SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Price Transparency

If You Shop at Wal-Mart, You’re Going to Hate Its Latest Anti-Amazon Strategy | Money Morning

If You Shop at Wal-Mart, You’re Going to Hate Its Latest Anti-Amazon Strategy | Money Morning

Wal-Mart Stores Inc. (NYSE:WMT) is ditching its most well-known pricing strategy in an effort to compete with e-commerce leviathan Amazon.com Inc. (Nasdaq: AMZN). To encourage consumers to use Wal-Mart’s app and online store to shop for merchandise, the company has decided to eliminate its price-matching policy at over 800 of its 5,000 stores nationwide – […]

EU tests limits of drug pricing freedom in landmark probe | Reuters

EU tests limits of drug pricing freedom in landmark probe | Reuters

The first ever EU antitrust probe into excessive drug pricing is taking the European pharmaceuticals industry into uncharted territory, unnerving some companies and lawyers worried about the reach of market intervention. It comes as drugmakers face global pressure over the high cost of prescription medicines, with particular anger focused on makers of older generic products […]

New Pain Drug Likely To Face Price Challenges From Payers | Forbes

New Pain Drug Likely To Face Price Challenges From Payers | Forbes

In certain ways, CNTX-4975 is reminiscent of the Epi-Pen. The active component of the later is epinephrine which, like capsaicin, is a drug that’s been known for decades. It’s the injector device, however, and not the drug, that drives Mylan’s proprietary position – and price – for the Epi-Pen. Similarly, the STRATI technology is what […]

Amazon Didn’t Kill JC Penney And Sears Jobs, Bad Leadership Did | Forbes

Amazon Didn’t Kill JC Penney And Sears Jobs, Bad Leadership Did | Forbes

For decades, American retail icons Sears and JCPenney had one thing in common: they’d been serving the middle class working American family with quality merchandise at affordable prices; and providing thousands of jobs for cashiers and sales associates in the process. In the last decade, they developed something else in common: they both distanced themselves […]

Seven ways PE managers can ride the current tough wave | BizCommunity

Seven ways PE managers can ride the current tough wave | BizCommunity

Managing margins Balancing pricing is a difficult business; too low and your margins are eaten away; too high and you lose market share to your competitors. A good manager knows when it would be more worthwhile to increase prices, even if it means a slight decline in volumes. Instead of only focusing on the output, […]

Insulin is too expensive for many of my patients. It doesn’t have to be. | The Washington Post

Insulin is too expensive for many of my patients. It doesn’t have to be. | The Washington Post

A recent paper in the Journal of the American Medical Association found that insulin nearly tripled in cost from 2002 to 2013. A lawsuit filed in January accuses pharmaceutical companies of price collusion for allegedly raising insulin prices repeatedly and in lockstep to match their competitors. Prices have gotten so bad that the American Diabetes Association recently launched an […]

Trump’s new policy to tackle sky-high drug prices makes sense — sort of | Vox

Trump’s new policy to tackle sky-high drug prices makes sense — sort of | Vox

Today, the Trump administration revealed its most comprehensive policy direction on tackling the problem of prescription drug prices — in a brief blog post by the Food and Drug Administration chief Scott Gottlieb. Gottlieb outlined the administration’s “Drug Competition Action Plan,” which will focus on increasing the competition among cheaper (off patent) generic drugs. “Innovation […]

Mallinckrodt Acthar Express Scripts call by Wells Fargo | Business Insider

Mallinckrodt Acthar Express Scripts call by Wells Fargo | Business Insider

Who’s paying what, when, and how? There was a lot of PBM business model talk on Tuesday, at a meeting of the Senate Health, Education, Labor and Pensions. One witness, Dr. Gerard Anderson, a professor at the Johns Hopkins Schools of Public Health and Medicine, said the government should investigate the PBM rebate system, and […]

Nevada forces drugmakers to reveal insulin pricing, profits | Las Vegas Sun Newspaper

Nevada forces drugmakers to reveal insulin pricing, profits | Las Vegas Sun Newspaper

After a long road to passage, Senate Bill 539, which creates transparency in prescription drugs used to treat diabetes, was signed into law by Gov. Brian Sandoval on Thursday. Sandoval vetoed the original bill, in what he called a difficult decision, because of a clause that would have mandated drug makers to provide public notice […]

Trump Administration Prepares a Drug Pricing Executive Order, Sources Say | Bloomberg

Trump Administration Prepares a Drug Pricing Executive Order, Sources Say | Bloomberg

Top health and budget officials in the administration will meet Friday to discuss the issue, according to the people, who asked not to be identified because the session is private. Trump sought recommendations from the nation’s health agencies on reducing medication costs, Health and Human Services Secretary Tom Price told senators last week. One policy […]