Tag: Strategic Pricing

Pricing formula, a vital need says Pharma industry chief | Sunday Observer

Pricing formula, a vital need says Pharma industry chief | Sunday Observer

A pricing formula ultimately benefits the consumers by ensuring that the brands they wish to buy will be available on the shelf, and making it sustainable to import it. It will also ensure that the quality of medicines will not be compromised, says President of the Sri Lanka Chamber of Pharmaceutical Industry (SLCPI), Shyam Sathasivam. […]

Cost-effectiveness doubts could hit Shire’s Takhzyro launch | Evaluate

Cost-effectiveness doubts could hit Shire’s Takhzyro launch | Evaluate

Vertex’s cystic fibrosis therapies can step aside – there are some new contenders for the dubious honour of being the least cost-effective drug. An analysis by the US Institute for Clinical and Economic Review (Icer) has concluded that Shire’s hereditary angioedema drugs Cinryze and Takhzyro are among the priciest it has ever evaluated. This could be […]

Trump Signs Law To Lower Drug Prices, Ends Gag Orders Against Pharmacists | The Western Journal

Trump Signs Law To Lower Drug Prices, Ends Gag Orders Against Pharmacists | The Western Journal

President Donald Trump signed a law that ends insurance companies’ pharmacist gag clauses in an effort to lower drug prices Wednesday. “If there’s anything bipartisan it’s lowering drug prices,” Trump said while signing the Patients’ Right To Know Drug Prices Act according to CBS News. Currently, insurers and pharmacy benefit managers use the gag clauses to “forbid […]

Trump signs bills aimed at increasing drug price transparency | CNNPolitics

Trump signs bills aimed at increasing drug price transparency | CNNPolitics

Washington (CNN) – President Donald Trump signed two pieces of legislation into law on Wednesday that aim to inform consumers about drug prices. Both measures, the Know the Lowest Price Act and the Patient Right to Know Drug Prices Act, aim to end the drug industry’s so-called gag orders of pharmacists, which prevent them from […]

eBay Reverses Unpopular Markdown Pricing Policy for Now | eCommerce Bytes

eBay Reverses Unpopular Markdown Pricing Policy for Now | eCommerce Bytes

eBay reversed an unpopular pricing policy that limited sellers who use its Markdown Manager tool. Don’t look for an announcement on the seller board, however – it was posted by an eBay moderator when sellers discussed the issue on the company’s forums on Monday. The initial policy restricted sellers when creating a markdown sale event […]

The exciting new idea hospitals have to bring down drug prices | Vox

The exciting new idea hospitals have to bring down drug prices | Vox

Let’s talk about an unambiguously interesting, promising, and maybe even downright good piece of health care news you might have missed: A group of hospitals is banding together to produce cheap generic drugs to fight off egregious price hikes and drug shortages. The not-for-profit venture is called Civica Rx, and the company announced itself last […]

Intermountain’s Liljenquist on price transparency, insulin and having 3 brothers with diabetes | Healthcare Dive

Intermountain’s Liljenquist on price transparency, insulin and having 3 brothers with diabetes | Healthcare Dive

As Intermountain Healthcare looks to upend the status quo by launching its own generic drug manufacturing firm, the health system is hoping the deal forces more transparency in the industry. Healthcare Dive chatted with Dan Liljenquist, the man leading the charge behind Civica Rx, about the status of the nonprofit drug venture as it looks to […]

A Tough Negotiator Proves Employers Can Bargain Down Health Care Prices | WUTC

A Tough Negotiator Proves Employers Can Bargain Down Health Care Prices | WUTC

A showdown with Montana’s hospitals Bartlett arrived in Helena, the state capital, in fall 2014 as an outsider navigating a minefield of established relationships. From the start, she knew she would have to tackle the staggering bills from the state’s hospitals, which made up the largest chunk of the plan’s expenses. It wouldn’t be popular […]

CMS Clarifies Healthcare Price Transparency Rules for Hospitals | RevCycle Intelligence

CMS Clarifies Healthcare Price Transparency Rules for Hospitals | RevCycle Intelligence

October 01, 2018 – CMS recently expanded on new healthcare price transparency requirements for hospitals in a series of frequently asked questions (FAQs) published on its website. The FAQs cover which hospitals are subject to the new requirements, the definition of machine-readable, and what items and services furnished at the hospital must be included on the […]

Report highlights significant variation in healthcare costs | Augusta Free Press

Report highlights significant variation in healthcare costs | Augusta Free Press

Unlike insurers and employers, those without health insurance have very little information to help to negotiate costs.  On VHI’s website, consumers can gain leverage by using the average amount health insurance companies approve.  “With the release of the 2016 Healthcare Pricing Transparency report, VHI continues to serve as an unbiased resource for consumers trying to […]