In a recent podcast with Dr. Ge Bai of Johns Hopkins, important points are discussed relating to Amazon’s venture into the pharmacy space. Her extensive background in in public health and business make for an informative discussion. She discusses PBMs (pharmacy benefit managers) and the reasons […]
Do Hospitals Actually Mark Up Medications 250%?
A recent report examines the cost differences regarding medications in hospitals. A comparison across two dozen drugs led to the finding that the markup is an average of 250%. Over 30% of the hospitals included in the analysis did not stock biosimilars for the drugs analyzed. Although insurance […]
HealthEconomics.Com’s Value and Evidence Marketplace Seeking Organizations With EHR Data
The Value and Evidence Marketplace is an online tool that matches biomedical and biopharmaceutical researchers with suppliers for research. 24 of the top 30 pharmaceutical companies, along with over 75 biotech companies, utilize our Marketplaces in their studies. Clients are increasingly interested […]
Report on Impact of COVID-19 on Global Bioinformatics Market
A recent report discusses how COVID-19 affected the Bioinformatics Market. The impacts on five currencies (USD, EUR, AUD, GBP, JPY) are discussed. Chemoinformatics, genomics, proteomics, metabolomics, and transcriptomics were discussed, among other categories. The report addressed market […]
Prediction Models for COVID-19 Can’t Account for All Human Elements
Early in the COVID-19 pandemic, researchers were scrambling to predict how the disease would spread. One such model was developed at the University of Illinois, Urbana-Champaign, by two physicists: Nigel Goldenfeld and Sergei Maslov. They were able to adapt some of the tools used in their physics […]
Amalgam Rx, Inc. Acquires Avhana Health
Amalgam Rx. Inc. has acquired Avhana Health, a clinical decision support company with experience in electronic health records. This move will allow Amalgam Rx to build on Avhana’s existing tools and to expand into additional therapeutic areas. The result will be a simplified workflow for […]
Meta-Analysis Study on Kidney Cancer Utilizes Novel Techniques to Identify Biomarkers
The survival rates of patients with kidney cancer largely depend on identifying biomarkers. The identification of these biomarkers can help determine a course of treatment. A recent study, published in JAMA, compares data from 6 clinical trials and reported in 9 publications. The report examined how […]
Caesarean Section Procedure Can Vary in Price From 6k to 60k—At the Same Hospital
Women who undergo a caesarean section at the Van Ness site of the Pacific Medical Center in California might be surprised to find that the cost of their procedure may be vastly different from that of another woman in the same hospital. Costs range from $6,241 to $60,584 for this particular […]
Webinar: Reflections on Healthcare in 2020 and Visions for 2021
In a recent webinar, the authors discuss important changes and developments in 2020 regarding healthcare regulations. The fast pace of change is expected to continue through 2021. The No Surprises Act passed in December 2020, meant to address unexpected medical bills, will bring changes to a diverse […]
Webinar on RWE and Progress During COVID-19 Pandemic
The COVID-19 Pandemic has driven many researchers to incorporate RWE (real world evidence) into clinical trials. However, it can often be challenging to accomplish this task. In this webinar, Sandy Leonard and Akiko Shimamura of HealthVerity discuss advances regarding RWE in clinical trials. “The […]
Using Bayesian Methods in Control Arms of Clinical Trials
The use of single arm trials has become more widespread, especially as the COVID-19 has forced clinical trials to change or end early. An alternative approach is the use of synthetic control arms (SCAs), arms that can be created using Bayesian Dynamic Borrowing. In this method, data from patients […]
New Report Details How SDOH Impact Access to Prescription Drugs
In a recent report, CoverMyMeds discusses how SDOH (social determinants of health) are associated with many patients being forced to make difficult choices when it comes to their health. The COVID-19 pandemic has made these choices even more challenging as more Americans become uninsured or […]
6 Recommendations Regarding HTAs in the United States
A whitepaper was recently released by researchers at the USC Schaeffer Center and the Aspen Institute. The authors discuss half a dozen recommendations relating to HTAs (Health Technology Assessments) in the United States, which could lead to changes in the pricing of prescription drugs. […]
A Conversation with Peter Pitts on Drug Pricing and Medicare
In a recent podcast by Patients Rising Podcast, the hosts spoke with Peter Pitts. He co-founded and is currently president of the Center for Medicine in the Public Interest. He’s also served as Associate Commissioner for External Relations for the FDA, written a book on successful leadership, and […]
Outcry Over Nick Jonas in Super Bowl Commercial for Dexcom
Type 1 Diabetics typically check their blood glucose levels by pricking their finger with a needle to obtain a small blood sample. Insulin injections regulate this blood glucose level, but can cause significant financial hardship. In a Super Bowl commercial for Dexcom, Nick Jonas promoted an […]
Will a Committee Lead to Reduced Drug Prices in the United States?
Will a Committee Lead to Reduced Drug Prices in the United States The idea of an independent review board to regulate drug prices is gaining ground. Although pharmaceutical companies protest such a committee, pointing at lost innovation, many in the US support a Health Technology Assessment (HTA) […]
New PhRMA Report Details Role of Hospitals in High Drug Costs
A recent PhRMA discusses how hospitals contribute to the high prices of drugs in the United States. Typically, pharmaceutical companies, insurance companies, and patients are discussed in the context of high prices, not hospitals. However, depending on whether or not patients receive medication from […]
Insight Regarding RWE, RWD and COVID-19
In a recent conversation with Jeff Elton, CEO of ConcertAI, he discussed changes to the pharmeceutical industry resulting from the COVID-19 pandemic. Both RWE (real world evidence) and RWD (real world data) provide remarkable insight regarding patient care and outcomes. RWE provides a possible […]
Do COVID-19 Vaccine Manufacturers Worry Over Pricing Language in Contracts?
Despite objections by pharmaceutical companies against price regulations, at least three major companies agreed to such terms in the context of COVID-19 vaccine contracts. Although the COVID-19 constitutes an unexpected situation, these contracts set a precedent for future agreements regarding price […]
How Will the United States Address High Drug Prices?
American legislators are frustrated by high drug prices. In addition to financial distress from medication payments, some patients resort to modifying their medication dosages. Now, both Democrats and Republican around the country are sponsoring bills to limit these drug prices, rather than waiting […]
CPE Webinar on COVID-19 Treatments and Vaccines
A webinar will take place on Thursday, February 25th from 2-3 PM ET. This free webinar will cover newly developed therapies to treat patients with COVID-19, as well as adapting previously developed drugs to COVID-19. Vaccine distribution will also be discussed. “This session will review the most […]
Case Study Shows Power of RWE
A new case study from Cardinal Health highlights the value of RWE (real world evidence) in clinical trials. This RWE data helped a biopharmaceutical company speed up the FDA approval process for their product. “See how experts from our Real-World Evidence and Insights team helped a […]
Changes for BresMed and Cello
In 2020, private equity firm Arsenal Capital Partners acquired BresMed and Cello, two independent biopharma companies. Now, BresMed and Cello will combine to offer unique solutions to their clients. These companies have experience in health economic and outcomes research and in advising global […]
The Positive Impact of COVID-19 on Clinical Trials
Although COVID-19 has resulted in many negative consequences, it has also brought about some useful changes in the drug development and clinical trial space. Patients who faced barriers to clinical trial enrollment have been able to participate—especially in instances where remote data is collected, […]
New Report Improves Health of Market Access Teams
The success of a product requires many resources and a dedicated team. It also requires contingency plans if one small piece fails. A new eBook details how you and your team can be successful in areas relating to patient support and managing data. “Just as patients are encouraged to get annual […]
Growing Support for HTA in Light of High Gene Therapy Costs
An independent review board, such as ICER, responsible for assessing appropriate costs for therapies and drugs has been discussed for years. Calls for such a health technology assessment board (HTA) are increasing as many note that novel cell and gene-based therapies, while many times effective, are […]
ICER Releases Draft Evidence Report for Several Multiple Myeloma Therapies: Will These Drugs Prevent Relapse?
ICER has released a report on three therapies for multiple myeloma: belantamab mafodotin blmf from Blenrep™ and GlaxoSmithKline, idecabtagene vicleucel from Bristol-Myers Squibb and bluebird bio, and ciltacabtagene autoleucel from Janssen and Legend biotech. Belantamab mafodotin blmf is an antibody […]
COVID-19 News: Eli Lilly Drug Receives FDA Emergency Authorization; Drug Pricing Language in COVID-19 Bill
Two recent developments related to COVID-19 are a new drug approval and a relief bill containing a drug pricing proposal. A combination therapy of two antibodies from Eli Lilly has been shown to be effective in reducing hospitalization and death rates from COVID-19. These two drugs (bamlanivimab and […]
Value Communications in 2021: Where can we improve?
HealthEconomics.Com is seeking at least 300 global respondents our 2021 Value Communications survey. Developing, assessing and communicating the value of pharmaceuticals and medical devices is essential, but there are few training programs or standards. The 2021 Value Communications survey objective […]
A $10 Drug Price Increase Is Correlated with Higher Mortality Rate of 33%
A new study reveals that even a small increase in prescription drug prices—of only $10—can lead to higher mortality rates. They note that a price increase of 34%, equivalent to $10.40, was associated with a 33% increase in mortality rate. The article explores possible solutions to reducing this cost […]
