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Specialty drug prices and utilization after loss of U.S. patent exclusivity, 2001-2007
Conti, Rena M.; Berndt, Ernst R. - National Bureau of Economic Research (NBER) - 2014
We examine the impact of loss of U.S. patent exclusivity (LOE) on the prices and utilization of specialty drugs between 2001 and 2007. We limit our empirical cohort to drugs commonly used to treat cancer and base our analyses on nationally representative data from IMS Health. We begin by...
Persistent link: https://www.econbiz.de/10010950850
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Does the Profit Motive Make Jack Nimble? Ownership Form and the Evolution of the U.S. Hospital Industry
Gaynor, Martin; Klepper, Steven; Vogt, William; … - National Bureau of Economic Research (NBER) - 2005
-profit and not-for-profit hospitals differ regarding their objectives and costs of capital. The model predicts for-profits would … using data for all U.S. hospitals from 1984 through 2000. Examining annual and regional entry and exit rates, for …-profit hospitals consistently have higher entry and exit rates than not-for-profits. Econometric modeling of entry and exit rates …
Persistent link: https://www.econbiz.de/10005085246
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The Effect of FDA Advisories on Branded Pharmaceutical Firms' Valuations and Promotion Efforts
Conti, Rena M.; Huskamp, Haiden A.; Berndt, Ernst R. - National Bureau of Economic Research (NBER) - 2011
The US Food and Drug Administration (FDA) expends considerable efforts in regulating medications approved for use. Yet the impact of medication labeling changes on brand pharmaceutical products, and whether and what firms do to respond to increased information regarding the safety and efficacy...
Persistent link: https://www.econbiz.de/10009325511
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Impact of Mortality-Based Performance Measures on Hospital Pricing: the Case of Colon Cancer Surgeries
Deb, Partha; Grossman, Michael; Dor, Avi; Cooper, Gregory; … - National Bureau of Economic Research (NBER) - 2013
on the impact of quality on the slope of the quantity-demand of the payers, which are not known a priory, it is often … assumed that higher performing hospitals are able to command higher prices. To test this hypothesis we construct performance … performance. The effects were consistently negative in all models (adverse quality reduces price), though not significant. However …
Persistent link: https://www.econbiz.de/10010692215
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Pricing and Welfare in Health Plan Choice
Levin, Jonathan; Bundorf, M. Kate; Mahoney, Neale - National Bureau of Economic Research (NBER) - 2008
Prices in government and employer-sponsored health insurance markets only partially reflect insurers' expected costs of coverage for different enrollees. This can create inefficient distortions when consumers self-select into plans. We develop a simple model to study this problem and estimate it...
Persistent link: https://www.econbiz.de/10005710694
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The Welfare Consequences of Hospital Mergers
Town, Robert; Wholey, Douglas; Feldman, Roger; Burns, … - National Bureau of Economic Research (NBER) - 2006
impact of consolidations, hospitals are modeled as an input to the production of health insurance for the under-65 population …
Persistent link: https://www.econbiz.de/10005713981
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The Effect of Medicare Part D on Pharmaceutical Prices and Utilization
Duggan, Mark; Morton, Fiona Scott - National Bureau of Economic Research (NBER) - 2008
On January 1, 2006, the federal government began providing insurance coverage for Medicare recipients' prescription drug expenditures through a new program known as Medicare Part D. Rather than setting pharmaceutical prices itself, the government contracted with private insurance plans to...
Persistent link: https://www.econbiz.de/10005774476
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The Distortionary Effects of Government Procurement: Evidence from Medicaid Prescription Drug Purchasing
Duggan, Mark; Morton, Fiona Scott - National Bureau of Economic Research (NBER) - 2004
generic competition, the number of brand competitors, and the years since the drug entered the market. We also demonstrate … evidence in support of this for drugs that do not face generic competition. Taken together, our findings suggest that …
Persistent link: https://www.econbiz.de/10005778002
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Pricing and Reimbursement in U.S. Pharmaceutical Markets
Berndt, Ernst R.; Newhouse, Joseph P. - National Bureau of Economic Research (NBER) - 2010
In this survey chapter on pricing and reimbursement in U.S. pharmaceutical markets, we first provide background information on important federal legislation, institutional details regarding distribution channel logistics, definitions of alternative price measures, related historical...
Persistent link: https://www.econbiz.de/10008531891
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Bundling Among Rivals: A Case of Pharmaceutical Cocktails
Nicholson, Sean; Lucarelli, Claudio; Song, Minjae - National Bureau of Economic Research (NBER) - 2010
We empirically analyze the welfare effects of cross-firm bundling in the pharmaceutical industry. Physicians often treat patients with "cocktail" regimens that combine two or more drugs. Firms cannot price discriminate because each drug is produced by a different firm and a physician creates the...
Persistent link: https://www.econbiz.de/10008533391