Tag Archives: price

Novartis, Amgen and Mallinckrodt used aggressive price hikes to meet sales goals, congressional probe finds

Novartis, Amgen and Mallinckrodt relied on routine price hikes to meet their financial targets—and, to make sure they could keep increasing prices, they worked to inhibit competition and keep their monopoly pricing power, a congressional committee said Thursday as hearings continued on Capitol Hill. Amgen’s pricing decisions “were driven primarily by the need to meet… Read More »

Hospital groups file lawsuit to block Trump’s price transparency rule

(Reuters) – U.S. hospital groups have challenged the Trump administration’s rule that requires them to be more transparent about prices they charge patients for healthcare services, according to a lawsuit filed on Wednesday. The plaintiffs, including the nonprofit American Hospital Association (AHA), are looking to block the rule issued last month that mandates hospitals to… Read More »