Mihály Fazekas, Zdravko Veljanov and Alexandre Borges de Oliveira (2024) Predicting pharmaceutical prices. Advances based on purchase-level data and machine learning. BMC Public Health 24. Article 1888.
Background
Increased costs in the health sector have put considerable strain on the public budgets allocated to pharmaceutical purchases. Faced with such pressures amplified by financial crises and pandemics, national purchasing authorities are presented with a puzzle: how to procure pharmaceuticals of the highest quality for the lowest price. The literature explored a …