Book Review: The Right Price

The book The Right Price: A Value-Based Prescription for Drug Costs is a fantastic book for individuals interested in understanding why value-based drug pricing makes sense. It is a bit more technical and more detailed than the average health policy book, but there are few formulas or detailed methodological explanations. Rather, the book provides a…

CHEERS 2022

How should you report the methodology, results and limitations of your economic model? One of the most commonly used approaches is the Consolidated Health Economic Evaluation Reporting Standards (CHEERS) checklist. CHEERS was developed in 2013 (Husereau et al. 2013) and a new version has been developed this year (Husereau et al. 2022). Below are the…

Links

Pharma bro: guilty. Douthat: “How Being Sick Changed My Health Care Views”. GAVI: $150m for malaria vaccine roll-out in sub-Saharan Africa Falling drug prices? Will CMS ban PBM direct and indirect remuneration (DIR) fees? Will Democrats deliver on their health care promises?

Challenges facing the accountable care organization (ACO) system

An interesting article in Modern Healthcare reviews some discussion at a recent Medicare Payment Advisory Commission (MedPAC) meeting. The first issue is that the pool of fee-for-service Medicare beneficiaries is shrinking, at least on a relative basis. As Medicare Advantage grows each year, population-based alternative payment models like accountable care organizations are left with a…