HMP Global January 3, 2025
Lindsey DeMarrais, Managing Pharmacist Consultant, McKesson
An increasing number of patients in the US rely on specialty medications, but many health systems are struggling to keep up with growing demand. These complex therapies, which require special handling and administration, as well as multiple pharmacy touchpoints, were being used by nearly 6% of the population in 2023, up from 5.3% just a few years earlier. Manufacturers are, in part, contributing to the rapid growth of the specialty pharmacy market, with specialty drugs making up about 70% of the medications on the docket for FDA approval in the next 5 years.
The prevalence of specialty pharmacies within health systems has increased tremendously in recent years, with up to 90% of large hospitals...