Tag: Medical Prices

Provider consolidation: A lot of evidence and a lot at stake

Provider consolidation sets off a chain reaction that leads to higher prices for consumers, The Journal News reports. Continue reading

Posted in: Health Care Costs

Chart of the day: Drug prices keep rising faster than inflation. Much faster.

An AARP report shows the prices for brand-name prescription drugs often used by older adults jumped by an average of 13 percent last year alone, according to a new article in Pharmacy Times. That’s more than eight times faster than the general inflation rate. Continue reading

Posted in: Health Care Costs

INFOGRAPHIC: The cost of prescription drugs then and now

Despite the introduction of new, and in many cases more innovative medical treatments, prescription drugs that have been around for years continue to get more and more expensive. Continue reading

Posted in: Cost Alert, Health Care Costs, Infographic

It’s the R&D Costs? Really?

“The drug companies have to put a price on a medicine that reflects the cost of developing them, which is very expensive and takes a long period of time, and the value that it can provide.” Oh, really? “The cost of developing them.” That’s why drugs are so expensive? Really? Continue reading

Posted in: Health Care Costs, Issue Alert

Letter to the editor: Where’s the drug pricing transparency?

The astronomical price tag for a hepatitis C treatment highlights a major problem plaguing our health care system and its patients: a lack of transparency around pharmaceutical price setting, as noted in a Washington Post letter to the editor from Laura Worby, a primary care nurse practitioner. Continue reading

Posted in: Health Care Costs, Issue Alert

Mountain of evidence: Provider consolidation won’t lower costs

Health care stakeholders all are looking for ways to keep costs affordable and enhance the quality of care delivered to patients. Provider consolidation will not get us there. Continue reading

Posted in: Health Care Costs, Issue Alert

126%

126 percent – That’s how much overall skin cancer treatment costs have skyrocketed between 2002-2006 and 2007-2011, up from $3.6 billion to a whopping $8.1 billion a year. Continue reading

Posted in: Health Care Costs

Beware: A handful of drugs with enormous price tags

“What good is a miracle drug if you can’t afford it?” So asks Dr. John D. Bennett, the President and CEO of Capital District Physicians’ Health Plan, in an article in the Albany Business Review. It’s a question we’ve long been asking drugmakers, and like Dr. Bennnett, we’re still waiting for an answer. Continue reading

Posted in: Health Care Costs

The outcome of provider consolidation: “Prices go up. Premiums go up.”

The body of evidence against anticompetitive provider consolidation keeps growing, and keeps reaching the same conclusion – Hospital consolidation in concentrated markets is followed by a major increase in medical prices. Continue reading

Posted in: Health Care Costs, Issue Alert

4 scary facts about health care

Halloween is a time for ghosts and ghouls, and everything scary. And in the spirit of spirit of Halloween, we’ve got something more terrifying than any ghost story – four truly scary facts about health care. Continue reading

Posted in: Health Care Costs, Issue Alert