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Hard-earned insights that help drug manufacturers achieve their growth, compliance, and profitability objectivesSystem Based Calculations Miss Crucial Details In Government Pricing Reports
System-based calculations miss crucial details in government price reporting.When you have complete visibility into the process driving your government pricing computations, you have control. You gain certainty and confidence knowing your monthly and quarterly...
Have Confidence In The Data That Drives Government Pricing Computations
Have confidence in the data that drives government pricing computations.Missed transaction-level details can skew government pricing computations and impact your bottom line by millions of dollars. That’s why it is imperative to have confidence in the data that drives...
Why Medicaid Is a Pharma Company’s Most Demanding Government Program In Terms of Potential Impact and Resources
Why Medicaid is a pharma company’s most demanding government program in terms of potential impact and resources.For both brand and generic pharma companies, the most demanding of the government programs, in terms of financial impact and required resources, is often...
Understanding the complexities of implementing a generic pharmaceutical company commercialization plan.
Understanding the complexities of implementing a generic pharmaceutical company commercialization plan.Seasoned pharma executives know that implementing a generic pharmaceutical company commercialization plan in the US market is a complex exercise in multi-tasking....
Understanding Baseline AMP Rules Can Help You Avoid Pricing Decision Disasters
Understanding Baseline AMP Rules Can Help You Avoid Pricing Decision DisastersWhat brand and generic drug manufacturers need to knowA lack of understanding respective to baseline Average Manufacturer Price (AMP) and how it can affect your Medicaid pricing can result...
Continued Emergence of Drug Price Disclosure Legislation – April 2020
Continued Emergence of Drug Price Disclosure LegislationTips for staying compliant with an accelerating trendStates Have Gotten Aggressive with Fines Against Pharma Companies for Price Reporting Noncompliance This paper, our third in a series that looks at the rising...
Avoiding Costly Government Pricing Mistakes
Avoiding Costly Government Pricing MistakesBasic steps pharmaceutical manufacturers should employ to avoid erroneous government pricing calculationsManaging Government Pricing (GP) computations can feel a bit like walking through a cave without a flashlight. Even an...
Continued Emergence of Drug Price Disclosure Legislation – January 2020
Continued Emergence of Drug Price Disclosure LegislationTips for staying compliant with an accelerating trendThe summer of 2019 saw an 86 percent increase in the number of states enacting pharmaceutical drug price disclosure laws. This paper, our second in a series...
Drug Price Disclosure Legislation – April 2019
Drug Price Disclosure LegislationFour steps to staying ahead and staying compliantMany states have moved to enact mandatory pharmaceutical price disclosure laws that would increase price transparency to address prescription drug costs (Fig. 1, pg. 3). In 2018, states...