Tag: Pricing Policies

Maryland health regulator expands hospital price transparency efforts | FierceHealthcare

Maryland health regulator expands hospital price transparency efforts | FierceHealthcare

The Maryland Health Care Commission is expanding its price transparency initiative with tools aimed at getting consumers pushing for information about cost and quality directly from hospitals and doctors. Launched last fall, the MHCC’s “Wear the Cost” initiative provides prices at Maryland hospitals for common nonemergent procedures including hip replacements, knee replacements, hysterectomies and vaginal births to allow residents see the differences […]

Changing The Way Medicare Pays Doctors | Forbes

Changing The Way Medicare Pays Doctors | Forbes

Cutting the reward money But small physician practices and even larger groups with few Medicare patients may opt out of the new payment system.  CMS is also said it wants to experiment with excluding physicians in Medicare Advantage managed care plans from MIPs participation. As a result, reports the online journal Modern Healthcare, the amount […]

Price caps for airlines complicated but minor issue, says CIMB Research | The Star Online

Price caps for airlines complicated but minor issue, says CIMB Research | The Star Online

CIMB Research believes that the price caps are likely to be set quite high, because 1) a low-price cap will hurt Malaysia Airlines (MAS) and Malindo more, as their airfares are typically higher than AirAsia ‘s, and 2) it is not in the interests of Mavcom to drive MAS and Malindo out of business, since […]

Trump’s Drug Plan Picks Up Momentum as Merck Lowers Some Prices | Bloomberg

Trump’s Drug Plan Picks Up Momentum as Merck Lowers Some Prices | Bloomberg

The Trump administration moved swiftly in the past 24 hours to implement pieces of its plan to bring down drug prices, preparing several significant steps as one of the biggest U.S. drugmakers said it would bring down the cost of some medicines. The Health and Human Services Department on Wednesday night submitted a proposal to […]

All-Payers Claims Databases May Increase Healthcare Price Transparency | Health Payer Intelligence

All-Payers Claims Databases May Increase Healthcare Price Transparency | Health Payer Intelligence

July 18, 2018 – Leveraging the data of all-payers claims databases (APCDs) could improve healthcare price transparency for consumers, according to testimony presented at a House Energy and Commerce Committee hearing. Jamie S. King, a professor at the USC Hastings College of Law, told the committee that APCDs could address price transparency challenges if stakeholders use […]

Blueprint to Lower Drug Prices could offer a way forward in fight against mushrooming costs | TheHill

Blueprint to Lower Drug Prices could offer a way forward in fight against mushrooming costs | TheHill

At a hearing before the Senate Finance Committee last month, Sen. Sherrod Brown (D-Ohio) asked Health and Human Services Secretary Alex Azar if he agreed “that there are scenarios where pharmaceutical companies increase the list price of their product and price-gouge consumers for no reason other than to increase their profit margin?” Secretary Azar’s response […]

Hidden Room, Secret Prices Give Way as Gagosian Embraces the Web | Bloomberg

Hidden Room, Secret Prices Give Way as Gagosian Embraces the Web | Bloomberg

Bucking a longtime practice of not disclosing prices, Gagosian publicly listed them for 10 artworks at its inaugural “Online Viewing Room” during Art Basel last month. Five pieces sold for a total of $2 million, with individual prices as high as 950,000 euros ($1.1 million) for a painting by Albert Oehlen. The site was viewed […]

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

ICIS Announces Further Moves Towards Mexico Price Transparency | PR Newswire

Price indications for notional two, three and five year contracts for potential power transactions on Mexico’s MEM wholesale power market were included in the flagship Mexico Energy Report publication on 11 July in addition to the one-year contract already included. The survey results show that a two-year contract for the Valle de Mexico Norte node, […]

Drug prices rise, as pharma prospers from tax law, group argues | STAT

Drug prices rise, as pharma prospers from tax law, group argues | STAT

WASHINGTON — A tax policy group here is trying to rally outrage over last year’s Republican-backed tax cut by pointing to one of its main beneficiaries: the pharmaceutical industry. Americans for Tax Fairness, a coalition of left-leaning groups that advocate for placing a heavier tax burden on corporations and the wealthy, said in a report […]

Pfizer’s Logical Approach to Price Increases | Strategic Pricing Solutions

Pfizer’s Logical Approach to Price Increases | Strategic Pricing Solutions

Last week Pfizer announced increases in the list prices of more than 40 drugs for the second time within the year.  The increases average 9.4%.  Although there could be some political backlash, the pricing strategy is logical.  Pfizer is recognizing their pricing power, they are incorporating buyer psychology into their process, and they are taking […]