MedCity News September 15, 2024
Tony Willoughby

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...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Health System / Hospital, Provider
The Rise of Private Equity in Health Care — Not a Uniquely American Phenomenon
Allina's IT transfer to Optum going 'remarkably well' 1 year in
NIH chops support for some medical research costs
Unpacking 3 major healthcare private equity bankruptcies
70 chief strategy officers to know | 2024

Share This Article