FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W4386624723> ?p ?o ?g. }

• W4386624723 abstract "Economic evaluations of treatments increasingly employ price-threshold analyses. When a treatment has multiple indications, standard price-threshold analyses can be overly simplistic. We examine how rules governing indication-specific prices and reimbursement decisions affect value-based price analyses.We analyze a 2-stage game between 2 players: the therapy's manufacturer and the payer purchasing it for patients. First, the manufacturer selects a price(s) that may be indication specific. Then, the payer decides whether to provide reimbursement at the offered price(s). We assume known indication-specific demand. The manufacturer seeks to maximize profit. The payer seeks to maximize total population incremental net monetary benefit and will not pay more than their willingness-to-pay threshold. We consider game variants defined by constraints on the manufacturer's ability to price and payer's ability to provide reimbursement differentially by indication.When both the manufacturer and payer can make indication-specific decisions, the problem simplifies to multiple single-indication price-threshold analyses, and the manufacturer captures all the consumer surplus. When the manufacturer is restricted to one price and the payer must make an all-or-nothing reimbursement decision, the selected price is a weighted average of indication-specific threshold prices such that reimbursement of more valuable indications subsidizes reimbursement of less valuable indications. With a single price and indication-specific coverage decisions, the manufacturer may select a high price where fewer patients receive treatment because the payer restricts reimbursement to the set of indications providing value commensurate with the high price. However, the manufacturer may select a low price, resulting in reimbursement for more indications and positive consumer surplus.When treatments have multiple indications, economic evaluations including price-threshold analyses should carefully consider jurisdiction-specific rules regarding pricing and reimbursement decisions.With treatment prices rising, economic evaluations increasingly employ price-threshold analyses to identify value-based prices. Standard price-threshold analyses can be overly simplistic when treatments have multiple indications.Jurisdiction-specific rules governing indication-specific prices and reimbursement decisions affect value-based price analyses.When the manufacturer is restricted to one price for all indications and the payer must make an all-or-nothing reimbursement decision, the selected price is a weighted average of indication-specific threshold prices such that reimbursement of the more valuable indications subsidize reimbursement of the less valuable indications.With a single price and indication-specific coverage decisions, the manufacturer may select a high price with fewer patients treated than in the first-best solution. There are also cases in which the manufacturer selects a lower price, resulting in reimbursement for more indications and positive consumer surplus." @default.
• W4386624723 created "2023-09-13" @default.
• W4386624723 creator A5025896030 @default.
• W4386624723 creator A5037126265 @default.
• W4386624723 date "2023-09-12" @default.
• W4386624723 modified "2023-10-18" @default.
• W4386624723 title "Pricing Treatments Cost-Effectively when They Have Multiple Indications: Not Just a Simple Threshold Analysis" @default.
• W4386624723 cites W1505520804 @default.
• W4386624723 cites W1916371443 @default.
• W4386624723 cites W1946404496 @default.
• W4386624723 cites W1972305015 @default.
• W4386624723 cites W1988578472 @default.
• W4386624723 cites W1994659975 @default.
• W4386624723 cites W2024021521 @default.
• W4386624723 cites W2024158966 @default.
• W4386624723 cites W2034299517 @default.
• W4386624723 cites W2040971445 @default.
• W4386624723 cites W2069086045 @default.
• W4386624723 cites W2074289341 @default.
• W4386624723 cites W2093248569 @default.
• W4386624723 cites W2101181854 @default.
• W4386624723 cites W2104503491 @default.
• W4386624723 cites W2110959817 @default.
• W4386624723 cites W2142816927 @default.
• W4386624723 cites W2163878956 @default.
• W4386624723 cites W2340039612 @default.
• W4386624723 cites W2547499331 @default.
• W4386624723 cites W2734525528 @default.
• W4386624723 cites W2890955229 @default.
• W4386624723 cites W2892160073 @default.
• W4386624723 cites W2944016874 @default.
• W4386624723 cites W2947611766 @default.
• W4386624723 cites W2948047060 @default.
• W4386624723 cites W2956235452 @default.
• W4386624723 cites W3013347515 @default.
• W4386624723 cites W3096780844 @default.
• W4386624723 cites W4200132480 @default.
• W4386624723 cites W4214625973 @default.
• W4386624723 doi "https://doi.org/10.1177/0272989x231197772" @default.
• W4386624723 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/37698120" @default.
• W4386624723 hasPublicationYear "2023" @default.
• W4386624723 type Work @default.
• W4386624723 citedByCount "0" @default.
• W4386624723 crossrefType "journal-article" @default.
• W4386624723 hasAuthorship W4386624723A5025896030 @default.
• W4386624723 hasAuthorship W4386624723A5037126265 @default.
• W4386624723 hasBestOaLocation W43866247231 @default.
• W4386624723 hasConcept C119857082 @default.
• W4386624723 hasConcept C160735492 @default.
• W4386624723 hasConcept C162118730 @default.
• W4386624723 hasConcept C162324750 @default.
• W4386624723 hasConcept C175444787 @default.
• W4386624723 hasConcept C181622380 @default.
• W4386624723 hasConcept C21547014 @default.
• W4386624723 hasConcept C2776291640 @default.
• W4386624723 hasConcept C2777364431 @default.
• W4386624723 hasConcept C2778813691 @default.
• W4386624723 hasConcept C2779703844 @default.
• W4386624723 hasConcept C41008148 @default.
• W4386624723 hasConcept C50522688 @default.
• W4386624723 hasConceptScore W4386624723C119857082 @default.
• W4386624723 hasConceptScore W4386624723C160735492 @default.
• W4386624723 hasConceptScore W4386624723C162118730 @default.
• W4386624723 hasConceptScore W4386624723C162324750 @default.
• W4386624723 hasConceptScore W4386624723C175444787 @default.
• W4386624723 hasConceptScore W4386624723C181622380 @default.
• W4386624723 hasConceptScore W4386624723C21547014 @default.
• W4386624723 hasConceptScore W4386624723C2776291640 @default.
• W4386624723 hasConceptScore W4386624723C2777364431 @default.
• W4386624723 hasConceptScore W4386624723C2778813691 @default.
• W4386624723 hasConceptScore W4386624723C2779703844 @default.
• W4386624723 hasConceptScore W4386624723C41008148 @default.
• W4386624723 hasConceptScore W4386624723C50522688 @default.
• W4386624723 hasFunder F4320320994 @default.
• W4386624723 hasFunder F4320334593 @default.
• W4386624723 hasLocation W43866247231 @default.
• W4386624723 hasLocation W43866247232 @default.
• W4386624723 hasOpenAccess W4386624723 @default.
• W4386624723 hasPrimaryLocation W43866247231 @default.
• W4386624723 hasRelatedWork W1977728287 @default.
• W4386624723 hasRelatedWork W2074179741 @default.
• W4386624723 hasRelatedWork W2125926370 @default.
• W4386624723 hasRelatedWork W2436506095 @default.
• W4386624723 hasRelatedWork W2973982676 @default.
• W4386624723 hasRelatedWork W3091233897 @default.
• W4386624723 hasRelatedWork W4224257215 @default.
• W4386624723 hasRelatedWork W4282841016 @default.
• W4386624723 hasRelatedWork W4311498144 @default.
• W4386624723 hasRelatedWork W54240063 @default.
• W4386624723 isParatext "false" @default.
• W4386624723 isRetracted "false" @default.
• W4386624723 workType "article" @default.