Tag: Pricing Analytics

How to set a pricing strategy that works for your business | Channel Pro

How to set a pricing strategy that works for your business | Channel Pro

A clear and consistent pricing strategy is vital for MSPs and VARs A pricing strategy is the method used to price products and services so that the volume sold produces sufficient margin to cover operating expenses as well as enough profit to meet business goals. A clear and consistent pricing strategy is vital for any […]

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, […]

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 […]

NJ Passes Healthcare Price Transparency Law to Stop Surprise Bills | RevCycle Intelligence

NJ Passes Healthcare Price Transparency Law to Stop Surprise Bills | RevCycle Intelligence

New Jersey policymakers intend to alleviate the financial burden of surprise medical bills for emergency services by changing provider medical billing practices. For out-of-network services administered on an “emergency or urgent basis,” the law mandates that providers cannot charge in excess of a patient’s deductible, co-payment, or co-insurance amount applicable to in-network services. Health plans […]

Lawmakers have sights on middlemen blamed for rising drug costs | TheHill

Lawmakers have sights on middlemen blamed for rising drug costs | TheHill

With public outrage growing over the rising costs of prescription drugs, Congress is targeting the middlemen they say are to blame. Specifically, lawmakers are moving to ban “gag clauses” that prohibit pharmacies from telling customers they can save money on a drug if they pay with cash instead of using their health insurance. These clauses […]

MultiBrief: New House bill focuses on Medicare drug price reduction | MultiBriefs

MultiBrief: New House bill focuses on Medicare drug price reduction | MultiBriefs

According to Health and Human Services (HHS) Secretary Alex Azar, “President Trump’s plan to curb drug prices will allow Medicare to negotiate prices in a more aggressive approach.” It is important for Medicare Part D participants to have a level of transparency when it comes to how they are priced for specific drugs that they […]