Navigation Links
Elsevier/Gold Standard Exclusive Publisher of New Predictive Drug Price Type
Date:2/29/2012

TAMPA, Florida, February 29, 2012 /PRNewswire/ --

PAC more accurately tracks true drug acquisition cost

Leading drug database provider, Elsevier/Gold Standard, announced today an agreement with Glass Box Analytics to become the exclusive distributor of a new price type, Predictive Acquisition Cost (PAC).

Glass Box Analytics developed PAC to address the industry need for a pricing standard that more closely tracks true drug acquisition cost. PAC employs predictive analytics techniques to estimate acquisition cost considering various factors, including industry MAC benchmarks, published price lists, existing price benchmarks, drug dispensation metrics, supply-demands measures, and survey-based acquisition costs.

"By combining a range of data sources, we are able to create a drug price type that more accurately tracks true acquisition cost and more effectively supports pricing activities than existing price types," said Todd Grover, CEO and Founding Partner of Glass Box Analytics. "Independent validation tests showed that PAC consistently tracked the actual drug acquisition cost far more effectively than AWP (Average Wholesale Price) or any other existing price type."

AWP has long been the standard price type used throughout the industry to set contract terms and adjudicate claims. In recent years, however, industry leaders have expressed concerns about the accuracy and reliability of AWP and have called for a price type that is transparent, accessible, comprehensive, timely, and immune to manipulation.

"PAC appears to meet all the criteria demanded by the pharmacy industry," says Marianne Messer, President of Elsevier/Gold Standard. "Our interest is in providing all available price types to our customers so that they can use whatever works best for their product pricing and purchasing decisions."

PAC will be includ
'/>"/>

SOURCE Elsevier
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. Repair Stem Cell Institute Announces Industrys First Standards of Excellence for Global Stem Cell Treatment Centers to Protect Patients from Less-than-Competent Therapeutics
2. Oncothyreon announces receipt of notice of non-compliance with market value of listed securities standard for listing on The NASDAQ Global Market
3. Mymetics Corporation Information to be Available Through Standard & Poors Market Access Program
4. Masimo Announces Desaturation Index 3D Alarm as Standard Feature in All Radical-7 Pulse CO-Oximetry Devices
5. Oncothyreon announces receipt of NASDAQ letter regarding compliance with NASDAQ Global Market listing standards
6. GeoVax Labs, Inc. Information To Be Available Through Standard & Poors Market Access Program
7. SuperGens MP-470 Demonstrates Clinical Tumor Regression When Combined with Standard of Care Chemotherapy
8. Osteotechs Next Generation Grafting Material, MagniFuse(TM) Bone Graft, a Breakthrough in Bone Regeneration; MagniFuse(TM) Bone Graft seeks to redefine the standard of care in the U.S. bone graft substitute market estimated to be in excess of $1.2 billio
9. Standard & Poors Announces Changes to U.S. Indices
10. Serica Technologies Receives ISO Certification, Meets International Standards for Medical Device Manufacturing
11. Bioenergy D-Ribose Achieves Highest Safety Standard
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/1/2015)... ... ... A new host-based therapy for Ebola, anthrax and other ... and its collaborators. The discovery has the potential to speed to market treatments ... by Scientific Reports, an open access research journal from the publishers of Nature. ...
(Date:9/1/2015)... ... September 01, 2015 , ... ... release of a groundbreaking new version of its flagship DNA design platform, which ... down complex DNA sequences into numerous genetic parts, which in turn can be ...
(Date:8/31/2015)... ... August 31, 2015 , ... The Global Supply Chain ... management and resiliency practitioners with luminaries and thought leaders to advance the professional ... for their innovations and performance excellence. At that time its principle sponsor, ...
(Date:8/31/2015)... ... August 31, 2015 , ... In recent years, biodegradable ... as low carbon footprints and compostability. These properties can help in limiting the ... the basis of applications, the market for biodegradable plastics can be broadly segmented ...
Breaking Biology Technology:Scientists Discover New Use for an Old Therapy Inhibiting Deadly Pathogens Including Ebola and Anthrax 2Scientists Discover New Use for an Old Therapy Inhibiting Deadly Pathogens Including Ebola and Anthrax 3Scientists Discover New Use for an Old Therapy Inhibiting Deadly Pathogens Including Ebola and Anthrax 4GenoCAD Releases Combinatorial Design Tool to Optimize Protein Expression and Streamline DNA Synthesis Orders 2Global Supply Chain Resiliency Council Announces Incorporation and Web Site Launch 2Global Supply Chain Resiliency Council Announces Incorporation and Web Site Launch 3Biodegradable Plastics Market Growing at 10.8% CAGR to 2020 2Biodegradable Plastics Market Growing at 10.8% CAGR to 2020 3Biodegradable Plastics Market Growing at 10.8% CAGR to 2020 4Biodegradable Plastics Market Growing at 10.8% CAGR to 2020 5
... provide human safety and, pharmacodynamic data,VANCOUVER, ... announce that its novel Innate Defense Regulator (IDR) IMX942 ... on April 27, 2009. The healthy volunteers were enrolled ... performed for Inimex in Montreal with the approval of ...
... compliance and persistence with chronic medications. Prescription refills increase up ... free service offers coaching, reminders and pharmacist support to alleviate ... - prescribed medication. , ... ...
... /PRNewswire-FirstCall/ -- Encorium Group, Inc. (Nasdaq: ... research organization (CRO) that provides design, development, and ... to many of the world,s leading pharmaceutical companies, ... the Second Annual Vaccine Industry Excellence Award for ...
Cached Biology Technology:Inimex Pharmaceuticals begins First Clinical Study of an Innate Defense Regulator 2New Pleio Medication Adherence Service Increases Prescription Refills Up To 53% 2Encorium Named as Finalist for the Second Annual Vaccine Industry Excellence Award 2Encorium Named as Finalist for the Second Annual Vaccine Industry Excellence Award 3Encorium Named as Finalist for the Second Annual Vaccine Industry Excellence Award 4
(Date:8/10/2015)... , August 10, 2015 ... Eye Tracking Technology for more than two decades, announces ... for integration into all consumer display formats. The SMI ... integration of eye tracking into consumer tablets, laptops, desktop ... smart glasses. Omnivision,s leading sensor technology contributes to the ...
(Date:8/6/2015)... CITY, Calif. , Aug. 6, 2015 /PRNewswire/ ... Valley) will visit Crossmatch ™ to learn ... networks and protect data. Crossmatch is a world ... whose technologies and expertise are helping federal agencies ... efficiency and security.   "The vast ...
(Date:8/6/2015)... 6, 2015 Synaptics Inc. (NASDAQ: ... solutions, today announced collaboration with Microsoft on biometric ... Microsoft leveraged Synaptics, deep expertise in human interface ... Through stringent testing, Synaptics, advanced image ... Microsoft,s Precision TouchPad (PTP) specification empowering OEMs with ...
Breaking Biology News(10 mins):SMI Completes OEM Eye Tracking Platform to Cover All Consumer Displays 2SMI Completes OEM Eye Tracking Platform to Cover All Consumer Displays 3Rep. Honda to Visit Crossmatch in Redwood City 2Synaptics Chosen for Human Interface Co-Development on Windows 10 2
... DURHAM, N.C. -- Obese people who consume increased amounts ... in particular in soft drinks and fruit juices, are ... more its more severe forms, fatty inflammation and scarring. ... they better understand what mechanism may account for fructose-related ...
... City, OK and Shenzhen, China -- May 2, 2012 ... in conjunction with George Mason University (GMU), the Massachusetts ... the University of Oklahoma Health Sciences Center (OUHSC), jointly ... 100 human adenoviruses gathered from researchers globally, including ones ...
... draws to an end. Guys drop dead by the hour, making ... to father their offspring. We,re often told that males are ... simple if you are a two-spotted goby, researchers from the Norwegian ... Two-spotted gobies are tiny fishes with a remarkable sex life ...
Cached Biology News:Increased fructose consumption may deplete cellular energy in patients with obesity and diabetes 2Increased fructose consumption may deplete cellular energy in patients with obesity and diabetes 3BGI, GMU, Mass. Eye and Ear and OUHSC announce agreement to sequence 100 human adenoviruses 2Desperate fishwives 2
PlusOne EDTA, disodium salt, 100 g. Category: Electrophoresis Systems & Standards & Reagents, Electrophoresis Standards and Reagents, Buffers....
...
Normal human serum collected off the clot from healthy normal humans. Each donor unit is negative for anti-HIV 1&2, HIV-Ag, HCV, and HBsAg by FDA required tests...
Normal human AB serum, pooled...
Biology Products: