Tag: Transparent Pricing

11 ASCs embracing price transparency | Becker’s ASC Review

11 ASCs embracing price transparency | Becker’s ASC Review

Here are 11 surgery centers with prices posted online for their procedures. Boulder (Colo.) Surgery Center. Boulder Surgery Center provides estimates for the 25 most commonly performed procedures on its website. The prices don’t apply to patients covered by health insurance. Healthcare providers are required by Colorado’s Transparency in Healthcare Pricing Act of 2017 to […]

Senators Focus on Hospital Drug Discount Program | Medpage Today

Senators Focus on Hospital Drug Discount Program | Medpage Today

WASHINGTON — The 340B discount program for prescription drugs used by safety-net hospitals needs better government oversight, several watchdog agency officials said at a Senate hearing. Although the Health Resources and Services Administration (HRSA), which oversees the program, has taken some important steps to improve oversight, “a number of important issues remain,” said Debra Draper, […]

How reconsidering pricing strategy could help save more hepatitis C patients | Becker’s Hospital Review

How reconsidering pricing strategy could help save more hepatitis C patients | Becker’s Hospital Review

Hepatitis C treatment experts are recommending a revised pricing strategy implemented at the state level that could help a greater number of affected patients access the treatment, according to a report published in Annals of Internal Medicine. “These innovative therapies can cure hepatitis C, but the high costs put them out of reach for the […]

Vermont becomes first state to permit drug imports from Canada | POLITICO

Vermont becomes first state to permit drug imports from Canada | POLITICO

Vermont Republican Gov. Phil Scott Wednesday signed legislation making his state the first to legalize importing prescription drugs from Canada, an idea President Donald Trump’s top health officials oppose that’s also drawn fierce opposition from the pharmaceutical industry. A spokeswoman for Scott said he signed the bill Wednesday morning. The measure had overwhelming support in […]

Trump tries to break America’s addiction to high drug prices | Washington Examiner

Trump tries to break America’s addiction to high drug prices | Washington Examiner

President Trump, like former President Barack Obama, campaigned on the promise of taking on high drug prices. Trump, unlike Obama, is actually trying to keep that promise. The White House and the Department of Health and Human Services in recent days rolled out dozens of policies, which, if enacted, will lower the market prices we […]

Drug price ‘gag clauses’ make your medicine more expensive. Now, they’re under fire nationally | Philly

Drug price ‘gag clauses’ make your medicine more expensive. Now, they’re under fire nationally | Philly

Nancy Gordon is a retired insurance agent, fluent in health-care industry jargon, and even she can’t make sense of the prices she pays for prescription drugs. Last year, a three-month supply of Eliquis, which prevents blood clots, cost from $116 to $466 through her Medicare Part D prescription plan. The 75-year-old Philadelphia resident was thrilled […]

Who Benefits From Transparent Pricing? | INSEAD Knowledge

Who Benefits From Transparent Pricing? | INSEAD Knowledge

Price opacity used to be the norm, but the arrival of the internet – with mass information sharing and price comparison sites – changed the consumer world for good. In the B2C world, consumers can find the cheapest deal with just web access and a bit of time. Although the B2B realm is somewhat more […]

Trump lays out plan to slash drug costs | Chemistry World

Trump lays out plan to slash drug costs | Chemistry World

The US pharmaceutical industry has concerns about President Trump’s blueprint to address the high cost of medicines in America, unveiled in a speech in the White House’s iconic Rose Garden on 11 May. The administration’s new strategy explicitly targets ‘excessively high drug prices, foreign freeloading, and a system rigged to reward list price increases’. The […]

Trump’s drug pricing plan pushes for increased price transparency, greater use of generics  | FierceHealthcare

Trump’s drug pricing plan pushes for increased price transparency, greater use of generics  | FierceHealthcare

Price transparency an immediate focus The Department of Health and Human Services has more than 50 actions in the works to address the drug pricing issue, said Secretary Alex Azar. For example, Azar said he has directed the FDA to investigate ways to improve price transparency around drugs, including listing the prices of brand-name medications […]

Drug price confusion: Trump talks big, but can he deliver? | AEI

Drug price confusion: Trump talks big, but can he deliver? | AEI

In his usual fashion he could draw some superficial or highly specific (and hence meaningless) price reductions by a Twitter storm against various EU nations. But to really have an impact he’d have to work in concert with manufacturers and support their withholding product sales into EU until higher prices were paid. It is both […]