than when the company acquired it in late 2013. The sticker shock for Horizon Pharma’s Vimovo drug is magnified by the fact that the painkiller’s two main ingredients can be purchased separately […]

Lawmakers push for openness on prescription pricing despite industry opposition | OregonLive.com

Lawmakers push for openness on prescription pricing despite industry opposition | OregonLive.com

SALEM – Oregon lawmakers in both parties are pushing a plan to require drug makers to publicly justify big price hikes, and officials say they are charging ahead with legislation despite strong opposition from pharmaceutical companies. If passed, House Bill 4005 would require drug companies to file annual reports with the state outlining price increases of […]

Blockchain may hold the key to drug pricing transparency in the US | EPM Magazine

Blockchain may hold the key to drug pricing transparency in the US | EPM Magazine

“Drug pricing in the US healthcare system is broken because of the way the market is set up,” said Jaquie Finn, head of Digital Health, Cambridge Consultants. “By moving to an open market that creates price competition and improves access, there is an enormous opportunity to fix it, providing the right technology is in place.” […]

Grainger CEO Outlines Benefits of Pricing Move | Modern Distribution Management

Grainger CEO Outlines Benefits of Pricing Move | Modern Distribution Management

At this week’s Grainger show in Orlando, FL, CEO D.G. Macpherson expanded on his recent comments that the company was seeing “benefits” from its pricing changes as he doubled down on the notion that the move is helping Grainger bolster three customer segments. “We’ve seen benefits in a number of areas,” Macpherson told MDM when […]

MultiBrief: Is dynamic pricing good for restaurants and hotels? | MultiBriefs

MultiBrief: Is dynamic pricing good for restaurants and hotels? | MultiBriefs

Does dynamic pricing really work? Referring back to the case of Bob Bob Ricard, a follow-up NPR report suggests that dynamic pricing works well for the restaurant. Ever since the restaurant implemented the new strategy, store traffic during the “normal” quietest times has nearly doubled. While the average check for two guests in the restaurant […]

White House advisers cite USC research as basis for potential drug price reforms | USC News

White House advisers cite USC research as basis for potential drug price reforms | USC News

White House advisory council has issued several recommendations for reining in U.S. prescription drug prices and costs, some of which stem directly from the work of the USC Leonard Schaeffer Center for Health Policy and Economics. Voters are increasingly concerned about rising drug prices and health care costs — to the point that two presidential […]

Greg Walden pursues giving consumers more information on health prices | The Washington Examiner

Greg Walden pursues giving consumers more information on health prices | The Washington Examiner

A top House lawmaker wants consumers to have as much information as possible on what health services such as MRIs, pharmaceuticals, or CT scans cost. Energy and Commerce Committee Chairman Greg Walden, R-Ore., said Wednesday that he is speaking with colleagues in the Senate on greater price transparency. The remarks come a few days after […]

Smart health care shoppers are saving money and getting cash awards | Detroit Free Press

Smart health care shoppers are saving money and getting cash awards | Detroit Free Press

Insurers rolled out these cost calculators as more of their customers enrolled in high-deductible health plans that require spending hundreds or thousands of dollars out of pocket each year before insurance kicks in. It’s still to be determined whether price transparency on its own can substantially slow the rise or even lower the costs of health care, and, by extension, insurance premiums. Early research suggests that […]

Are Cloud Companies Moving Away from Pricing Transparency?: eDiscovery Trends | JDSupra

Are Cloud Companies Moving Away from Pricing Transparency?: eDiscovery Trends | JDSupra

Last May, I wrote a post asking if pricing transparency is finally happening in eDiscovery.  Here’s an article where the trend seems to be reversing – at least for Software-as-a-Service (SaaS, aka cloud) companies in general.  And, what the heck is a SaaS “unicorn”? In his article on OpenView – Why SaaS Companies Are Moving […]

Uber introduces exact upfront fares in Romania | Business Review

Uber introduces exact upfront fares in Romania | Business Review

Uber has announced that it will introduce upfront pricing in Romania starting on Wednesday, February 14. This means that passengers will be shown the exact fare before requesting a ride – until now, they would only be shown an estimated cost. The price shown in the app will include the distance to the final destination, […]