MANDATED price caps for public procurement of medicines must be reviewed as some pharmaceutical purchases made for public hospitals do not translate to lower medicine costs for the general public, according to the Philippine Institute for Development Studies .
“DPRI-compliance is associated with long procurement posting and higher propensity for procurement failure, but not with lower procurement price,” Abrigo, Estopace, and the other researchers said. “There may also be a need to more intently pursue pooled procurement at the province level if a national-level pooled procurement mechanism is difficult to pursue. As shown by our analysis, procurement at greater quantities is associated with lower procurement prices,” they said.
Further, among the common challenges faced when purchasing medicines, the researchers said, was failed bids. This happens where there are bidders or there are a few bidders, leaving insufficient justification to award a contract.
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