Unbiased Analysis of Today's Healthcare Issues

The AMA on value-based drug pricing

The American Medical Association released a statement yesterday in support of value-based pricing of pharmaceuticals. ¬†However, AMA claims that value-based pricing should follow the following core principles. Value-based prices of pharmaceuticals should be determined by objective, independent entities. They also should be evidence-based and the result of valid and reliable inputs and data that incorporate […]

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The problem with a single payer system is…

setting accurate prices.¬† A single payer does not have a market against which to measure prices; instead, single payers often pay based on provider’s reported cost or a multiplier related to the prices charged years ago when there was a market. Fortunately, the U.S. does not have this problem…or do we? The Relative Value Update […]

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