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:8/28/2015)... Aug. 28, 2015 ... the addition of the "12th Annual Report ... report to their offering. The ... Manufacturing Capacity and Production is the most recent ... current and projected future capacity and production. The ...
(Date:8/28/2015)... Research and Markets ... the "Investigation Report on China,s Quetiapine Market, ... Developed by AstraZeneca plc, quetiapine (under the trade ... the treatment of schizophrenia. Approved by CFDA to ... the Catalogue of Drugs for the Basic National ...
(Date:8/28/2015)... The scientific team of a new ... the leading academics in the field of aging Prof. ... life extension for model animals - 10 fold for nematodes) ... age-related diseases, primarily, around the stability and stress resistance of ... as "Stability analysis of a model gene network links aging, ...
Breaking Medicine Technology:12th Annual Report and Survey of Biopharmaceutical Manufacturing Capacity and Production 2China Quetiapine Market Investigation Report 2010-2019 2Gero: Physics Meets Biology to Help Defeat Aging 2Gero: Physics Meets Biology to Help Defeat Aging 3
... Philips recently recalled specific lots of infant ... H Set Microstream carbon dioxide (CO2) sampling lines ... Lot CodesM1923A , Philips Filterline H Set ... Set Infant/Neo , M8409P10Philips initiated the recall in ...
... Technologies Corp. (NASDAQ: BSTC ), a ... today provided an update on the launch progress ... reported by BioSpecifics, strategic partner, Auxilium Pharmaceuticals, Inc. ... Pfizer, Inc. (Pfizer) in 7 European countries: the ...
Cached Medicine Technology:Recall of Infant and Neonatal-Sized FilterLine H Set and VitaLine H Set Sampling Lines 2BioSpecifics Technologies Corp. Provides Update on XIAPEX® Launch Progress in EU 2BioSpecifics Technologies Corp. Provides Update on XIAPEX® Launch Progress in EU 3
(Date:8/28/2015)... (PRWEB) , ... August 28, 2015 , ... ... abuse, or those who might personally be struggling with chemical dependency, may be ... from Best Drug Rehabilitation, a results-driven holistic treatment center for addiction located in ...
(Date:8/28/2015)... ... 28, 2015 , ... Altima Technologies, Inc., the maker of ... center assets and audio-video devices, recently released Visio Stencils for the following product ... Gen9, EMC VNX Series , Super Micro Computer SuperStorage, Hitachi Data Systems Virtual ...
(Date:8/28/2015)... ... August 28, 2015 , ... ... Veterans Award, honoring military veterans leading in business. Mr. Troy Mizell, Chairman ... , The inaugural Nashville Business Journal's 2015 Veterans Awards will recognize Nashville military ...
(Date:8/28/2015)... ... August 28, 2015 , ... ... loyalty at a low cost. Personalized with practice contact information and logos, Calendars ... Dental offices can also incorporate Calendars into seasonal mailings, thank you and welcome ...
(Date:8/28/2015)... ... August 28, 2015 , ... Mendon, IL, home of the Adams County ... people, all for a good cause. In its second year, the “Music With A ... Best Drug Rehabilitation. The “Mission” of “Music With A Mission” is to raise money ...
Breaking Medicine News(10 mins):Health News:Best Drug Rehabilitation Releases New Video Outlining Patients' Personal Recovery Stories 2Health News:Best Drug Rehabilitation Releases New Video Outlining Patients' Personal Recovery Stories 3Health News:Altima Updates NetZoom™ Visio® Stencil Library for Cisco, HP, and EMC Devices 2Health News:Altima Updates NetZoom™ Visio® Stencil Library for Cisco, HP, and EMC Devices 3Health News:MyGenetx Board Member Receives Veterans Award 2Health News:SmartPractice® Introduces 2016 Calendars for Dental Practice Giveaways 2Health News:Best Drug Rehabilitation Sponsors "Music With A Mission" Concert Featuring Avenue Beat 2
... , Jan. 25 The Starr International Foundation (SIF) ... organizations providing critical relief in Haiti . The grants to ... deliver much-needed medical care, clean water and sanitation to survivors of ... grant to Partners in Health (PIH) to help the organization deliver ...
... Jan. 25 Computalogic, a clinical management company, ... offers single and multi-clinic opiate addiction treatment facilities an efficient ... As a user-friendly system, MethodOne does not require the operator ... All that the clinic needs is a web browser. , ...
... by paramedics shortens time to specialized treatment, study finds ... that people with chest pain who are given an ... as long to receive treatment to open their arteries. ... room and go directly to the cardiac catheterization laboratory ...
... use the data to reduce risk, , MONDAY, Jan. 25 ... human genome that predict a heightened risk of pancreatic cancer ... sweep of the genome for genes related to the disease. ... other cancers, the discovery of others apparently surprised the researchers. ...
... ... 5W Public Relations ( http://www.5wpr.com ) , one of the 25 largest ... Philip Stein ( http://www.philipstein.com/ ) watches to its versatile roster of ... grown to be a leader in watches and other lifestyle products using proprietary ...
... Boston University School of Medicine (BUSM) have determined ... activated in late-stage cancers, is responsible for the ... DNA hypermethylation causing silencing of critical genes that ... online in Cancer Research , may lead ...
Cached Medicine News:Health News:Starr International Foundation Gives $1 Million To Earthquake Relief Effort In Haiti 2Health News:New Web-Based MethodOne Clinic Management Software 2Health News:Discovery Links Genes to Pancreatic Cancer 2Health News:Discovery Links Genes to Pancreatic Cancer 3Health News:5W Public Relations Adds Philip Stein Watches to Its Fashion & Lifestyle Client Roster 2Health News:5W Public Relations Adds Philip Stein Watches to Its Fashion & Lifestyle Client Roster 3Health News:Discovery of epigenetic memory during breast cancer 2
Class II Type A2 Biological Safety Cabinet...
Built-in, motor-driven internal calibration mass for convenient Touch-key calibration. Also capable of touch-key calibration with external weights. Built-in RS232 Interface, Shimadzu WindowsDirect ...
... motor-driven internal calibration mass for convenient ... when temperature change detected and at ... parameters, plug-in peripherals, and easy operation ... balance series highly accurate and easy ...
Can download data from your A&D balance directly to your PC saving time and reducing the chances of manually recording the wrong weighing data; 60 month warranty; automatic adjustable environment set...
Medicine Products: