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Special Edition The Right Price: A Value-Based Prescription for Drug Costs with Free EASY Reading Download Now!

The US prescription drug business is a $500 billion industry whose rising prices carry profound consequences for patients, caregivers, employers and taxpayers across the nation. In the United States, average prices of leading brand-name drugs are two to four times higher than prices charged in other wealthy countries, raising questions as to what Americans are getting for the extra expense. On the other hand, healthy industry returns have arguably fueled life-saving innovation. With the advent of ever more targeted and powerful treatments, including cell- and gene-based therapies with multi-million-dollar price tags, the need for sensible drug pricing policies will only intensify.The Right Price sheds light on the controversial topic of drug pricing by providing an accessible guide to pharmaceutical markets and analytic techniques used to measure the value of drug therapies. It illustrates the need for value-based pricing through real-life stories of patients and their experiences with the drug industry and explains why simple solutions like price controls and the importation of cheaper drugs from other countries are problematic. This volume describes how researchers and policy makers have pursued drug valuation efforts in the past, and lays out a series of recommendations, based on years of shared author experience serving on national drug policy platforms, for how to further improve pharmaceutical value assessment in the United States.With unique industry insights and clear narrative, The Right Price unveils why the pricing of drugs continues to be so challenging and how public and private officials can create more informed policies to achieve the right balance between drug pricing and value.

At this time of writing, The Audiobook The Right Price: A Value-Based Prescription for Drug Costs has garnered 10 customer reviews with rating of 5 out of 5 stars. Not a bad score at all as if you round it off, it’s actually a perfect TEN already. From the looks of that rating, we can say the Audiobook is Good TO READ!

Special Edition The Right Price: A Value-Based Prescription for Drug Costs with Free EASY Reading!

Now is the right time for The Right Price. This entertaining and very informative book marries complex topics like the human capital and willingness-to-pay approaches to incorporating patient experiences into drug value with historical anecdotes about the origins of these concepts. In this manner, Neumann and colleagues make convoluted methodologies understandable to a lay audience. With the fragmented healthcare industry in the United States, this book offers solutions to overcoming the disincentives to pharmaceutical companies for innovation and investment in basic research and development while suggesting the role of value assessment to address the need for affordable drug pricing. It is high time that the United States consistently incorporate value-based schema into its decision-making processes about drug pricing and affordability; this book serves as a practical guide to implementing best practices to do so. I can honestly say that, after teaching these types of topics in schools and during consultations for the industry and the United States government for over two decades, I gleaned some valuable information that I will incorporate into my work. The authors also provide valuable context to the value-based pricing of drugs in the United States in comparison to global pricing attempts. As the authors indicate, simply slashing prices without demanding improved patient outcomes is a folly that needs to be remedied immediately. This valuable book provides multiple benchmarks that will be of help to the multiple stakeholders involved in pricing pharmaceuticals.Renée JG Arnold, PharmD; Adjunct Full Professor, Icahn School of Medicine at Mount Sinai; Entrepreneur-in-Residence, National Institutes of Health; President & CEO, Arnold Consultancy & Technology LLC; New York, NY USA

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