{"id":13396,"date":"2026-11-10T23:50:58","date_gmt":"2026-11-10T18:20:58","guid":{"rendered":"https:\/\/bijmrd.com\/?p=13396"},"modified":"2026-11-10T23:50:58","modified_gmt":"2026-11-10T18:20:58","slug":"use-of-modern-technology-in-reference-pricing-of-the-health-care-system","status":"publish","type":"post","link":"https:\/\/bijmrd.com\/index.php\/volume4-issue10\/use-of-modern-technology-in-reference-pricing-of-the-health-care-system\/","title":{"rendered":"Use of Modern Technology in Reference Pricing of the Health Care System"},"content":{"rendered":"\n<p class=\"has-vivid-cyan-blue-color has-text-color\"><strong>Author: Dr. Nabarun Sahu<\/strong><\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color\"><strong>DOI Link:<\/strong> <a href=\"https:\/\/doi.org\/10.70798\/Bijmrd\/04100002\">https:\/\/doi.org\/10.70798\/Bijmrd\/04100002<\/a><\/p>\n\n\n\n<p><strong>Abstract:<\/strong> This research investigates the use of modern technology in reference pricing within health care systems using a mathematical modeling approach. Reference pricing sets benchmark costs for medical procedures or drugs, promoting cost-efficiency and transparency. By integrating predictive analytics, machine learning, and optimization techniques, the study formulates dynamic cost functions that consider patient demographics, service complexity, and quality outcomes. Simulation and regression models are employed to estimate reference prices and assess their impact on total expenditure and patient access. Results indicate that technology-driven models improve pricing accuracy, reduce unnecessary spending, and maintain care quality. The study highlights the potential of computational tools in optimizing health care pricing and informing policy decisions.<\/p>\n\n\n\n<p><strong>Keywords:<\/strong> Reference Pricing, Health Care, Mathematical Modeling, Optimization, Predictive Analytics, Cost Function, Machine Learning.<\/p>\n\n\n\n<p class=\"has-ast-global-color-1-color has-text-color\"><strong>Page No: 14-21<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-ast-global-color-6-background-color has-background wp-element-button\" href=\"https:\/\/bijmrd.com\/wp-content\/uploads\/2026\/11\/14-21.pdf\">download journal<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Author: Dr. Nabarun Sahu DOI Link: https:\/\/doi.org\/10.70798\/Bijmrd\/04100002 Abstract: This research investigates the use of modern technology in reference pricing within health care systems using a mathematical modeling approach. Reference pricing sets benchmark costs for medical procedures or drugs, promoting cost-efficiency and transparency. By integrating predictive analytics, machine learning, and optimization techniques, the study formulates dynamic &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bijmrd.com\/index.php\/volume4-issue10\/use-of-modern-technology-in-reference-pricing-of-the-health-care-system\/\"> <span class=\"screen-reader-text\">Use of Modern Technology in Reference Pricing of the Health Care System<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":"","_joinchat":[]},"categories":[66],"tags":[],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":false,"author_link":"https:\/\/bijmrd.com\/index.php\/author\/asraful-alibiswas\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/bijmrd.com\/index.php\/category\/volume4-issue10\/\" rel=\"category tag\">Volume4 Issue10<\/a>","rttpg_excerpt":"Author: Dr. Nabarun Sahu DOI Link: https:\/\/doi.org\/10.70798\/Bijmrd\/04100002 Abstract: This research investigates the use of modern technology in reference pricing within health care systems using a mathematical modeling approach. Reference pricing sets benchmark costs for medical procedures or drugs, promoting cost-efficiency and transparency. By integrating predictive analytics, machine learning, and optimization techniques, the study formulates dynamic&hellip;","_links":{"self":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/13396"}],"collection":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/comments?post=13396"}],"version-history":[{"count":1,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/13396\/revisions"}],"predecessor-version":[{"id":13398,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/posts\/13396\/revisions\/13398"}],"wp:attachment":[{"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/media?parent=13396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/categories?post=13396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bijmrd.com\/index.php\/wp-json\/wp\/v2\/tags?post=13396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}