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Tag: Strategic Pricing

‘We’re Fighting For Our Lives’ — Patients Protest Sky-High Insulin Prices | NPR

‘We’re Fighting For Our Lives’ — Patients Protest Sky-High Insulin Prices | NPR

Last year, Lautner noticed other people with Type 1 diabetes tweeting similar stories under the hashtag #Insulin4All. She read the stories of Shane Patrick Boyle and Alec Raeshawn Smith, two men who died because they could not afford their insulin. It was an epiphany. “I thought, ‘My goodness, there’s more people than me. I’m not […]

CVS to try new drug pricing strategy amid new federal pressure over Aetna deal | Washington Examiner

CVS to try new drug pricing strategy amid new federal pressure over Aetna deal | Washington Examiner

CVS Health’s new pricing model will enable clients, which often are corporations and other large business entities, “to clearly see the net cost of their pharmacy benefit and select their PBM provider based on that criteria,” President Derica Rice said in a statement. “We see a real opportunity to offer clients a simpler economic model.” […]

MDM Classics: Grainger’s Pricing Woes | Modern Distribution Management

MDM Classics: Grainger’s Pricing Woes | Modern Distribution Management

W.W. Grainger is recognized as a leader in distribution e-commerce, but in 2017 the company realized that its traditional list price model might be deterring potential customers. In one of MDM’s most popular Premium articles of last year, Lee Nyari, managing partner of The Innovative Pricing Group, a consultancy offering strategic price management solutions for distributors, reported on Grainger’s […]

Forbes Healthcare Summit Sparks Conversations About Pricing, Innovation in Pharma | BioSpace

Forbes Healthcare Summit Sparks Conversations About Pricing, Innovation in Pharma | BioSpace

Another point that was raised during the summit was what the future neighborhood drugstore may look like. Larry Murlow, CEO of CVS, said that the retail space of the neighborhood stores will likely be dedicated to other services in the future as it moves to change the healthcare model. Murlow suggested that the future drugstore won’t […]

Could retroactive DIR fees become a thing of the past? | American Pharmacists Association

Could retroactive DIR fees become a thing of the past? | American Pharmacists Association

Under CMS proposed rule, price concessions would be reflected at point of sale APhA and other pharmacy groups hailed a CMS proposed rule that, if finalized, would pass drug price concessions directly to Medicare Advantage (MA) and Part D beneficiaries at the pharmacy counter. The proposed rule would account for pharmacy price concessions, also known […]

Price Transparency at the Point of Care Boosts Patient Savings and Prescriber Efficiency | Business Wire

Price Transparency at the Point of Care Boosts Patient Savings and Prescriber Efficiency | Business Wire

ARLINGTON, Va.–(BUSINESS WIRE)–Surescripts released new data revealing the significant impact of its benefit optimization tools, which have realized measurable cost and time savings for patients and providers. Prescribers utilizing Surescripts Real-Time Prescription Benefit saved patients as much as $8,032 in out-of-pocket costs on a single prescription. Further, when prescribing a medication requiring a prior authorization […]

How price transparency could affect anesthesia practices — 5 takeaways | Becker’s ASC Review

How price transparency could affect anesthesia practices — 5 takeaways | Becker’s ASC Review

As the federal government pushes for increased price transparency, anesthesia practices should prepare to see volume changes at their facilities, according to Anesthesia Business Consultants President and CEO Tony Mira. Here are five takeaways: 1. With patients’ out-of-pocket costs growing, the federal government has made price transparency a top priority. … 4. With this tool, […]

GOP balks at Trump drug pricing plan | TheHill

GOP balks at Trump drug pricing plan | TheHill

Republican opposition is building to a proposal from President Trump to lower drug prices in Medicare. The rare break between Trump and Republican allies follows an aggressive step from the president in October that would tie certain Medicare drug prices to lower prices in other countries, a departure from the traditional GOP position. A coalition of […]

Spotlight on drug pricing could be catalyst for change in US biosimilar landscape | Endpoints News

Spotlight on drug pricing could be catalyst for change in US biosimilar landscape | Endpoints News

While biosim­i­lar mak­ers have long es­tab­lished them­selves in Eu­rope, only a few copy­cat ver­sions of bi­o­log­ics have launched in the nascent US mar­ket, which is be­gin­ning to show signs of ma­tur­ing, but is com­pli­cated by a re­im­burse­ment land­scape frac­tured by mul­ti­ple play­ers. The spot­light on drug pric­ing, how­ever, may at long last pro­vide the cat­a­lyst for […]

HHS implements long-awaited 340B drug price transparency rule | Healthcare Finance News

HHS implements long-awaited 340B drug price transparency rule | Healthcare Finance News

The Department of Health and Human Services will implement the long-delayed final rule for enforcing 340B drug ceiling price transparency, on January 1, 2019. The rule directs pharmaceutical manufacturers participating in the 340B drug pricing program to disclose the maximum per unit ceiling price that can be charged to 340B hospitals. Enforcement will be maintained […]