Over the last few months, we’ve seen countries change their stance on net price transparency 👀 In Spain, we saw new laws requiring the release of net prices whilst in Germany there was talk of making prices more confidential 🤔 Given these changes, we wanted to gather your thoughts on who you thought would be the most impacted stakeholders from increased net price transparency. So, over the last week we posted a poll, which generated a lot of traction! Specifically: 👉 28% of voters believed net price transparency would most impact patients in low- and middle-income countries (LMICs). 👉 6% of voters believed net price transparency would most impact patients in high-income countries (HICs). 👉 56% of voters believed net price transparency would most impact manufacturers. 👉 11% of voters believed net price transparency would most impact payers. In truth, net price transparency has the potential to impact each listed stakeholder in different ways. It could negatively impact the access of vital treatments to patients in LMICs. It could also lead to further downward pressures on price that could influence manufacturers’ R&D capital required to develop life changing innovative treatments. In our 2024 World EPA poster, we explored the potential risks and benefits, and the winners and losers from opening Pandora’s Box that is net price transparency. Click the link to download our poster: https://lnkd.in/dyzV75cW
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The call for pharmaceutical price transparency requires careful consideration of its potential long-term effects on pricing, industry sustainability, and global access to medicines, recognizing the complexity of stakeholder dynamics and emphasizing the irreversible nature of transparency initiatives. In our 2024 World EPA poster, we explored the potential risks and benefits, and the winners and losers from opening Pandora's Box that is net price transparency. Click the link to download our poster: https://lnkd.in/dyzV75cW
Over the last few months, we’ve seen countries change their stance on net price transparency 👀 In Spain, we saw new laws requiring the release of net prices whilst in Germany there was talk of making prices more confidential 🤔 Given these changes, we wanted to gather your thoughts on who you thought would be the most impacted stakeholders from increased net price transparency. So, over the last week we posted a poll, which generated a lot of traction! Specifically: 👉 28% of voters believed net price transparency would most impact patients in low- and middle-income countries (LMICs). 👉 6% of voters believed net price transparency would most impact patients in high-income countries (HICs). 👉 56% of voters believed net price transparency would most impact manufacturers. 👉 11% of voters believed net price transparency would most impact payers. In truth, net price transparency has the potential to impact each listed stakeholder in different ways. It could negatively impact the access of vital treatments to patients in LMICs. It could also lead to further downward pressures on price that could influence manufacturers’ R&D capital required to develop life changing innovative treatments. In our 2024 World EPA poster, we explored the potential risks and benefits, and the winners and losers from opening Pandora’s Box that is net price transparency. Click the link to download our poster: https://lnkd.in/dyzV75cW
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🚀 Welcome to Our Latest GST Newsletter! 🚀 In this issue, we bring you the latest updates, insightful analyses, and practical tips on Goods and Services Tax (GST). Stay informed and ahead of the curve with our curated content! As Alvin Toffler said, "The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn." Highlights: 🔹 Holding Company Shares: Holding shares in a subsidiary is not classified as a "supply of service" under the GST Act. 🔹 Goods Transportation: The department must prove any double movement of goods. 🔹 Recovery Proceedings: No recovery proceedings within three months of an order issuance. 🔹 E-Way Bill2 Portal: Launching in June 2024, this new portal will enhance e-way bill efficiency. 🔹 Restaurant Supplies: Restaurant supplies are considered services, with alcoholic beverages outside the GST ambit. For a detailed analysis, check out the link to our full newsletter below. 📄🔗 https://lnkd.in/dtpd8PUD We’d love to hear your thoughts! 💬 👉 How will the new E-Way Bill2 portal impact your business? 👉 What are your experiences with the burden of proof in transportation cases? 👉 How do you see these rulings affecting the GST landscape? Share your insights in the comments below! #GST #TaxUpdates #EWayBill #BusinessTravel #Taxation #ProfessionalGrowth Annveshan Business Solutions Private Limited
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🌱 New Year, Clear KPIs—that's what we are all about at Sage Healthy. Understanding and enhancing your performance through Key Performance Indicators (KPIs), especially within the realm of the Healthcare Revenue Cycle Management, is the KEY to maintaining access to high-quality and cost-efficient care for your patients. Per Jacqueline LaPoint, Director of Editorial at RevCycleIntelligence, "Healthcare organizations of all sizes are up against several factors that have dampened financial performance. Rising labor expenses, workforce shortages, and softening volumes have left providers with razor-thin margins while hospitals report elevated levels of bad debt and charity care compared to last year." [source: Jacqueline LaPointe, "Breaking Down the Top 5 Healthcare Revenue Cycle KPIs"] In a world of unknowns, it can feel impossible to get your metrics under wraps. Good thing Sage Healthy has you covered! Here is a 'Crash Course' video to understanding your KPIs—brought to you by our President and subject matter expert, Jennifer Dickinson: https://lnkd.in/ezR9Hyiv If you are interested in learning more about how Sage Healthy can help you level up your practice, fill out the brief form below, and someone from our team will be in touch: https://lnkd.in/gv9Q8k3D #HealthcareFinance #RevenueCycle #FinancialSuccess #HealthcareLeadership
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There's still time to sign up for our webinar on virtual patient engagement! Don't miss out on learning how to enhance your patient programs through expert-led digital engagement techniques. https://hubs.la/Q02v8v5H0 #PharmaInnovation #VirtualEngagement
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Product, Marketing, and Business Development Executive | Healthcare, IT, Insurance, Medicare | B2B SaaS | UnitedHealth, Citibank, TransUnion, FICO
Preparing for AEP can be stressful. But it doesn't have to be. If you plan to be at RISE National, connect with Todd or Jeff. They can help you with Medicare product management and document generation solutions to make you and your team become more efficient, meet deadlines with time to spare, and stay compliant. #risenational2024 #medicareadvantage #aep
HighRoads will be attending RISE National 2024 next week in Nashville! Connect with Todd Petersen and Jeff Yaniga to discuss strategies to reduce ANOC, EOC, and SB document generation efforts by up to 60%. With the right product management and document generation solution health plans can: ▶ Stay compliant ▶ Meet CMS deadlines ▶ Accelerate growth There is still time to realize these benefits for the upcoming AEP. Let's meet! Click here to schedule a meeting: https://lnkd.in/gg2f_eDx #risenational2024 #medicareadvantage #aep
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The interin report of the Exploratory study on a possible strategic review of the HARMONIZED SYSTEM - Recommended reading! "The Study is looking at a range of possibilities to either reduce the complexity of the HS or to provide tools that mitigate some of that complexity" Key Conclusions: Structural changes that could be feasible without replacing the Convention: a. Expanding the HS to an eight-digit nomenclature to allow for greater granularity where required. b. Providing an optional annex to the HS with the legal nature of guidance (non-binding) that, provides an extra two digits or more of new subdivisions for existing subheadings for which greater granularity is required. c. Creating a sister Convention that provides, as above, additional subdivisions for use as a separate field to the tariff classification, that is linked to the classification at the six-digit level. d. Linking to a product identification system e. Using a form of product ID created for the purpose of holding specific information (e.g. a product passport or a type of globally accepted certification system). f. Revising the HS update system, including cycle timing, workload capacity, input sources, and collaboration g. Reducing the HS to a limited number of very broad provisions h. Creating a separate classification system limited to a number of very broad provisions for low-value goods i. Improving availability of guidance material or educational material j. Simplifying the GIRs or the structure of the HS k. Providing international guidance through lists of classifications of goods at HS level
Exploratory study on a possible strategic review of the HS
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