In the health care sector, the pricing strategy is the most important part in the hospital managements. Whether the hospitals are for profit or non-profit, the pricing is involved in both. The long term growth and the progress of the pharmaceutical industries all depends upon the drug prescription by the hospitals. In both of the health care and the pharmaceutical sector, the pricing is the factor that is the under most consideration in the financial management.
There are various factors that control the pricing strategies. However the cost are almost fixed and there ...