Navigation Links
Rise in drug costs to hospitals, clinics slowing in 2013
Date:2/15/2013

12, prescription sales in the U.S. totaled $326 billion, a 0.8 percent increase from the previous 12 months. The growth rate was the lowest in recent history. The authors attribute this slowing to modest increases in expenditures for new products (3.3 percent) and pricing of existing products (5.9 percent), coupled with a marked decline in overall volume and mix (less than 8.4 percent).

Retail pharmacies, mail-order pharmacies and clinics accounted for the majority of prescription expenditures. Oncology medications and biologics continue to be large and important expenditures for hospitals and clinics. Antineoplastic agents were the top medication expenditures in nonfederal hospitals in 2012, accounting for 15.1 percent of all hospital drug expenditures in 2012, while oncology products accounted for 32.2 percent of drug expenditures in clinics during the first nine months of 2012.

Hoffman noted the significant number of expensive cancer therapies that have been approved in recent years. "We have reached a new threshold where a course of treatment for some new cancer therapies can cost more than $100,000, which illustrates the growing challenge oncology drug costs present to hospitals and clinics," he said.

Hoffman added that several other developments will influence prescription drug expenditures in coming years, including the Food and Drug Administration's implementation of an approval process for biosimilars and other actions that facilitate the introduction of generic drugs into the medication pipeline. Although unresolved issues remain, the introduction of biosimilars will present a new cost savings opportunity for the health system, but biosimilars are not expected to influence drug costs in 2013.

ASHP has published this report since 1992, with Hoffman leading the team producing it since 2004. Data for the analysis were obtained from the IMS Health National Sales Perspectives (NSP) database. The NSP sample is derived from more than 1
'/>"/>

SOURCE St. Jude Children's Research Hospital
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Contract Research Organizations Set to Experience Rapid Growth as Development Costs for New Drugs Continue to Rise
2. Consumers Are Advised to Be Aware of Hidden Costs in Some Discount Dental Plans
3. At SIIM 2012 Siemens Healthcare Demonstrates Departmental IT Solutions That Help Administrators Increase Access while Managing Costs
4. Renal Dialysis Equipment Market to 2017- Lower Costs and Similar Efficacy Rates as Hemodialysis to Increase Adoption Rates of Peritoneal Dialysis
5. Verizon Identifies 10 Most Promising Ways to Use Health IT to Enhance Patient Care, Reduce Costs
6. Protected Classes Prescription Drug Mandates Would Hike Small Business Costs, Drug Company Profits
7. Ranbaxy Commends New IMS Study Which Credits Generic Prescription Drugs With $1 Trillion Savings In U.S. Health Care Costs Over Past 10 Years
8. BidOnHealth.com Offers a Solution to Rising Healthcare Costs
9. A Slow Economy and High Development Costs to Drive Rise in Pharmaceutical Outsourcing to Contract Research Organizations
10. Independent Schools Consortium Slams Brakes on Rising Health Care Costs
11. Cardinal Health Specialty Solutions, Health Alliance Plan Work With Michigan Oncologists to Improve Quality, Curb Costs of Cancer Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/1/2015)... , June 1, 2015   Regulus Therapeutics ... company leading the discovery and development of innovative ... G. Xanthopoulos , Ph.D. has resigned as President ... of Regulus, Board of Directors, effective today, to ... Grint, M.D., who previously served as Chief Medical ...
(Date:6/1/2015)... , June 1, 2015 The nuclear ... by 2020 at a CAGR of 12.08%. Nuclear medicine ... diseases. The two major types of Nuclear imaging used ... was the mainstream modality for nuclear medicine applications like ... to change because of global shortage of molybdenum-99 isotope ...
(Date:6/1/2015)... DURHAM, N.C. , June 1, 2015  bioMérieux, ... vitro diagnostics, has been invited to join the ... of antibiotic use in the U.S. as a means ... various sectors, will gather tomorrow, June 2, 2015, to ... next five years to slow the emergence of antibiotic-resistant ...
Breaking Medicine Technology:Regulus' Kleanthis G. Xanthopoulos, Ph.D., to Step Down as President and Chief Executive Officer 2Regulus' Kleanthis G. Xanthopoulos, Ph.D., to Step Down as President and Chief Executive Officer 3Regulus' Kleanthis G. Xanthopoulos, Ph.D., to Step Down as President and Chief Executive Officer 4North America Nuclear Imaging Market - Growth, Trends And Forecasts (2014 - 2019) 2North America Nuclear Imaging Market - Growth, Trends And Forecasts (2014 - 2019) 3bioMerieux Honored to Participate in the White House Forum on Antibiotic Stewardship 2bioMerieux Honored to Participate in the White House Forum on Antibiotic Stewardship 3
... Sept. 13, 2011 Rare Disease Therapeutics, Inc. (RDT) ... Immune F(ab,)2 (Equine) Injection) is now available on the ... owned subsidiary of Medco Health Solutions, Inc. (NYSE: MHS). ... approved by the United States Food and Drug Administration ...
... CARLSBAD, Calif., Sept. 13, 2011 Isis Pharmaceuticals, Inc. (Nasdaq: ... announced that management will present a company overview at UBS, ... 2011 at 1:30 p.m. ET at the Grand Hyatt New ... will be available on the "Investors & Media" section of ...
Cached Medicine Technology:Rare Disease Therapeutics, Inc. Selects Accredo Health Group to Distribute Anascorp® for the Treatment of Centruroides Scorpion Sting Envenomation 2Rare Disease Therapeutics, Inc. Selects Accredo Health Group to Distribute Anascorp® for the Treatment of Centruroides Scorpion Sting Envenomation 3Rare Disease Therapeutics, Inc. Selects Accredo Health Group to Distribute Anascorp® for the Treatment of Centruroides Scorpion Sting Envenomation 4
(Date:6/1/2015)... 2015 The Muscular Dystrophy Association ... in participating in the sold out 2015 Bank ... secure guaranteed entry by signing up through the ... space is limited. , This national endurance program ... and abilities, and a supportive community of teammates, ...
(Date:6/1/2015)... June 01, 2015 Sharenote, a leading ... for the Healthcare Industry this week in Louisiana. The ... in four days to provide potential providers with the ... profitability, and monitor risk within their network. , ... and is being used by more than 250 practices. ...
(Date:6/1/2015)... More than 22 million children may miss out on milk’s ... they lose access to free or reduced-price meal programs. June ... companies are on a mission to bring more nutritious milk ... , In many cases, food insecure children depend on ... bulk of their daily nutrition. Although the National School Lunch ...
(Date:6/1/2015)... Listen to Volvo’s Director of Connectivity Strategy, Martin Kristensson, ... data to create better customer oriented services. Flanking him ... Celaya Gonzalez, CIO at MAPFRE, and Silvan Rath, CEO ... MAPFRE are well versed in capturing complex data and ... Award winning start-up ParkTAG offer an exciting new perspective, ...
(Date:6/1/2015)... session, entitled “Building the Blueprint for Tomorrow’s Vehicle Software,” ... Automotive Americas, senior representatives from Ford and Delphi, and ... Andy Gryc of CX3 Marketing. The discussion will focus ... in connected vehicles and autonomous cars, and will address ... can fit into new vehicle software. , The ...
Breaking Medicine News(10 mins):Health News:Sold Out 2015 Bank of America Chicago Marathon and Marine Corps Marathon Entries Still Available through MDA Team Momentum 2Health News:Summer Nutrition Vital for Kids who Depend on Schools for Healthy Foods 2Health News:Complimentary Webinar: Volvo, MAPFRE and Award Winning Start-Up discuss new Frontier of In-Car Services 2Health News:Elektrobit Automotive, Ford and Delphi to Tackle In-Vehicle Software at TU-Automotive Detroit 2015 2Health News:Elektrobit Automotive, Ford and Delphi to Tackle In-Vehicle Software at TU-Automotive Detroit 2015 3
... Bioponic,Phytoceuticals, Inc. (OTC Bulletin Board: BPYT) ... Barbara Anne Nabrit-Stephens, MD, MBA,FAAP has joined ... a board-certified pediatrician with over 30 years ... Dr. Nabrit-Stephens will,help validate and formulate Bioponic,s ...
... mechanism, that leads to adverse reactions identified, officials add ... products have now been found in at least 10 ... surveillance measures to ensure the safety of the blood ... officials said contaminated lots of the blood thinner have ...
... and Higher Maintenance and Fuel Costs to ... ... Corporation,(Nasdaq: AIRM ), the largest air medical transportation company ... Based on preliminary 2008 first quarter results, total community-based,patient ...
... Triple-S,Management Corporation (NYSE: GTS ) today announced ... first quarter ended March 31, 2008,before the market opens ... Executive Officer, and Juan-Jose Roman, Finance Vice President and,Chief ... these,results and the outlook for the company at 10:00 ...
... N.J., April 22 Medco Health,Solutions, Inc., (NYSE: ... agreement with,UnitedHealth Group to provide pharmacy benefit services ... the next generation of collaboration with,UnitedHealth Group, delivering ... Medco chairman and CEO. "This agreement advances,our relationship ...
... MILLION MEANS GREATER EXPANSION OF COMMUNITY-BASED BEHAVIORAL ... HEALTH CARE SERVICES ACROSS ... ValueOptions(R) New,Mexico, the behavioral health organization that serves the ... additional $3,million to behavioral health care providers to further ...
Cached Medicine News:Health News:Bioponic Phytoceuticals Appoints Renowned Physician Dr. Barbara Nabrit-Stephens to Scientific Advisory Board 2Health News:Bioponic Phytoceuticals Appoints Renowned Physician Dr. Barbara Nabrit-Stephens to Scientific Advisory Board 3Health News:FDA: Contaminated Heparin Found in 11 Countries 2Health News:FDA: Contaminated Heparin Found in 11 Countries 3Health News:FDA: Contaminated Heparin Found in 11 Countries 4Health News:Air Methods Provides 1st Quarter Update 2Health News:Air Methods Provides 1st Quarter Update 3Health News:Triple-S Management Corporation Schedules First-Quarter Earnings Release and Webcast 2Health News:Medco, UnitedHealth Group Announce Pharmacy Services Agreement 2Health News:ValueOptions(R) New Mexico Provides $10.3 Million for Community Behavioral Health Care Organizations 2
Coibri handle. Pierse tips with 6 mm platform. 2.5 mm angled tips. Manufactured in titanium....
Straight shafts with 2.0 mm, 1 x 2 Elschnig style teeth. Serrated handle with polished finish. Handle: Wide....
Straight shafts with 45 degrees, 0.12 mm, 2 x 3 teeth and tying platform. Serrated handle with polished finish....
Straight shafts with 0.1 mm Pierse tips. Flat smooth handle with dull finish....
Medicine Products: