10 high-spend drugs affecting hospitals most

Mackenzie Bean (Twitter) -

Between 2013 and 2015, inpatient hospital drug costs jumped an average of 38.7 percent per admission, making it difficult for many hospitals to manage their budgets, according to a recent analysis from the independent research organization NORC at the University of Chicago.

Researchers analyzed the unit prices of drugs classified as "high-spend" medications — based on volume, price or both — and found large price increases in this category.

Here are 10 "high-spend" drugs with the most significant price increases. The figures represent total spending by group purchasing organizations for more than 1,400 hospitals, according to the American Hospital Association.

       Drug: 2013 spending — 2014 spending — 2015 spending

  • Calcitonin-salmon: $4,932,748 — $12,529, 284 — $73,082,412

  • Ephedrine sufate: $7,533,234 — $10,528,689 — $34,552,474

  • Glycopyrrolate: $4,932,748 — $66,606,577 — $73,082,412

  • Hydralazine: $6,951,150 — $7,725,372 — $17,568,936

  • Isoproterenol: $5,602,447 —$23,066,826 — $86,541,461

  • Neostigmine methysulfate: $56,818 — $4,311,153 — $78,814,217

  • Nitroprusside: $9,802,140 —$48,278,606 — $94,966,434

  • Phytonadione: $12,731,141 — $20,809,335 — $35,609,824

  • Pyrimethamine: $595,748 — $801,690 — $812,109

  • Sodium benzoate: $4,857,185 — $3,559,993 — $12,651,343


More articles on supply chain:

Roche subsidiary earns priority review status for drug Lucentis
St. Jude Medical issues warning on heart device after 2 patient deaths
Cost is king: 5 thoughts on the hospital supply chain from an expert who's seen both sides of the business

 


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.