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H
Hospital pharmacy
A pharmacy affiliated to a hospital which primarily serves to provide pharmaceutical services for inpatients. In German: …
Hospital price
The price or amount paid by a purchaser in the hospital setting (e.g. a hospital pharmacy) in order to take delivery of certain unit of medicines.…
Hospital purchasing body
The hospital purchasing body is responsible for buying medicines used in their hospital(s) via direct negotiations with medicine companies or the…
Hospital-only Medicines (HOM)
Pharmaceuticals that may exclusively be administered in hospitals. In German: Krankenhausexklusve Arzneimittel Arzneimittel, die ausschließlich…
Human medicine
1. Any active ingredient or combination of active ingredients presented as having properties for treating or preventing disease in human beings. 2.…
I
In-patient care
Health care setting where patients are formally admitted (“hospitalised”) to an institution for treatment and/or care and stays for a minimum of one…
Indication Based Pricing
Pricing the same medicine differently based on the indication in which it is being used. Different variants for implementation have been proposed (e.…
Informal payments
Informal payments are payments to health care professionals in cash or in kind made outside official remuneration for these services by third party…
Interchangeable medicine
An interchangeable pharmaceutical product is one which is therapeutically equivalent to a comparator product and can be interchanged with the…
Interface Management
Interface management relates to policies, mechanisms, and measures of cooperation between the hospital and outpatient sectors, such as collaborative…
Internal Price Referencing
The practice of using the price(s) of identical medicines (ATC 5 level) or similar products (ATC 4 level) or therapeutically equivalent therapies in…
International non-proprietary name prescribing
Requirements for prescribers (e.g. physicians) to prescribe a medicine by its INN, i.e. the active ingredient name instead of the brand name.…
Internet Pharmacy
Umbrella term for retailers of prescription-only medicines (POM) non-prescription medicines (NPM) that sell their products via the World Wide Web.…
L
Lifecycle management
The practice of brand-name manufacturers seeking to further extend the market exclusivity periods for their medicines to maintain revenue streams.…
List price
The price that suppliers display as the price at which they are prepared to sell their product and/or regulated by legislation. A list price is…
M
Magistral Formula
Any medicine prepared in a pharmacy in accordance with a medical prescription for an individual patient. In German: Magistrale Zubereitung /…
Managed entry agreement (MEA)
An arrangement between a manufacturer and payer/provider that enables access to (coverage/reimbursement of) a health technology subject to specified…
Manufacturer
Natural or legal person with responsibility for the manufacturing of a product. Manufacturing includes all operations of receipt of materials,…
Margin
The percentage of the selling price that is profit. In the case of the pharmaceutical distribution, a wholesale or pharmacy margin is price-dependant…
Marginal cost
Increase or decrease in costs as the result of one more or one less unit of output. Determining marginal cost is important in deciding whether or not…
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