OnDemand WTP Pricing Research

Tag: Study

Reverse Reference Pricing: Rewarding Patients For Reducing Medicare Costs | Health Affairs

Reverse Reference Pricing: Rewarding Patients For Reducing Medicare Costs | Health Affairs

Prices for health care services vary significantly, not only across markets but also within markets across settings of care. For example, the same services or care received in hospital outpatient departments (HOPDs) can cost several times as much as care received in ambulatory surgery centers (ASCs), with no difference in quality. This significant variation in […]

Three Tips To Set The Price Point For Your Product Or Service | Entrepreneur

Three Tips To Set The Price Point For Your Product Or Service | Entrepreneur

Setting the price point for your product or service is one of the biggest obstacles to success when starting a business. You could have the best offering in the world, but without charging the right amount you will either lose money or lose customers. Either way, you’ll be out of business before you know it. Here are […]

Uber and Lyft Drivers Manipulate Surge Pricing | The Drive

Uber and Lyft Drivers Manipulate Surge Pricing | The Drive

Lyft went public. Then Uber. Measures meant to illustrate that the rideshare companies were ready to leave the security of Silicon Valley and enter reality. Yet, the two IPOs fell flat on their respective faces. Each company’s stock price has tumbled and investors have quickly realized that an ever-growing ridership doesn’t necessarily equate to a […]

Uber and Lyft drivers at a DC airport trigger surge pricing by turning off apps at the same time | Daily Mail Online

Uber and Lyft drivers at a DC airport trigger surge pricing by turning off apps at the same time | Daily Mail Online

Drivers for Uber and Lyft admit to manipulating the ride sharing apps so that customers will have to pay for a price surge. A group of up to 150 drivers routinely use the trick while waiting in the parking lot for passengers at Reagan National Airport in Arlington, Virginia. The drivers artificially inflate the fare […]

Lower pay and higher costs: The downside of Lyft’s car rental program | Los Angeles Times

Lower pay and higher costs: The downside of Lyft’s car rental program | Los Angeles Times

McNeill wrote that the company is expanding the program, hoping to increase driver earnings by offering fuel-efficient cars. “Someone wanting to drive with Lyft can rent a car for as little as a week and return it, if things didn’t work out,” Lyft spokesman Eric Smith said in a statement. “We’re proud to be able […]

AB InBev Beer Pricing Fine Exposes Problem With EU Market | Bloomberg

AB InBev Beer Pricing Fine Exposes Problem With EU Market | Bloomberg

If you’ve ever wondered why beer prices diverge so widely across Europe — from as little as 60 euro cents ($0.67) for a half-liter bottle of a local brew in the Czech Republic to 2.1 euros and more in Ireland — the European Commission’s decision this week to fine Anheuser-Busch InBev NV provides an important answer. […]

Employers Cut Health Plan Costs with Reference-Based Pricing | SHRM

Employers Cut Health Plan Costs with Reference-Based Pricing | SHRM

he U.S. health care system is notorious for its lack of price transparency. Some self-insured employers are responding by using reference-based pricing (RBP) with doctors and hospitals—in effect, setting their own prices for health care services. RBP is a cost-containment strategy that pays doctors, labs, clinics and hospitals a percentage of an established benchmark. Most […]

Webinar: Successful Price Increases using Market Insights | PriceBeam

Webinar: Successful Price Increases using Market Insights | PriceBeam

Digitalization is everywhere of course. But whereas some industries are 100% digital from birth, others are still transforming from traditional consumer or industrial products to more of a digital service industry. Regardless of where your industry and company is on the digitalization path, pricing practices are severely impacted. Digitalization means increased transparency, more information,  as well […]

Private Health Plans Pay Hospitals 241% of What Medicare Would Pay | RAND

Private Health Plans Pay Hospitals 241% of What Medicare Would Pay | RAND

An examination of U.S. hospital prices covering 25 states shows that in 2017, the prices paid to hospitals for privately insured patients averaged 241% of what Medicare would have paid, with wide variation in prices among states, according to a new RAND Corporation study. Some states (Kentucky, Michigan, New York, and Pennsylvania) had average relative […]

Medicare could save $73B by matching drug prices of other countries, study says | Becker’s Hospital Review

Medicare could save $73B by matching drug prices of other countries, study says | Becker’s Hospital Review

By using external reference pricing to match U.S. drug prices to those in Japan, the U.K. or Canada,  Medicare could have saved nearly $73 billion in 2018, according to a new study published in Health Affairs. Five things to know: 1. For the study, researchers analyzed 79 medicines that Medicare Part D spent the most on […]