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Tag: Pricing Science

Donald Trump says ‘favored-nations clause’ on drug prices is on its way | UPI

Donald Trump says ‘favored-nations clause’ on drug prices is on its way | UPI

July 5 (UPI) — President Donald Trump on Friday said his administration intends to announce a plan to decrease prescription drug costs based on the lowest price other countries pay. He called it a “favored-nations clause.” “As you know, for years and years, other nations paid less for drugs than we do,” he told reporters […]

Five Questions About Price Transparency [Video] | AAF

Five Questions About Price Transparency [Video] | AAF

This week, Christopher Holt explains in a brief video the intention behind encouraging price transparency in health care — as well as the challenges that come with such transparency. CHART REVIEW Tara O’Neill Hayes, Deputy Director of Health Care Policy Congress is considering reforms to the Medicare Part D benefit structure, including potentially changing the […]

Trump administration preparing drug price executive order | CNBC

Trump administration preparing drug price executive order | CNBC

President Donald Trump said Friday he’s preparing an executive order declaring a “favored nations clause” for drug prices, where the U.S. will pay no more than the country with the lowest prescription drug prices. “As you know for years and years other nations pay less for drugs than we do,” Trump told reporters on the […]

New State Law Aiming To Lower Prescription Drug Prices Takes Effect | CBS Baltimore

New State Law Aiming To Lower Prescription Drug Prices Takes Effect | CBS Baltimore

BALTIMORE (WJZ) — A state law taking effect in Maryland Monday will take on large pharmaceutical companies by creating a prescription drug affordability board tasked with tackling rising prescription costs. Board members will be fighting to make prescription drugs more affordable in the state, including putting a cap on prices for some medications. The law […]

Autos and Taxis will get a fair hike, Ola/Uber surge pricing to be capped | ThePOST24

Autos and Taxis will get a fair hike, Ola/Uber surge pricing to be capped | ThePOST24

Mumbai Transport will get a major overhaul as the transport department has decided to hike the fare of Autos and Taxi by Rs 2 for both the modes of Mumbai Transport. BEST has already got an approval from its Managing committee and will decrease the minimum fare to ₹ 5 as suggested by BMC Commissioner […]

How Can Providers Support Meaningful Price Transparency for Consumers? | HIT

How Can Providers Support Meaningful Price Transparency for Consumers? | HIT

So, where does consumerism intersect price with transparency? The short answer is “everywhere” and the longer answer shows that most patients remain “passive” consumers of healthcare, especially when the patient is an established and frequent user of services.3 When we think about how this impacts overage consumption of care, patients who have a level of […]

Airfares more than double for India sector from UAE | Khaleej Times

Airfares more than double for India sector from UAE | Khaleej Times

Expat families are busy packing for their vacation starting this weekend as schools close – except that, this time, they feel pinch of the summer airfare hike. With less flights and high demand, ticket fares have skyrocketed up to 50 per cent, according to industry experts, who believe that the situation is mainly driven by […]

Pricing and distribution havoc hits in-destination with rise of OTAs: Klook’s Fan predicts shift to dynamic pricing | WIT

Pricing and distribution havoc hits in-destination with rise of OTAs: Klook’s Fan predicts shift to dynamic pricing | WIT

She added, “I am careful about where I want my brand to be seen. I sell tickets on Google and I pay commission to TripAdvisor because I pay for a booking that comes to me, not like spending on Google Ad Words which is like shooting in the air. If I work with a travel […]

Revenue Leakage: 3 Methods to Revive your Charge Integrity Program | HIT Consultant

Revenue Leakage: 3 Methods to Revive your Charge Integrity Program | HIT Consultant

Certain practices can help ensure that health care providers realize the full benefits of a robust charge integrity program to safeguard compliance and to optimize results. Three proven methods exist to build a successful charge integrity program: 1. Conduct Routine Audits The first step is to evaluate where your current charge integrity program stands. Comprehensive […]

AARP Says Specialty Drug Prices Continue 12-Year Surge | Sierra Sun Times

AARP Says Specialty Drug Prices Continue 12-Year Surge | Sierra Sun Times

June 25, 2019 – WASHINGTON—The prices of widely used specialty prescription drugs grew more than three times faster than general inflation in 2017, according to a new AARP Public Policy Institute report released yesterday. The new report found that the average annual price for a single specialty drug used on a chronic basis is now nearly $79,000, […]