Tag: Research Paper

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 […]

What Does a Drug Cost? It Depends on Where You Live | The New York Times

What Does a Drug Cost? It Depends on Where You Live | The New York Times

What you pay at the pharmacy for generic drugs can vary widely based on where you live, according to a new analysis by the consumer website GoodRx. The study, which looked at 500 commonly used drugs in 30 American cities, highlights just how unpredictable drug prices can be. The cost of common drugs like the […]

Drugmakers defy Trump’s call to drop prices | POLITICO

Drugmakers defy Trump’s call to drop prices | POLITICO

President Donald Trump in May said that drugmakers would soon announce “massive” price cuts, and his administration rolled out a plan to bring down the cost of medicines. But the companies don’t appear to have gotten that message. Bayer raised the price of two cancer drugs by hundreds of dollars in May and Novartis followed […]

Doctors should know the cost of the drugs they prescribe, but most don’t | Dallas News

Doctors should know the cost of the drugs they prescribe, but most don’t | Dallas News

On July 1, more than 30,000 new doctors will begin medical residency and have the honor of serving patients across the spectrum of health care. I am one of them. And I’m concerned that we will contribute to the $750 billion epidemic of excessive health care spending, according to a 2012 Institute of Medicine report, and risk […]

St. Cloud Regional partners with MDsave to bring price transparency | Orlando Sentinel

St. Cloud Regional partners with MDsave to bring price transparency | Orlando Sentinel

MDsave is an online healthcare marketplace that offers patients prices that are pre-negotiated with individual doctors or hospitals. Patients can search by their geography and procedure, provider, specialty or disease to find the pricing offered by MDsave. Patients then choose the best option, add it to the cart and check out online. The price includes […]

Jeff Bezos Just Did Trump a Big, Big Favor on Drug Pricing | ThinkAdvisor

Jeff Bezos Just Did Trump a Big, Big Favor on Drug Pricing | ThinkAdvisor

Amazon.com Inc. entered the U.S. drug business with a big splash on Thursday. With the acquisition of online pharmacy PillPack, a Boston startup that has regulatory approval to deliver medicines throughout the country, the retail giant is taking its price-chopping, consumer-friendly approach to prescription drugs. “Their scale will allow them to negotiate prices in a […]

Senate pushes for stronger drug-pricing policy than Trump proposal | Modern Healthcare

Senate pushes for stronger drug-pricing policy than Trump proposal | Modern Healthcare

Members of the Senate Finance Committee on Tuesday called on the Trump administration to use stronger tactics to curb high drug prices than its tempered strategy unveiled last month. In its first hearing on the White House’s drug pricing blueprint, lawmakers on both sides of the aisle pushed for price controls and broad-strokes negotiation. The […]

Opinion | Why Competition Won’t Bring Down Drug Prices | The New York Times

Opinion | Why Competition Won’t Bring Down Drug Prices | The New York Times

Martin Shkreli is in prison, but Daraprim still costs $750 per pill. Heather Bresch was hauled before Congress, but EpiPens still cost three to six times more than they did in 2007. Every week we hear of a new outrageous drug price increase. In polls, some 80 percent of Americans say that government should do […]

The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured | Health Care Pricing Project

The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured | Health Care Pricing Project

Abstract: We use insurance claims data covering 28 percent of individuals with employer-sponsored health insurance in the US to study the variation in health spending on the privately insured, examine the structure of insurer-hospital contracts, and analyze the variation in hospital prices across the nation. Health spending per privately insured beneficiary differs by a factor […]

Robust Dynamic Pricing with Two Substitutable Products | Manufacturing & Service Operations Management

Robust Dynamic Pricing with Two Substitutable Products | Manufacturing & Service Operations Management

We consider a practical dynamic pricing problem with two substitutable products involving a number of business rules commonly seen in practice. Demand substitution exists between the two products (interproduct substitution) and may also exist across different time periods (intertemporal substitution). However, there is limited demand information such that the underlying probability distributions of the demand […]