OnDemand WTP Pricing Research

Tag: Strategic Pricing

Despite cap on pricing import of medical devices rises | Rediff.com

Despite cap on pricing import of medical devices rises | Rediff.com

For items that are under price control, such as cardiac stents, imports have not slowed down. Of the two product categories that include stents as items of import, one grew 35 per cent to Rs 1,610 crore, while another grew marginally (1 per cent) to Rs 289.7 crore. Knee implant, another item under price control, […]

White House vets foreign drug pricing idea; Trump creates Right to Try confusion | S&P Global Market Intelligence

White House vets foreign drug pricing idea; Trump creates Right to Try confusion | S&P Global Market Intelligence

Health and Human Services has sent its proposal to test an international drug pricing index model to the White House Office of Management and Budget for review, signaling the administration is serious about pursuing the idea. The administration in October 2018 initially issued an advance notice of proposed rulemaking — a bureaucratic mechanism used to […]

Merck CEO sees legal challenge if U.S. adopts drug pricing based on other countries | Reuters

Merck CEO sees legal challenge if U.S. adopts drug pricing based on other countries | Reuters

NEW YORK (Reuters) – Merck & Co Chief Executive Ken Frazier said on Thursday a rule to base the price the U.S. government pays for some prescription drugs in it Medicare program on lower prices in other countries would face legal challenges if adopted. FILE PHOTO: Ken Frazier, Chairman and CEO, Merck & Co., speaks […]

What Bluebird Bio Gets Wrong In Pricing For Its $1.8 Million Drug | Forbes

What Bluebird Bio Gets Wrong In Pricing For Its $1.8 Million Drug | Forbes

Beta thalassemia is a blood disorder that reduces the production of hemoglobin, the key iron-containing protein essential for the transport of oxygen to cells throughout the body. The diminished flow of oxygen causes weakness, fatigue, slow growth, bone abnormalities, and other serious complications. Affected individuals with severe symptoms require frequent blood transfusions in order to […]

Harnessing Big Data For Better Pricing Results | Professional Pricing Society

Harnessing Big Data For Better Pricing Results | Professional Pricing Society

Pricing strategies, like big data, can be key to improving profits in business. According to a study conducted by McKinsey & Company, even a 1 percent price increase can translate into an 8.7 percent boost in operating profits (assuming no loss of volume). However, companies continue to fail to price their products and services appropriately, […]

Big physician network signs onto state treasurer’s pricing program | Laurinburg Exchange

Big physician network signs onto state treasurer’s pricing program | Laurinburg Exchange

RALEIGH — State Treasurer Dale Folwell has reeled in a big fish. With a deadline just 13 days away, Community Care Physician Network, North Carolina’s largest network of independent physician clinics, announced Monday it signed on to the State Health Plan’s cost-cutting Clear Pricing Project. Community Care Physician Network is associated with 2,500 primary care […]

Consumer-Focused Pricing Strategies Lacking | HealthLeaders Media

Consumer-Focused Pricing Strategies Lacking | HealthLeaders Media

A new report shows 12% percent of organizations offer no pricing transparency options at all. Hospitals and health systems are neglecting price transparency and market-driven pricing strategies, finds a survey of more than 200 executives. Kaufman Hall’s report, 2019 State of Consumerism in Healthcare: The Bar Is Rising, finds that 12% percent of organizations offer […]

HHS sued by pharma over rule on prices in ads | POLITICO

HHS sued by pharma over rule on prices in ads | POLITICO

HHS SUED OVER DRUG-PRICE RULE — Drugmakers and advertisers on Friday sued the agency over requirements that list prices be included in direct-to-consumer drug ads, saying the rule violated their freedom of speech and could discourage patients from taking needed medicines. — What pharma companies and ad makers allege: Merck, Eli Lilly, Amgen and the […]

House Democrats’ internal feud over prescription drug prices, explained | Vox

House Democrats’ internal feud over prescription drug prices, explained | Vox

The United States has some of the highest prescription drug prices in the world, and this summer, Democratic House leadership will unveil a plan to fix that — though questions remain about just how effective this measure will be. Reducing prescription drug prices was a key plank of House Democrats’ platform during the 2018 midterms. […]

Patients agree with list prices in drug ads—even if they don’t like them, survey finds | FiercePharma

Patients agree with list prices in drug ads—even if they don’t like them, survey finds | FiercePharma

Politicians, trade groups, lobbyists and even doctors have weighed in on the new Trump administration rule requiring drug list prices in TV ads. But what do patients think? Thumbs up, mostly, according to a survey by WeGo Health. The company checked in with 550 influential patients and found the majority value drug price transparency and the new […]