OnDemand WTP Pricing Research

Tag: Pricing Science

How price transparency could affect anesthesia practices — 5 takeaways | Becker’s ASC Review

How price transparency could affect anesthesia practices — 5 takeaways | Becker’s ASC Review

As the federal government pushes for increased price transparency, anesthesia practices should prepare to see volume changes at their facilities, according to Anesthesia Business Consultants President and CEO Tony Mira. Here are five takeaways: 1. With patients’ out-of-pocket costs growing, the federal government has made price transparency a top priority. … 4. With this tool, […]

GOP balks at Trump drug pricing plan | TheHill

GOP balks at Trump drug pricing plan | TheHill

Republican opposition is building to a proposal from President Trump to lower drug prices in Medicare. The rare break between Trump and Republican allies follows an aggressive step from the president in October that would tie certain Medicare drug prices to lower prices in other countries, a departure from the traditional GOP position. A coalition of […]

Spotlight on drug pricing could be catalyst for change in US biosimilar landscape | Endpoints News

Spotlight on drug pricing could be catalyst for change in US biosimilar landscape | Endpoints News

While biosim­i­lar mak­ers have long es­tab­lished them­selves in Eu­rope, only a few copy­cat ver­sions of bi­o­log­ics have launched in the nascent US mar­ket, which is be­gin­ning to show signs of ma­tur­ing, but is com­pli­cated by a re­im­burse­ment land­scape frac­tured by mul­ti­ple play­ers. The spot­light on drug pric­ing, how­ever, may at long last pro­vide the cat­a­lyst for […]

HHS implements long-awaited 340B drug price transparency rule | Healthcare Finance News

HHS implements long-awaited 340B drug price transparency rule | Healthcare Finance News

The Department of Health and Human Services will implement the long-delayed final rule for enforcing 340B drug ceiling price transparency, on January 1, 2019. The rule directs pharmaceutical manufacturers participating in the 340B drug pricing program to disclose the maximum per unit ceiling price that can be charged to 340B hospitals. Enforcement will be maintained […]

Payless marked up discount shoes to $600 at luxury event ‘Palessi’ | USA Today

Payless marked up discount shoes to $600 at luxury event ‘Palessi’ | USA Today

Troubled discount footwear chain Payless Shoesource may want to change its name. The privately-held Topeka, Kansas-based shoe seller executed the reverse of a bait-and-switch operation recently with a luxury influencer event held in Santa Monica, California. Payless took over a former Armani store, renamed the retail location as “Palessi,” and stocked the outlet with its discount-priced boots, […]

CMS doubles down on Medicare price transparency efforts | Health Data Management

CMS doubles down on Medicare price transparency efforts | Health Data Management

Seema Verma, administrator of the Centers for Medicare and Medicaid Services, wants healthcare providers to improve their cost transparency as patients need to know the price they will pay for their treatments. “Can you imagine going to the grocery store, getting the groceries you need for a week, but never knowing the price of your […]

Why Don’t People Price Shop For Medical Services? | Healthy Magazine

Why Don’t People Price Shop For Medical Services? | Healthy Magazine

The savvy reader may wonder, doesn’t higher price mean better quality? Research suggests that price is not a good predictor of outcome. In fact, many hospitals aren’t aware of how much a procedure actually costs them. They are simply setting the best price they can. It’s a business run on profit, after all. The disconnect […]

Grocers: It’s Time to Disrupt Your ‘Traditional’ Predictive Analytics Approaches | Progressive Grocer

Grocers: It’s Time to Disrupt Your ‘Traditional’ Predictive Analytics Approaches | Progressive Grocer

THE AI APPROACH The AI approach is based on processing all the available data and evaluating the connections and relationships between every single product, which sheds light on the various “ripple” effects – such as cross-category cannibalization/affinity, promotional and price elasticities, and forward-buying – that occur across the entire retailer’s product assortment anytime a decision […]

Better health care price transparency coming soon | Wyoming Business Report

Better health care price transparency coming soon | Wyoming Business Report

SWEETWATER COUNTY — In April the Centers for Medicare and Medicaid Services proposed a new rule requiring hospitals to publish a list of standard charges on their websites. The rule will go into effect on Jan. 1, 2019. The goal of the rule is to “empower patients through better access to hospital price information, improve […]

Trump’s latest drug pricing plan may offer benefits to patients, but faces obstacles | Healio

Trump’s latest drug pricing plan may offer benefits to patients, but faces obstacles | Healio

The Trump administration’s latest effort to reduce drug prices met with generally positive reviews from policy analysts, who also noted the difficult path ahead to put the plan into effect. In a speech in October, President Donald J. Trump unveiled his proposal, the International Pricing Index, which would gradually lower drug payment levels to levels […]