AHA, FAH report documents dramatic rise in inpatient drug costs

AHA News

Inpatient hospital drug costs increased more than 38% per admission between 2013 and 2015, according to a report from the University of Chicago’s NORC, an independent research institution. The report was commissioned by the AHA and Federation of American Hospitals (FAH), who unveiled its findings at an... read more

Topic: Advocacy and Public Policy
Tag: drug prices

Experts air proposals to rein in rising prescription drug prices

AHA News

A panel of health care pharmaceutical experts May 3 offered a range of approaches to help rein in what all agreed is an unsustainable increase in prescription drug prices during an executive briefing at the AHA’s annual meeting.  

They noted that the growth in the price of prescription drugs outpaces... read more

Topic: Advocacy and Public Policy
Tag: drug prices

Why health systems should invest in their internal pharmacy enterprise

AHA News

By Scott J. Knoer
and Steve Rough

 

As we shift our focus from volume to value on our quest to improve population health, we must invest in programs that reduce costs while improving outcomes, quality, safety and the patient experience for all patients we serve. When integrated across the continuum of... read more

Topic: Quality and Patient Safety
Tag: drug prices

Campaign proposes 'market-based solutions' to rein in drug prices

AHA News

The AHA today joined a coalition of health care providers, insurers and seniors in calling for greater transparency, competition and value to rein in soaring prescription drug prices.

Among other “market-based solutions,” the Campaign for Sustainable Rx Pricing proposed requiring drug makers to release a... read more

Topic: Advocacy and Public Policy
Tags: advocacy, drug prices

Senate hearing highlights impact of rising drug costs on hospitals

AHA News

The recent wave of increases in the cost of prescription drugs is straining hospital budgets and squeezing patients, hospital and other health care witnesses Dec. 9 told the Senate Aging Committee at a hearing on “sudden price hikes” in off-patent drugs.

Witnesses cited huge cost increases for some... read more

Topic: Advocacy and Public Policy
Tags: Drug Shortages, drug prices

CMS: National health spending grows 5.3% in 2014

AHA News

U.S. spending on health care grew 5.3% in 2014 – largely due to coverage expansion associated with the Affordable Care Act (ACA) and rapidly rising prescription drug prices – following five straight years of historically low growth, the Centers for Medicare & Medicaid Services (CMS) reported Dec. 2 in an... read more

Topic: Advocacy and Public Policy
Tags: Coverage, drug prices

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