Congressional spending plan: What’s in it for healthcare, and what isn’t
Chief Healthcare Executive December 21, 2024
Shifting Focus from Medication Costs to Medication Value
MedCity News September 15, 2024
To realize true, sustainable savings in total cost of care, the healthcare system needs to reconsider the support — or lack of support — it provides throughout patients’ medication experiences and the snowball effect that creates on a lifetime of healthcare costs.
When it comes to medication costs, we’re not asking the right questions — or at least, we’re not asking them loudly enough.
Let me explain. Each year, we see medication costs rise. The American Journal of Health-System Pharmacy reported U.S. spending on prescription medications to be $722 billion in 2023, a one-year increase of 14% and a five-year increase of 115%. We see total healthcare costs increase at a similar clip — $4.8 trillion in 2023, representing...
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