Pricing & Procurement Governance

Pricing & Procurement Governance

Examination of how pricing rules, procurement structures, and negotiation mechanisms influence market conditions and long-term price anchoring.
Dec 04, 2024

NHSA Strengthens Control Over Outpatient Spending

Effectively navigating these regulatory changes will have significant and lasting implications for drug manufacturers, particularly in shaping their pricing strategies, reimbursement models, and distribution channel approaches in China.
Aug 28, 2024

Three Key Trends Shaping Pricing for Innovative Non-VBP Medical Devices in China

Understanding and strategically applying these trends is crucial for optimizing pricing strategies and enhancing market adoption of innovative medical technologies in China.
Jul 10, 2024

5 Trillion-Yuan Equipment Renewal and China's National Quota System for Large Medical Equipment

In China, large medical equipment is managed through a planned allocation and permit system. Medical institutions must follow specific plans, meet clinical and functional requirements, and have the necessary technical infrastructure and qualified staff.
Jun 19, 2024

Shanghai Pilots: Leading Value-Based and Risk-Sharing Reimbursement for Medical Consumables in China

Shanghai utilizes value-based pricing negotiations and performance-linked payments for medical consumable reimbursements, providing insights into the future direction of high-value medical consumable reimbursement under China's basic medical insurance.
May 08, 2024

Inside Look: A Former NHSA Official's Take on Pricing Medical Innovations

These perspectives provide unique insights into what may contribute to NHSA's decision criteria in pricing medical innovations and allocating healthcare resources.
May 01, 2024

Advancements in China's BMI Payment Policies for High-Value Medical Consumables: How MedTech Should Prepare

These policies create a national framework for the pricing and reimbursement of high-value medical consumables under basic medical insurance schemes, necessitating proactive preparedness from MedTech firms.
Apr 17, 2024

Quantifying Innovation: Three Key Signals from NHSA's Draft on New Chemical Drug Launch Pricing

The standout enhancement in the current proposal is the addition of a self-assessment scale. This tool, designed to assign a score that quantifies innovation quality based on the company's self-assessment, plays a crucial role in determining the initial pricing of their drugs.
Apr 10, 2024

Former CFDA Head Bi Jingquan: Challenges and Solutions in China's Innovative Medicine Market

Bi Jingquan, previously at the helm of the China Food and Drug Administration and instrumental in regulatory overhauls that transformed
Mar 27, 2024

Pudong Drug Pricing Pilot

#1 Pudong reform pilot permits new drug launch pricing comparable to international markets. On January 22nd, a joint announcement was
Jan 03, 2024

Fair Pricing of Pharmaceuticals: Insights into China's NRDL Negotiation

Although NRDL negotiation involves multiple aspects, at its core, the most fundamental issue is the fair pricing of innovative pharmaceuticals.