Becker's Healthcare March 11, 2025
With drug prices surging, hospitals are looking for innovative ways to reduce pharmaceutical costs. Oftentimes, this calls for “cutting out the middlemen” and buying directly from pharmaceutical companies.
Between July 1, 2025, and June 30, 2026, Vizient projects hospital pharmacy expenses to increase 3.84%. Nationally, drug prices rose 9% between 2023 and 2024, according to Kaufman Hall’s “National Hospital Flash Report,” released in early February.
As ongoing medication price increases factor into health systems’ operating losses, pharmacy leaders are implementing new ways to contain costs.
One of those strategies involves buying directly from drug manufacturers rather than wholesalers or group purchasing organizations, according to Tyson Frodin, PharmD, assistant vice president of pharmacy supply chain at Tacoma, Wash.-based MultiCare...
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