OnDemand WTP Pricing Research

Tag: rebate management

Hospitals May Have To Report Prices Negotiated With The Insurers | TricksTrend

Hospitals May Have To Report Prices Negotiated With The Insurers | TricksTrend

As per some reliable sources, the Trump administration has proposed a rule where the hospitals need to publicize the negotiated prices with the insurers. The decision intends to promote price transparency and allows customers to benefit from healthcare services. The Director of outreach and public affairs quoted that it is a huge step towards true […]

Hospital price lists not a ‘silver bullet,’ but first step toward empowering patients | cleveland.com

Hospital price lists not a ‘silver bullet,’ but first step toward empowering patients | cleveland.com

CLEVELAND, Ohio – A recent requirement for more transparency in hospital pricing could be the first step in transforming the healthcare industry into a consumer-driven one, making shopping for a procedure more like buying a house or a car. Under new federal regulations, hospitals have to post a list of service prices, called chargemasters, on […]

San Antonio Hospitals’ Price Lists May Leave Consumers With More Questions Than Answers | Rivard Report

San Antonio Hospitals’ Price Lists May Leave Consumers With More Questions Than Answers | Rivard Report

You need your knee replaced and want to know how much it’s going to cost. Price information is out there, but deciphering it may not be easy. To comply with a new federal law, San Antonio hospitals have posted the prices for services and procedures for everything from a semi-private room to surgical screws to […]

Price transparency creates competition, CMS chief says | Hospital CFO Report

Price transparency creates competition, CMS chief says | Hospital CFO Report

Amid rising healthcare costs, CMS Administrator Seema Verma said the industry must address price transparency. “Simply put, hidden pricing means healthcare providers don’t have to compete on cost. Transparency creates competition, and competition keeps prices down, because patients can shop,” Ms. Verma said at the Federation of American Hospitals 2019 Public Policy Conference this month. […]

Trump Administration Targets ‘Secretive Nature’ of Health Care Pricing | The New York Times

Trump Administration Targets ‘Secretive Nature’ of Health Care Pricing | The New York Times

WASHINGTON — Attacking “the secretive nature of pricing in the health care market,” the Trump administration said this week that it wanted to require public disclosure of the rates that doctors and hospitals negotiate with health insurance companies. “Patients have a right to price information” before they receive care, the administration said. Disclosure of the […]

Dutch join backlash at expensive drugs by making their own | Reuters

Dutch join backlash at expensive drugs by making their own | Reuters

The Dutch hospital has been offering it to patients for more than a decade at 16,000 euros ($18,000) for one course of treatments. Drug firm Novartis, which in 2018 acquired rights to sell it in Europe, is asking more than five times that for its proprietary version, Lutathera. Thomasa is part of a protest against […]

States Pass Fewer Drug Manufacturer Pricing Disclosure Laws in 2018 | JDSupra

States Pass Fewer Drug Manufacturer Pricing Disclosure Laws in 2018 | JDSupra

While the introduction of state legislation that would require drug manufacturers to disclose pricing and other information did not slow down in 2018, the number of bills that were made law did slow down. During 2018, 22 state legislatures considered bills seeking to require drug manufacturers to disclose pricing information; however, most of the legislation […]

Study: Prescription costs just depends on where you shop | Boston Business Journal

Study: Prescription costs just depends on where you shop | Boston Business Journal

As local lawmakers seek to rein in prescription drug prices, a new study by a Massachusetts consumer protection group is shedding light on how expensive the problem may be. According to a study released this month by MASSPIRG, consumers are paying vastly different prices for the same prescription drug depending on which pharmacy they shop […]

Prescription Drug Pricing Hearing: Is The Senate Probing In The Wrong Place? | Forbes

Prescription Drug Pricing Hearing: Is The Senate Probing In The Wrong Place? | Forbes

The media has constructed a straw man of sorts when repeating the mantra of the “relentless rise of prescription drug prices.” That growth has not been so relentless in recent years. This is due in large part to the increased pressure on net prices as a result of rebates. So while list prices exhibit an […]

Lilly takes a leaf out of Mylan’s book to defuse insulin price complaints | Evaluate

Lilly takes a leaf out of Mylan’s book to defuse insulin price complaints | Evaluate

Lilly’s chief executive, David Ricks, was not one of the seven biopharma heads who testified on high drug prices before a US Senate committee last week, but it appears that he is getting the message. The group announced the launch of a half-priced authorised generic version of its insulin analogue Humalog in an apparent response to […]