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Tag: Pricing Science

The trick that makes you overspend | BBC Worklife

The trick that makes you overspend | BBC Worklife

When you buy a cup of coffee, you might have noticed that of the three size options – small, medium and large – the medium-sized serving often costs almost as much as the large. Given the apparent bargain, have you ever opted for the biggest and most expensive option? If so, you have been nudged […]

Trump price transparency proposals take long bet on curbing costs | Modern Healthcare

Trump price transparency proposals take long bet on curbing costs | Modern Healthcare

Requiring hospitals to display their insurer-negotiated prices online likely won’t lower healthcare spending in the near term. But economists and other experts say it’s a worthwhile experiment in bringing transparency to one of the few industries in which patients often don’t know the cost of a service before they buy it. The Trump administration earlier […]

Trump And The Senate Make Significant Progress On Hospital Price Transparency | Forbes

Trump And The Senate Make Significant Progress On Hospital Price Transparency | Forbes

For years, observers from across the spectrum have called for more price transparency in health care, especially when it comes to hospitals. Thanks to initiatives from the White House and a key Senate committee, that moment is now close at hand. Proposed rule could revolutionize hospital markets On July 30, the Centers for Medicare and […]

Airfare and Hotel Prices Will Stabilize in 2020, Study Says | Travel Market Report

Airfare and Hotel Prices Will Stabilize in 2020, Study Says | Travel Market Report

After a year of rising airfares and hotel rates, travel industry pricing will level off next year, according to a report conducted by CWT (formerly Carlson Wagonlit Travel) and the Global Business Travel Association. “We believe that prices are set to slow down in 2020,” Christophe Renard, vice president of CWT Solutions, said at a […]

Grubhub CEO Calls Out Delivery Rivals For Price Gouging; Stock Drops 14% On Earnings | Forbes

Grubhub CEO Calls Out Delivery Rivals For Price Gouging; Stock Drops 14% On Earnings | Forbes

Grubhub CEO Matt Maloney, on the heels of a lukewarm earnings report that pummeled the company’s stock, criticized rivals DoorDash and Postmates for high service fees, extra costs hidden in menu markups and subscription programs he described as “bogus.” “The problem is by egregiously price-gouging consumers, at some point, they will figure it out,” he […]

Pfizer to combine off-patent drug business with Mylan | PHYS.ORG

Pfizer to combine off-patent drug business with Mylan | PHYS.ORG

Pfizer announced Monday it will merge its off-patent drug business with generic drugmaker Mylan to create a global leader in low-cost treatment, a business that faces significant political pressure in the US. The new entity, which will be renamed upon the deal’s closure, will have a portfolio that includes impotence drug Viagra, cholesterol pills Lipitor, […]

Nevada transit authority’s ridesharing program brings in $62,000 in first two months, costs $1.4 million | The Center Square – Nevada

Nevada transit authority’s ridesharing program brings in $62,000 in first two months, costs $1.4 million | The Center Square – Nevada

A ridesharing pilot program launched by the transit authority in southern Nevada has brought in a little more than $62,000 while costing $1.4 million in its first two months. Trip to Strip, launched by the Regional Transportation Commission of Southern Nevada (RTC), seeks to compete with the likes of Uber and Lyft at a time […]

Who wins and who loses when airlines form alliances? | Futurity

Who wins and who loses when airlines form alliances? | Futurity

Passengers who combine two aligned carriers when making an overseas trip will see savings—but those traveling nonstop between international hubs may face higher costs due to lost competition from alliances, a new study shows. “On the pricing side, alliances have both an upside and a downside,” says lead author, Jan Brueckner, professor of economics at […]

Trump proposes hospitals publish prices negotiated with insurers | CNBC

Trump proposes hospitals publish prices negotiated with insurers | CNBC

The Trump administration is proposing a rule that would require hospitals to publish the prices that are negotiated with insurers or risk being fined. The proposed rule, announced Monday, would apply to the roughly 6,000 hospitals that accept Medicare. Hospitals could be fined up to $300 a day if the standard and negotiated prices for […]

How To Achieve Net Negative Churn By Using Value Metrics In Your Pricing | OpenView

How To Achieve Net Negative Churn By Using Value Metrics In Your Pricing | OpenView

Recently, a ChartMogul customer told me, “You know, growing revenue is important to us, but we’re driven by a mission to help as many people as possible. So we have to find that fine balance that allows us to achieve both.” Admittedly, it’s not unexpected to hear that from a team that’s building a meditation […]