Pharmacy

On average, oncology accounts for about 70% of hospital drug expenditures, according to IQVIA data covering the U.S. and 11 other countries.  Countries approach drug spending in several different ways, clinical research firm IQVIA said in an Oct. 21 report.…

List prices for 10 of the nation’s most expensive drugs will drop to their CMS-negotiated price Jan. 1. House lawmakers introduced a bill Nov. 20 to expand these annual negotiations to 50 medications.  Under current law, CMS can negotiate with…

As the U.S. works several levers to lower drug pricing, such as Medicare negotiating costs with drugmakers and President Donald Trump launching TrumpRx, a report from the IQVIA Institute quantified how much more the U.S. pays for medications.  IQVIA, a…

In recent weeks, drug manufacturers have announced shortages for several medications. Becker’s compiled a list of recent drug shortages based on data from the American Society of Health-System Pharmacists:  1. Chlorothiazide oral suspensions: Bausch Health has its Diuril oral suspension…

A record-breaking 70% of NYC Health + Hospitals’ primary care patients now have their Type 2 diabetes controlled, the New York City-based system said Nov. 19.  NYC Health + Hospitals defines Type 2 diabetes control as an A1C level below…

The Institute for Safe Medication Practices named Altamonte Springs, Fla.-based AdventHealth as a recipient of its annual Cheers Award, which recognizes excellence in medication safety.  The health system is receiving the award for its infusion pump management strategy, which has…

Pharmacy’s strategic influence in the C-suite is growing as more executives recognize it not as a cost center, but as a systemwide revenue engine. However, pharmacy leaders say the profession still isn’t fully understood at the executive level, and more…

To manage the finances of CAR-T therapies, which can cost up to $1 million each, health systems are increasingly using “pay for performance” deals, according to a Nov. 17 article in Specialty Pharmacy Continuum.  Fran Gregory, PharmD, vice president of…

In a Nov. 14 letter, the American Society of Health-System Pharmacists and other pharmacy organizations asked CMS Administrator Mehmet Oz, MD, to consider expanding pharmacists’ scope of practice.  The letter builds off Dr. Oz’s early October comments, when he encouraged…

Novo Nordisk is temporarily offering doses of Type 2 diabetes drug Ozempic and weight loss medication Wegovy for $199, the drugmaker said Nov. 17.  Between Nov. 17 and March 31, self-paying patients of Wegovy or Ozempic can order their first…