Fortune April 8, 2021
Geoff Colvin

As talk of reform grows in D.C., the two sides are gearing up for an epic clash.

“It’s just appalling,” says Molly Smith, group vice president for public policy at the American Hospital Association. She’s talking about a new report from the Pharmaceutical Research and Manufacturers of America (PhRMA). “Hospitals’ Practices Increase Costs of Medicines for Patients & Employers,” the press release blared, further claiming “the system routinely rewards hospitals for extracting two to three times more revenue from the sale of a medicine than the...

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Topics: Biotechnology, Health System / Hospital, Healthcare System, Pharma, Pharma / Biotech, Pricing / Spending, Provider
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