Laura & John Arnold Foundation Awards $7.2 Million To Four Organizations For Value-Based Pharmacy Purchasing Models

On February 17, 2016, the Laura and John Arnold Foundation announced it had committed funding of $7.2 million to be shared by four organizations to conduct research focused on pharmacy purchasing and new value-based pharmacy reimbursement models. Two of the organizations will conduct pilot projects to test new drug pricing and purchasing models that take into account a drug’s value to patients in terms of the medication’s effectiveness and the cost relative to other existing alternatives. The other two grantees will conduct research to analyze how regulatory policies and programs impact drug pricing, drug development, and . . .