Most Cancer Centers Do Not Disclose Payer-Specific Prices

MONDAY, April 18, 2022 (HealthDay News) -- Most U.S. National Cancer Institute-designated cancer centers do not provide required price transparency, but markup on parenteral chemotherapy appears widespread, according to a study published online April 18 in JAMA Internal Medicine.
Roy Xiao, M.D., from Massachusetts Eye and Ear in Boston, and colleagues assessed the extent of price markup by hospitals on parenterally administered cancer therapies and price variation among hospitals. The analysis included private payer-specific negotiated prices for the top 25 parenteral (e.g., injectable or infusible) cancer therapies by Medicare Part B spending in 2019 using publicly available hospital price transparency files.
The researchers found that 27 of 61 National Cancer Institute-designated cancer centers disclosed private payer-specific prices for at least one top-selling cancer therapy as required by federal regulations. Across all centers and payers, median drug price markups ranged from 118.4 percent (sipuleucel-T) to 633.6 percent (leuprolide). Price ratios ranged from 2.2 (pertuzumab) to 15.8 (leuprolide) across centers. Within the same center, negotiated prices also varied considerably between payers, with median within-center price ratios for cancer therapies ranging from 1.8 (brentuximab) to 2.5 (bevacizumab).
"The findings of this cross-sectional study suggest that, to reduce the financial burden of cancer treatment for patients, institution of public policies to discourage or prevent excessive hospital price markups on parenteral chemotherapeutics might be beneficial," the authors write.
Several authors disclosed financial ties to the medical and health insurance industries.
Abstract/Full Text (subscription or payment may be required)
Related Posts
People Are Still Evolving, Creating New Genes
WEDNESDAY, Dec. 21, 2022 (HealthDay News) -- Humans have continued to evolve...
Telemedicine Helped Many MS Patients During Pandemic
THURSDAY, March 3, 2022 (HealthDay News) -- Telemedicine was widely used by...
Vinculan los edulcorantes artificiales con un mayor riesgo de cáncer
VIERNES, 25 de marzo de 2022 (HealthDay News) -- "Sin azúcar" quizá parezca...
Los ‘fans tóxicos’: cuando la adoración de su hijo por un famoso llega demasiado lejos
JUEVES, 13 de abril de 2023 (HealthDay News) -- No es nada nuevo que los jóvenes...
