Thousands of Medicare recipients will face higher costs for expensive cancer drugs following passage of two provisions in the One Big Beautiful Bill Act, signed by President Donald Trump in July, The Wall Street Journal reported Aug. 3.  Two provisions…

On July 31, the Trump administration told 17 major drugmakers to align U.S. medication prices with the lowest prices sold in other countries, or the most-favored-nation price.  The White House instructed drug manufacturers to provide their lowest drug prices to…

Premier has recognized Clearwater, Fla.-based BayCare Health System with the 2025 Pharmacy Compounding Excellence Award Premier presented the award in mid-July to honor BayCare’s “high standards of compounding services to promote patient safety, respond to supply disruptions and demonstrate leadership…

The Health Resources and Services Administration has opened applications for a voluntary pilot program aimed at evaluating the 340B rebate model.  The 340B Program traditionally has offered up-front discounts to hospitals that served low-income and uninsured populations. Drugmakers are required…

Dozens of countries will now face higher tariff rates on imports to the U.S. following the expiration of President Donald Trump’s Aug. 1 trade deal deadline. President Trump signed an executive order late July 31 to implement new tariff rates…

A national medication safety organization is advocating for pharmacies to eliminate prescription time guarantees.  According to the National Coordinating Council for Medication Error Reporting and Prevention, a majority of community pharmacies (62%) offer prescription time guarantees. The most common offering…

Pharmaceutical prices are expected to rise by 3.35% in 2026, according to Vizient’s latest Spend Management Outlook report, released in July.  The report found that price pressures are easing in certain areas due to biosimilar competition, especially with respect to…

Intermountain Health’s specialty pharmacy is partnering with Foundation Health to automate patient communications, according to a July 29 news release.  In an initial six-month program, Foundation Health’s PAIGE AI platform will automate secure messages and voice communications — including patient…

Drug expenses for hospitals continue to soar as inflation, tariffs and more hit the pharmaceutical industry, according to Strata’s “Monthly Healthcare Industry Financial Benchmarks.” The healthcare data firm surveyed leaders from more than 1,850 hospitals across the U.S. to compile…

Elie Bahou, PharmD, senior vice president and chief pharmacy officer at Renton, Wash.-based Providence, stepped down from his role July 11, according to a July 7 LinkedIn post.  In the post, Dr. Bahou reflected on his eight years with the…