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What (who) is 340B Drug Pricing Program - definition
340B Drug Pricing Program
The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "stretch scarce federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.
Pricing strategies
![Sales being made at [[Soulard Market]], St. Louis, Missouri, drawing by [[Marguerite Martyn]], 1912](https://commons.wikimedia.org/wiki/Special:FilePath/Drawing by Marguerite Martyn of Soulard Market, St. Louis, in 1912.jpg?width=200 "Sales being made at [[Soulard Market]], St. Louis, Missouri, drawing by [[Marguerite Martyn]], 1912")
STRATEGIES RELATED TO PRICE WHEN SELLING PRODUCTS OR SERVICES
Competition Based Pricing; Market Orientated Pricing; Pricing Strategies; Double ticketing; Pricing strategy; Keystone pricing; Price realization
A business can use a variety of pricing strategies when selling a product or service. To determine the most effective pricing strategy for a company, senior executives need to first identify the company's pricing position, pricing segment, pricing capability and their competitive pricing reaction strategy.
Dynamic pricing
PRICING STRATEGY IN WHICH BUSINESSES SET FLEXIBLE PRICES ALGORITHMICALLY BASED ON CURRENT MARKET DEMANDS
Time-based pricing; Time based pricing; Time based price; Peak pricing; Surge pricing; Demand pricing; Time-of-day pricing; Time-of-use pricing; Time-of-use
Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, is a pricing strategy in which businesses set flexible prices for products or services based on current market demands."Dynamic Pricing definition".
