Healthcare DIVE January 16, 2019
Dive Brief:
Total drug spend per hospital admission increased 18.5% between fiscal years 2015 and 2017, resulting in $1.8 million in additional costs for an average hospital, according to a report sponsored by the American Hospital Association, Federation of American Hospitals and American Society of Health-System Pharmacists. This follows record growth in prescription drug spending between fiscal years 2013 and 2015.
Outpatient and inpatient drug spending per admission both increased in the same time, by almost 30% and 10%, respectively. Hospitals found price increases of more than 80% across some different drug classes, including those for anesthetics, parenteral solutions, opioid agonists and chemotherapy, according to the report released Tuesday.
NORC at the University...
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