Drugs and healthcare spending to double in next 10 years
A new report, published in Health Affairs, projects that both healthcare and prescription drug spending will double in the next decade.
Economists and actuaries from the Centers for Medicare & Medicaid Services estimate that prescription drug spending will more than double from $231.3 billion in 2007 to $515.7 billion in 2017. During the same 10-year period, total healthcare spending is projected to nearly double, reaching $4.3 trillion and consuming 19.5% of the nation's gross domestic product (GDP). In 2006 healthcare spending surpassed $2.1 trillion and accounted for 16% of GDP. The federal analysts warn that with health care responsible for an increasing share of the U.S. economy over the next decade, the country faces difficult decisions about how health care is delivered and paid for. Their findings were published in a
Pharmacists Play Unique Role in Advancing Health Equity for Patients With Chronic Disease
December 7th 2023A new study, outlined in a poster at ASHP Midyear 2023, identified 3 key themes associated with the ways in which pharmacists are positioned to advance health equity for patients with chronic diseases.
Assessing Financial Impacts of Pharmacist-Led Interventions in Pediatric Ambulatory Care
December 5th 2023According to a poster abstract presented at the ASHP Midyear Clinical Meeting & Exhibition, specialty pharmacy services were used for a variety of conditions that have been reported in adult populations.
