The more drugs are used, the lower the cost of hospitalization
A new study finds a direct correlation between increasing drug costs and decreasing hospitalization costs.
A new study has found a direct association between rising drug costs and decreases in more expensive hospital care and physician services. Produced by Mark Farrah Associates, a data aggregator and publisher providing health plan market data, the report was published in the America’s Health Insurance Plans’s HI-WIRE Connection. The authors of the report noted that drugs account for only 10% of total U.S. health expenditures-a cost-effective form of health care in view of their ability to lower the cost of hospitalization and physician visits.
To see more Daily News articles, click here.
To go to the Drug Topics homepage, clickhere.
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.
