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Advocates of a new federal comparative-effectiveness agency argue that such information has characteristics of a public … that government should provide comparative-effectiveness research, nor that government provision would increase social … health insurance and medical professionals, inhibit the types of health plans best equipped to generate comparative-effectiveness …
Persistent link: https://www.econbiz.de/10014212889
note we present a specific risk sharing agreement on effectiveness and show how such mechanism is going to affect the … market in the long run. In particular, we will show how the regulator may create a trade off between expected efficacy and …
Persistent link: https://www.econbiz.de/10014217551
In this article we analyse the problem of determining the price for new drugs in a market where a stringent budget constraint on public expenditure exists and we suggest an innovative methodology to set their prices. The market is characterised by asymmetry of information and a high proportion...
Persistent link: https://www.econbiz.de/10014071880
effectiveness of the drug (i.e. the efficacy resulted in the real medical practice). We assume that the probability of being listed … price is set according to the declared efficacy of the new drug, but if ex post the effectiveness falls short of what … (approved and reimbursed) depends on the relative performance of the new drug in terms of effectiveness and budget required. The …
Persistent link: https://www.econbiz.de/10014181847
In this paper, we develop an empirical demand model and an estimation strategy that can account for excess demand, and the unobserved component of product quality. Our methodology allows us to quantify the extent of rationing, price and quality elasticities, and shed light on the potential...
Persistent link: https://www.econbiz.de/10014046544
In this article we analyse the market for drugs in health care markets where third payers (an insurance company or a government agency) bear the cost and we suggest a common and transparent methodology to set the price for new drugs as well as active principles for which an alternative already...
Persistent link: https://www.econbiz.de/10014028693
Do healthcare providers pick their patients? This paper uses patient-level administrative data on skilled nursing facilities in California to estimate a structural model of selective admission practices in the nursing home industry. I exploit within-facility covariation between occupancy and...
Persistent link: https://www.econbiz.de/10013235001
Persistent link: https://www.econbiz.de/10010207164
Innovative technology may reduce organizations’ reliance on professionals in the performance of expert tasks, weakening professions’ control over work. However, professions resist and challenge such innovation, framing it as unsafe and immoral. This paper theorizes a process by which...
Persistent link: https://www.econbiz.de/10009580343
While much of the commentary on obstacles to stem cell research focuses on patents, material transfer agreements (MTAs) governed by state contract and property law present equal if not greater challenges to researchers. This Article argues that the life sciences in general, and the stem cell...
Persistent link: https://www.econbiz.de/10012754166